While Tron is still at the early stages of its development, it has made more progress than many other projects that were launched around the same time. Most analysts have predicted that the Tron Trx token will reach its full potential in the next five years. Right now, the Tron Foundation has trying to rebuild the entire entertainment world which is currently worth about $1 trillion. Tron news, Tron Trx news, and Trx news have mainly been about how Justin Sun and his team aim to make their dream a reality and how this would influence the Tron price prediction.
One thing that makes the future of Tron bullish is that it is more scalable that many other blockchains. The Tron blockchain was created to handle thousands of transactions within a second. Right now, Tron handles 10,000 transaction throughput per second, but Ethereum handles just 25 transaction throughput second. This is one of the reasons why Justin Sun says Tron is better than Ethereum.
Tron TRX News Today – Tron Cuts Out The Intermediaries
Using decentralized blockchain technology, Tron cuts out the intermediaries on entertainment and social media giants like YouTube, Google and Facebook. Content creators will have direct access to their audience. It cuts out the intermediaries and all the costs attached to using intermediaries. For example, a dApp developer on the tron network can receive payments for his dApps ads directly from the audience and not through a host like Google. Right now, Tron hasn’t gotten to this point yet. However, Justin Sun is confident that they have what it takes to execute this plan. If his dreams are fulfilled, Tron would be the foremost decentralized content creation platform in the world.
While Tron has the scalability required to disrupt the entertainment system, it is still lacking per adoption. Content developers need to leave centralized platforms and opt for the decentralized Tron. To attract more users, Tron has made its compensation model attractive. Unlike platforms like YouTube that control the amount publisher’s get for generating profit, Tron gives the power to the publisher. Even Facebook makes over $17 billion yearly off content that publishers don’t get anything from.
Tron Price Prediction 2019 – Tron Price Prediction 2020
TRON (TRX) Price Today – TRX / USD
| Name | Price |
|---|---|
 | $0.00 |
 | $0.00 |
The price of Tron has been on a downward slope for the past few trading sessions. In fact, almost every altcoin this week is trading in red. So, it would be unfair to use the current price action of Tron as a yardstick to determine its progress.
If, on the other hand, Tron makes progress and becomes the leading blockchain in the entertainment world, the Tron Trx price prediction is going to be impacted significantly. The demand for the TRX token will increase and the price of the token will increase as well. So, the future is bullish for Tron.
Let’s review some of Tron predictions for 2019 and 2020 from the crypto market views.
1. JioMobilePhone1500
According to jiomobilephone1500, they predicted that Tron might not go up as much as $5 by 2019 end as they believe 2019 is going to prove favorable for it. They even added that by 2020, they believe TRX might reach around $47, to be bullish optimistic.
2. Investing PR
According to investingpr, Tron might rise to $1 only in five years, and that sounds like a realistic and conservative prediction.
3. WalletInvestor
Their automatic trading alorithm is not too found of TRX as they see the token price sliding constantly throughout the year to the price of $0.0149 at the end of 2019.
4. More investors
By 2019, Tron will grow as it will regain new investors from payment platforms like PayPal, which can make its value rise up to $1.5 per coin.
5. CoinTame
Cointame gave a very conservative pessimistic prediction of Tron, wherein they stated that by 2019, TRX might reach $0.633, and might touch $1 by the end of 2020.
Tron News Today – Tron (TRX) Foundation Four Rules Giveaway
According to the latest Tron news on the todaysgazette; Tron foundation, in an update, asked users to apply for its latest bounty scheme to stand a chance of winning 5000 TRX giveaway meant to be shared equally among 5 qualified and selected users on the network.
There are four laid down rules and instructions you must follow strictly to stand a chance of being selected for latest giveaway orchestrated by the blockchain technology.
Follow TRON Foundation Korea (@TRON_KOR)
Retweet the post that announced the giveaway
Follow CoinCode Telegram group (https://t.me/coincodekr )
Fill out the Google Form in the tweet
The 5000 TRX contest is probably meant to encourage users to follow other media that disseminate information about Tron network as revealed in the rules and instructions guiding the selection.
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Carolyn Coley is a blockchain reporter. She joined Smartereum after graduating from UC Berkeley in 2018.
