Price Analysis

Tron Price Analysis: Tron (TRX) Tops In Dapps Quarter 2 list; Future of TRX Promises a Profit

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  • Tron ranks at the top of the Q2 list of Dapp.com and leaves EOS & Ethereum behind.
  • The future with the coin is promising than ever.

Tron (TRX) is under market pressure, hence couldn’t turn green. The coin has, however, once again proved that the coin is a result-giving investment. The coin has taken up the top rank in the quarter 2 list of Dapps.com. The coin has left behind the top rankers like Ethereum and EOS.

The list has astounded the marketers. The coin has attracted many, and in some time we are expecting that the market cap of Tron will touch new highs.

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Let’s have a look at the chart.

Current Statistics of Tron (TRX):

The chart is taken from TradingView on 5th July 2019, at 03:57:18 UTC.

Tron Price Chart - 5 July
Tron Price Chart

Summary of the statistics:

  • The price of Tron (TRX) is 0.031378 USD.
  • The coin is at the 10th rank in the crypto market.
  • The market capitalization of Tron is 2,092,354,232 USD.
  • The 24hr volume of Tron (TRX) is 681,196,744 USD.
  • The circulating supply of Tron stands at 66,682,072,191 TRX.
  • The ROI of Tron is at 1429.71%.

The first four days of July 2019 has passed. The charts aren’t impressive, but we are positive about the weekend. The coin was at $0.031 on 1st July. The coin walked up on the first day of the month and touched a high at $0.0332. The hike was of 5.3% from the opening price. The coin booked a hike of 4.20% during the day. The coin closed at $0.0329. Next day, the coin dropped by 7.32%. The change in price was from $0.032 to $0.032. The intraday loss was by 2.85%. The coin closed at $0.032. On 3rd July, the coin again booked a progression of 2.85% as the opening price was $0.0320 and the closing price was $0.0329. 4th July was a disappointing day as the coin slipped to $0.031 from $0.032. The regression marked was 5.01%. Today, the coin is dealing at $0.031. We aren’t expecting much from the coin today.

Tron Price Prediction:

Tron will soon be dealing in high digits. The market has a huge expectation with the coin. By the end of 2019, the coin might be hovering around $0.05.

Conclusion:

The people who are looking for long term investment can go for Tron (TRX). The outcome of the investment is expected to huge. The short term investment in the coin is also promising so that they can go for the same too.

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on world's leading digital currencies. She holds graduate degree in journalism.

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