What is Tron?
Tron is the blockchain project that based on fully decentralized web and its infrastructure. Tron runs on its own Blockchain technology and operating system introduced in 2017 and launched by Justin Sun (one of famous personality in Blockchain industry). Tron network is public i.e. highly scalable, hight availability and higher throughput for Decentralized Application and it handle almost 2000 TPS with zero downtime.
In 2018, Tron officially acquired BitTorrent i.e. one most of popular download manager i.e. also based on decentralized fire sharing protocol. Later Tron also acquired Stemmit i.e. blockchain based content creation platform using its technology they launched Hive Blockchain i.e. nothing but hard fork of Stemmit. Recently Tron enter into DeFi network by launching JUST Blockchain that offers Decentralized Finance for users. So, Tron is stacked with huge Blockchain project and 3 of them already worth in million USD.
Tron currently having headquarter in China and United States each of them has more 100 Team members. Justin Sun appointed Jackson Sun as CEO and leading of Tron ecosystem, recently he announced addition of new ex-employee of Alibaba company. The most of major announcement of project will be done by Justin Sun twitter handler followed by million of users.
Tron Price Prediction
|Month & Year||TRX Price Prediction|
|Based on||Decentralized Internet|
|All-time high||$0.300363 USD|
|Exchange Platform||Binance, OKEx, Huobi Global, HitBTC, Bitrue, Digifinex, binance JEX, BKEX, BitZ, Lbank, CoinBene, Poloniex, Bithumb, Upbit, CoinEx, Hoo, Kucoin|
TRX ICO Overview
|Raised by||$70,000,000 USD|
|Date of ICO||1 September 2017|
|Partners||Metal Pay, Chinese Netflix, Samsung, Biscuit, Tether, ONErpm, Zelaapay, Gifto, Nexo, BitGuild, Cred, Steemit.|
Tron Technical Overview
Tron is 3-layer infrastructure with include Core Layer, Storage Layer and application layer. Tron uses Delegated Proof of Stake DPoS consensus mechanism it supports DApp developer and other blockchain project with Smart contract and other advanced languages with the help of Tron Protocol. Tron also provide support for decentralized exchange functions to trade with multiple token pair. It also includes their own token TRC-10 based blockchain project.
Tron Price Analysis
Tron will complete 3 years next month in September 2020. TRX is one of the most popular cryptocurrencies from its initial days with overall ROI of around 900%. It simply means if you have invested $10 USD in September 2017 then you could have $90 USD in your account. This ROI is a absolutely worth for investments in cryptocurrency market.
Let’s analyze price of Tron from 2017 till date. Almost all cryptocurrency’s prices are directly or indirectly dependent on Bitcoin. TRX is also not an exception for this case. It has shown similar bullish and bearish runs like bitcoin in many intervals. But only bitcoin’s price is not the parameter on which Tron price depends, there are other factors like partnership with Big Tech Giants, popularity of coin and sudden market trends.
Value of 1 TRX at the time of ICO days was around $0.0015 USD later in just 4 months in January 2018(Golden period for crypto market as of now) it rose to $0.3 USD. If we calculate ROI for that period, then it would be around 20,000%. Talking about all time low, then it lies in Tron ICO days during September 2017 and it was around $0.0010 USD. Everyone in crypto market is looking forward for year 2021 and hoping that next year there will be bullish run shown by many cryptocurrencies including TRON.
Can Tron Reach $1 USD?
yes, Probably in 2024 year
How much Tron Worth in 2025?
most probably reaching $1.5 USD mark.
How much TRX Worth in 10 years?
expected to Reach $5 USD mark. if bullish trend then $10 USD also possible.
is Tron Crypto a Good Investment?
yes, if you looking for long term investment then Tron will be better option.
If you are investing since beginning of 2018 or knows about cryptocurrency in evolution stage then you surely heard of about Tron. Tron was one of the most popular Blockchain projects built on top of Ethereum Blockchain with ERC-20 Token. Later in 2018 Tron launched its own Blockchain with major upgrade in mainnet and become of the biggest competitor of Ethereum. The Tron is responsible for bring decentralized infrastructure for change in internet or web. However, Tron in early 2018 knows about how keeping attracting user with partnership formula, where they almost surged by over 4000% in few months of time. Now, 2019 was the worst year for Tron but still manages to launch new project and some Tron Token based Blockchain project.
Ranking continue to fall down and it replace by many new projects like Chainlink, Stellar and Tezos. However, Tron still holding spot in top 20 crypto project sorted by market cap volume. Tron always had plans to be in trending list of crypto market that may bring another bullish in Tron run.