TRON Coin Analysis
What is TRON Coin?
As there are hundreds of cryptos in market, TRON is the latest with the abbreviation TRX as the listing name. TRON is a decentralized blockchain protocol aiming to create an international/worldwide entertainment for completely free. The tech giant will allow the users to upload, send, store publish, own data freely in decentralized autonomous form.
History of TRON Coin
The TRON is made with an intention to Heal the Internet with the help of distributed Economy in digital entertainment. Known as Tronix, is a cryptocurrency which runs on TRONS where it supports all the other cryptocurrencies available in the market. We all saw Bitcoin grew the most over $16000 USD, Litecoin lifted more than 333% whereas Ripple got high by 84% but compared to all only TRONIX has managed to grow faster compared to all of these digital currencies.
As per the records in Coinmarkercap.com, TRX was been traded at $0.0039 USD and then passing 1 week it surged to 0.02064 USD marking a high rise of 513%. This shows that how TRONIX is having the potential to raise itself in the market.
Team Behind TRONIX (TRX)
Justin Sun, who is the founder of Tronix coin, notable is the Chief Representative of Ripple coin in Great China. Following to the foundation of TRX and becoming the CEO, Sun has made a partnership with Chinese E-Commerce Giant Alibaba.com. And then later again making an official announcement of Lucien Chen participating as On Board as advisor in TRX. Hence all these promises that they are having a great team to raise TRX at the world level.
Security of Investments
As we have seen the Sun, Justin Sun is the founder and CEO of TRX; who used to be the Chief Representative of Ripple (XRP). He is the one to nurture this coin and also have the capabilities of strengthening Tronix in the cryptoworld. He also made partnership with Alibaba, Chinese Ecommerce giant and called Lucien Chen on board as an advisor.
All these gives a security to the investors enabling their funds and investments to be very safe and secure. Moreover the will be yielding huge returns to these investors who are trading in TRX. The future of these investors will be very bright.
TRON Coin Price Prediction
Being one of the most surging and rising crypto, TRON has very high potential and caliber to grow in the present market. Tron, backing to almost a couple of weeks, was ranking somewhere at 56th rank is now ranking stands at 14th rank on CoinMarketCap website. This shows that the future of TRON is very bright and has very good potential for huge benefit for long term investments.
I would suggest all the readers to refer to the road-map of TRON Coin which will help you in clear understanding about the future projects of TRX. Here are the Tron Coin Price Predictions for successive years as follows.
1st Possibility of Tron Coin Price Prediction
Many of the leading traders and investors in the world are scratching their heads out of the market constantly remaining RED. But the well known investors, on the other side, are also claiming that it will rise in recent days and will override the previous prices with new heights. Hence , I think Tron is one of the coins that has always outperformed in all the situations and is a reliable cryptocoin which we can trust.
I imagine the Tron Tokens reaching to $0.57 to $0.62 USD with its circulating token supply of 65,748,192,476 tokens. It is predicted that the market capitalization can go to around $37 billion USD.
I can predict this because according to CoinMarketCap, in first week of January, 2018 itself Tron coin has already crossed the $0.20 mark.
2nd Possibility of Tron Coin Price Prediction
Various institutes and I strongly believe about TRX tokens to surpass $3.15 USD benchmark due to inflation and increase in supply. The investors could possible see TRX Market cap reaching approx. at 207.11 billions.
Note: We can predict this figure only if the Circulating Supply increases or remains constant.
3rd Possibility of Tron Coin Price Prediction
Many of us would also be storing the TRX coins to clear it off for high profits/returns in future.
Hence the market share could be divided further more. But TRX, being on of the most loyal coin tends to move upwards. I can presume Tron Coin Price going above $5.72 in the future. It means that the market cap of TRX is assumed to reach at $376.08 billion. However it is only possible if the supply chain remains stagnant. If it goes down or increases then there are chances of variation in prices.
As we have seen the future forecast of Tron Coin which is expected to rise high. This is the correct time to make an investment in TRX Coin, based on your decision, there are chances to earn great returns/
Note: We have assumed the circulating supply as constant. If the supply changes i.e. increases or decreases will result in the change in market cap and token price.