Price Analysis

Tron Price Analysis: Justin Sun Confirms Reveal Of Big News On June 3rd For TRX

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The mysterious huge announcement by Justin Sun, Founder and CEO of Tron, will be finally revealed on June 3rd as tweeted by him. Traders are surely opening their twitter account every second and pulling their eyes on his page. He also tweeted that BitTorrent will be the only token used for BTFS (and no coin issuance). How is it going to affect the sharks of cryptocurrency?

Keep your heartbeat static, June 3rd seems to be a big day for the traders invested in TRX. By then, just keep a gradual notice on the escalations of TRX chart. Whether short-term or long-term seems like all investors will be affected by the big reveal. Fingers crossed!!

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Price Analysis of TRX on 1st June 2019:

Tron Price Chart

What? Tron has hit the highest of the year 2019 again! At 9:30 UTC time, the value of TRX is traded at $0.0356. The return on investment is running at 1637.50% ranking the coin at number 11. The market cap value of TRX is 2,376,573,670 USD with 24 hour volume at 1,059,216,890 USD.

TRX Price Comparison:

Tron Price Chart

It seems like there is no turning back this year for TRX. The beginning of the year opened the value at $0.0196. The value has increased to 80% already. So it seems like even before the big reveal, the escalations will distress the other coins and TRX is charming with an upward trend. Not only does it affect the short-term but long-term investors as well. This is perfect for the traders to bid their capitals.

TRX Price Predictions and Conclusion:

With TRX hitting the highest again in just a few days, the traders are surely switching from other sharks to TRX again. It seems like Justin Sun’s tweets are taken seriously by every trader and analyst! But such a delight comes with consequences as well! What of the highest point dissolves in a few days?

But no matter what, the rumors of TRX closing 2019 with the value at $1 seems still impractical as of now. Justin Sun is surely scrutinizing every factor to hit the sharks in cryptocurrency, but so are others! So if you are planning to get some returns of your capital with TRX, Just a suggestion to all the traders: Keep your eyes and ears open for at least coming 5 days!

Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.

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