Bullish in the medium term places TRX coin at 1 USD

  • Justin Sun, CEO of the Tron Foundation, tweeted and mentioned a new update on Tron (TRX).
  • The bullish medium term puts the coin at $ 1.

A large part of the crypto sector is based on the assessments and forecasts of investors. In line with this trend, Tron (TRX) has recently gained tremendous momentum following oral intervention from Tron Foundation’s founder and CEO Justin Sun. Justin’s tweet reads: “Something big and amazing is about #TRON and #BitTorrent. I will share with you after June 1st. I think I have 70% win and nail it. Fingers crossed! $ TRX $ BTT. “After that tweet, Tron’s market burned. The demand for the coin also increased sharply. This surge has resulted in the coin reaching nearly 80% of its previous value in just one day. We forecast an optimistic short-term and medium-term outlook for Tron (TRX). By the end of 2019, the value of each coin should be $ 1. We should now look at the current numbers of this coin.

TRX price statistics

Tron diagram

  • Tron (TRX) is the tenth largest coin in the global crypto market.
  • The ROI (Return on Investment) is 1642.13%.
  • A total of 66,682,072,191 TRX coins are in circulation.
  • Market capitalization as of May 28 at 02:48 UTC is $ 2,380,084,866.
  • The value of each coin is 0.03605941 USD and 0.00000406 BTC.
  • The 24-hour volume is $ 1,638,251,872.

TRX price comparison

Tron’s starting value was the lowest when it traded at $ 0.019. Tron has shown many sharp fluctuations in price so far. There was tremendous growth on March 26th, with the coin gaining 35.26% in just 13 days. The market cap and value of each coin on April 28th were $ 1,586,734,916 and $ 0.02405492, respectively. The current market capitalization and the value of each Tron coin are 49.99% and 49.90% respectively above last month’s figures.

Tron Price Prediction

As mentioned earlier, Tron’s future is optimistic. The next resistance point will be at $ 0.05 and $ 0.1. As per TRX prediction and analysis, the coin is expected to hit as low as $ 1 by the end of 2019. There will be many instances of sharp ups and downs in the price projection of the coin.


In this lower price range, it is recommended to buy fresh coins. Short term investors should be aware of the resistance points.

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