TRON (TRX) is a decentralized blockchain protocol designed to create international / worldwide entertainment completely free of charge. This technology allows users to freely upload, send, publish and publish data in a decentralized autonomous form.
If the TRON network is successful, the internet will be a place with a proper owner of the content made available to the actual creators and all that is free. There are a lot of projects and news coming up and one person can watch the video here. Hence, TRON (TRX) is expected to be huge, but not overnight. In addition, TRON saw promising growth in value in the first few weeks. As soon as it is decentralized, TRONIX Network is provided and used by everyone.
As of January 15, 2018, the TRON price is $ 0.0692. If you buy TRON for $ 100 today, you will get a total of 1,444,398 TRX. Over an investment horizon of 5 years, if properly provided, sales of around + 4540.68% are expected. Therefore, the investor’s current investment of $ 100 may increase to $ 4640.68 in 2022.
TRX / USD price charts
TRX Short term price forecast
Source: walletinvestor.com
TRX long-term price forecast
Source: walletinvestor.com
TRON future prospects
TRX is one of the fastest growing and rising cryptocurrencies. TRON has very high potential and the ability to grow in the current market. TRX was ranked somewhere 56th on the basis of almost a couple of weeks, which is now number 17 on the CoinMarketCap website. This growth reflects that the future of TRX is very promising and has very good potential for huge benefits for long-term investments.
Why is TRON growing?
News of potentially large partnerships like those with NASDAQ-listed companies had a huge impact on the price. At the end of last month, Tron announced that it had signed a new deal with Singapore-based bike sharing company oBike, which has 10 million members in Asia, Europe and Australia.
According to the deal, oBike is expected to launch its own token based on Tron called oCoins so that users can pay for rides. Drivers can also earn oCoins the more they drive, as well as purchase content on the Tron platform. Additionally, there are rumors that Chinese giant Alibaba could partner with Tron because of the ties between Tron’s Justin Sun and Alibaba’s founder Jack Ma.
TRX / USD forecasts
Like Ripple, Stellar, and other currencies that have risen alarmingly recently, Tron’s success will depend on whether they can work well together. Analysts have predicted that Altcoins and Tron’s partnership surge could hit $ 1 by the end of the month and as high as $ 3 by mid-year.
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