TRON (TRX) Price Prediction 2018
Tron has garnered a lot of attention lately—in the last month it’s launched its test net, finished its token swap, begun its super representative program, purchased famed internet site BitTorrent, and more. Justin Sun, the CEO of Tron, has remained one of the more active leaders in crypto and continues to push his plan for Tron’s token TRX to be the currency of the decentralized internet. So where does this leave us in terms of price? The following is our Tron price prediction for 2018.
Currently, TRX sits at #11 in total market cap with a coin price hovering near $.017, or around 291 Satoshi’s for the ratio watchers. It had been hovering in this position for the last few months, until a few deep altcoin drops of the last few weeks. TRON’s peak coin price was as high as eight cents just three months ago. Despite the good news and string of announcements, TRX has fallen just like the rest of the market. And in predicting any price, especially if we’re looking at SATS (ratio of coin to BTC), the market’s macro movements are going to affect it. If the market and BTC rebound, TRX, like many coins, will be rebound by default. In this way, I am going to keep my price prediction in three terms; USD price, satoshi ratio, and ratio of TRX market cap to the entire cryptocurrency market.
Tron (TRX) is up 0.4% over the past 24 hours and is currently trading at $0.01976276 USD.
Tron had a 24 hour low of $0.01918698 and a high of $0.02033751
Tron is the 12th largest cryptocurrency by market cap size.
Tron currently has a marketcap of $1,299,321,260 USD
Its 24 hr trading volume is approximately $108,797,803 USD.
It has a circulating suppy of 65,748,111,645 TRX.
About Tron (TRX): TRON is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology. The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription, and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem. TRON is one of the largest blockchain-based operating systems in the world. It has extremely high throughput. The high throughput is achieved by improving the TPS in TRON, which has surpassed Bitcoin and Ethereum, to a daily use practical degree. It’s very scalable. Applications are given a wider variety of ways to be deployed in TRON because of its scalability and highly effective smart contract. It can support enormous numbers of users. It’s highly reliable. Its reliable network structure, user asset, intrinsic value and a higher degree of decentralization consensus come with an improved rewards distribution mechanism. Tron was founded in September 2017 by a Singapore based non-profit organization called the Tron Foundation. It is headed by CEO Justin Sun, and has a dedicated in-house development team that includes renowned technology stalwarts.
Tron (TRX) can be bought with fiat dollars, debit and credit cards on cryptocurrency exchanges such as Changelly.com and it can be bought with cryptocurrency on exchanges such as CoinEx, Binance, and HitBTC.