Price Analysis

TRON (TRX) Price Analysis: Will Tron Climb Up In The Coin Ladder?

  • Tron gear up further its alliance with BitTorrent
  • Tron’s Justin Sun promises June to be a month of celebration for TRX holders

Tron pushes the demand of TRX coins and increases it manifold by hinting towards big news on its alliance with BitTorrent. Tron has been successfully making a big impact on the crypto community and attracting investors from across the world through its partnerships. Tron’s founder Justin Sun has always been very vocal about the currency’s future and has gained the support of large investors to invest in the development of the currency. The market seems to open up for Tron.

Tron Price Statistics:

As on May 27, 2019, at 08:53:27 UTC, a price surge is noted in the value of TRX coin. The below price chart shows how well Tron has been recovering and showing an upward movement.

Tron (TRX) Chart

Particulars

Statistics

Price  (USD)

0.032
Price (BTC)

0.00000371

Market Capitalization

2,158,098,780

24h volume

1,227,683,744

Circulating Supply

66,682,072,191 TRX

Return on Investment

1,478.22%

Tron has shown an upward surge of over 10% in the last one week with the highest price recorded at $0.032. The market cap of over $2 Bn is keeping it in the close league of competition.

Conclusion:

The all-time high value of Tron was recorded on January 5, 2018, at 0.30 USD, and the current value of the coin is not even close to this value. However, things change overnight in the cryptocurrencies world, and as per the market analysts, Tron can cross the $0.09 mark by the end of 2019. In the next 2 years, the coin value can be as high as 3 USD. This is indeed a great time to buy TRX coins in bulk and keep them safe for long time returns. Patience on TRX tokens will pay off very well.

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Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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