The Value of Tron (TRX) Could Test the Forecasted $1 Mark Sooner than Expected

Tron (TRX) is one of the top digital currencies in the world, and it has been under the limelight a lot lately. The blockchain project has successfully launched its Mainnet, not only did it do that, it also held one of the biggest token burns in the history of digital currencies.

Tron (TRX) has also been able to secure a lot of partnerships with top firms and establishments in the world (both in and outside the finance sector). Recently, the firm also acquired BitTorrent. Despite all these, the value of the coin has not still met the expectations of its enthusiasts and investors.

TRON (TRX) Price Today – TRX / USD

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Name Price24H (%)
Bitcoin (BTC)
$6,314.37
-0.36%
TRON (TRX)
$0.019506
-0.81%

At the time of writing, the presence of the bulls in the market is very strong and Tron (TRX) is trading at $0.0396 after an increase of over seven percent in the last twenty-four hours. The digital currency has a market cap of $2.67 billion and a trading volume of $231.81 million over the past twenty-four hours.

Tron (TRX) Price Trend and 2018 Expectations

The ultimate goal of Tron (TRX) is to revolutionize the entertainment industry, and all the blockchain project has achieved so far is in preparation for the execution of its plan. Back in January, the value of the coin was 25 cents, but it later declined when the market turned bearish.

With the price trend of the digital currency over the past months, it is obvious that the coin is pretty stable and its current value might be its bottom range, this means it can only go up from here. There are lots of expectations for the digital currency this year.

A lot of analysts have predicted that the digital currency will surge over the 10 cents mark by the end of this year, and that it has the potential to trade over the $1 mark in a few years from now. This prediction is quite possible and could be achieved sooner than expected due to the recent developments and partnerships around the digital currency.

The digital currency is increasingly becoming popular all over the world, and its adoption is also on the rise. This is one of the most important factors that could increase the value of the coin, and the coin could test its forecasted levels sooner than expected.


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