fbpx
Price Analysis

Tron Price Analysis: Tron Gets Back To Normal $0.03; More Values To Be Added In Recent Future

  • Tron’s CEO Justin Sun will host Charity Blockchain Poker Cup worth over 2 million TRX coins or $25,000.
  • The 2019 target price remains unchanged at $0.06.

Silencing many critics who have predicted the demise of Tron (TRX) coin, it has grown by huge points in the last 2 days. Especially in the last 24 hours, it has grown by almost 7%. And as per some recent development, Tron Founder Justin Sun is likely to host Charity Blockchain Poker Cup worth over 2 million TRX coins. This cup will be participated by many major names of the crypto world. And it is scheduled on June 14th at 9:00 UTC. As per initial information, a total of 9 players will be playing the game for a prize pool of 1 million TRX or 25,000 USD. These developments are likely to bring more bullish runs for Tron (TRX). By the end of 2019, the coin is likely to reach 0.06 USD mark. Let us analyze the current details of the coin.

Tron Price Statistics-

Tron Price Chart - 13 June

Tron (TRX)13th June 02:39 UTC
Rank12th
ROI (Return on Investment)1,522.84%
Coin Circulation66,682,072,191 TRX
Market Cap2,220,850,114 USD
Tron Price in USD0.03326193 USD
TRX Price in BTC0.00000411 BTC
24h Volume775,404,126 USD

Tron Price Comparison-

Tron (TRX) has been a moderate performer since the starting of the year until the mid of March. From the mid of March, it gradually grew and reached 0.030 USD point. But on 08th April it started falling. It lost around 25% of its value in 17 days. On the starting of May, it again gained momentum. It quickly amassed one-third of its value in just 6 days. The highest point of the year was on 2nd June from which the coin lost 23.37% in 7 days. The market cap on 13th May was 1,662,354,078 USD, and the value of each coin was 0.02515526 USD. The current figures are respectively 33.59% and 32.22% more than the values of Tron coin for the last month.

Tron Price Prediction-

As mentioned earlier, the coin has taken charge for a huge growth; the recent future will see even more growth stories. But the coin will be stabilized before the end of this year. The year ending value of Tron coin is likely to be around 0.06 USD.

Conclusion-

Buying fresh coins is advised for a long-term holding. Intra-day traders will also be profited as the market may have some steep rises in the coming days.

Tags

Mehak Punjabi

Mehak Punjabi is a post graduate in MBA with specialization in Finance and has joined CryptonewsZ with a skill building view in the world of cryptocurrency and blockchain. She is dynamic and a quick learner with a hold on financial analysis.

Related Articles

Back to top button
Close