Less than 48 hours ago, Justin Sun made a very bullish announcement that caused the price of Tron (TRX) to surge by more than 15 percent in less than a day. Sun is the CEO of Tron and he took to Twitter saying that “something amazing is coming.” He said he will release more updates about by this at the beginning of next month. Many considered this a bullish Tron news, and TRX USD price responded positively to it.
The sharp increase in the price of Tron also made some analysts release more bullish and attractive Tron price prediction 2019. Sun has been working tirelessly to increase the adoption and relevance of Tron in the crypto space. He is working towards the mainstream adoption of the digital currency, which would eventually boost the price of Tron. Sun is very outspoken and he is always in the news for one statement, partnership, or bullish Tron news and announcements.
Justin Sun’s Tron Prediction – Tron Will Overtake Cardano in Less Than a Month – Tron News Today
About three weeks ago, Justin Sun released a pretty bullish Tron prediction. While Sun is out there preaching the numerous use cases for blockchain, he is also determined to increase the market cap of Tron (TRX). On the 7th of May, Justin Sun took to his Twitter page to promise his followers that Tron (TRX) will return to the top ten digital currencies in the market by market cap before the end of June.
— Justin Sun (@justinsuntron) May 7, 2019
At the time of this announcement, Tron (TRX) was at the 11th position on the list of top digital currencies according to CoinMarketCap. Cardano (ADA) was holding the 10th position then. Tron was in the top ten digital currencies last year. However, the digital currency lost its position when it plunged and lost a significant fraction of its value. Since then, Sun has been optimistic that the price of Tron (TRX) will skyrocket and TRX will return to the top ten coins by market cap. This Tron news – the announcement of Sun – gave a lot of digital asset investors, traders, and the Tron community hope that Tron will recover.
Tron News Today: Tron (TRX) Overtakes Cardano to Return to the Top 10 – Tron (TRX) Price Is Heading to the Moon
A few hours ago, the price of Tron (TRX) surged significantly and broke over a key resistance level. The increase in the price of Tron (TRX) resulted in a considerable increase in the market cap of Tron (TRX) according to CoinMarketCap. The increase in the market cap of Tron (TRX) helped it to re-enter the top ten digital currencies rankings. Tron is now holding the position of Cardano (ADA), as Cardano is down to the 11th position according to CoinMarketCap.
During Sun’s Tron prediction a few weeks ago, the CEO also said that BitTorrent Token (BTT) will also make it top 30 coins on CoinMarketCap. This cryptocurrency news trending at the moment as BitTorrent Token is currently holding the 29th position on the list of top digital currencies on CoinMarketCap.
TRON (TRX) Price Today – TRX / USD
At the press time, TRX USD live price is $0.035 after an increase of about 10 percent over the past twenty-four hours. The current market cap of the Digital currency is $2.32 billion. The trading volume of the digital currency over the past twenty-four hours is $1.61 billion.