Tron (TRX) is badly affected due to the postponing of the much-awaited lunch of the CEO, Justin Sun, and Warren Buffett. Justin Sun, the CEO of the Tron ecosystem, was looking forward to the meeting. He wanted to promote the crypto market with the objective of bringing an upsurge in the price of Tron and other cryptocurrencies.
Well, the objective is still alive, but the investors seem to be disheartened. And so, the price of the coin seems to be plunging.
Current Statistics of Tron (TRX):
The chart is taken from Trading View on 25th July 2019 at 08:44:41 UTC for price analysis.
Today, the coin opened at $0.023 and then immediately climbed up to $0.024515 by 3.43%. The coin immediately fell on the chart from $0.024515 to $0.023362. The regression was 4.74%. The rest of the hours kept the coin around $0.023. There is not much expectation from the coin for the rest of the day.
|Circulating Supply||66,682,072,191 TRX|
Tron Price Prediction and Conclusion:
Tron price is currently suffering, but the long-term future of the coin is bright. The brains behind the coin are often seen making efforts to make it climb up in the market. We are positive that the efforts will be fruitful someday. The coin is expected to trade around $0.070 by the end of 2019. The same could increase if the momentum increases. However, we strongly recommend diverging the investment to deteriorate the risk. The investors who already held their investments in Tron and were waiting for an upsurge in the month of July are requested to hold the coin. Tron would soon come off the grief and climb again.