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Tron (TRX) could reach $3.50 before the year closes and $10 when 2019 ends

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Tron TRX
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Tron (TRX) is one of the best-performing cryptocurrency in the market today. The main aim of the digital asset is to take over the entertainment industry. However, Tron has created lots of other projects too to benefit its community and its network.

The digital asset has lots of potentials to grow in the future, but what will be its price forecast before the end of this year and similarly when the next year comes to an end? Let’s find out.

Tron (TRX) Current Price Analysis

At the time of writing, the price of TRX is $0.0219 with a market capitalization of $1,445,768,798. On its mid-term outlook, TRX is ranging, and it is at the supply zone of $0.02800, $0.02900, and $0.03000. It is important to know that that the bull trend that occurred on 27th Sept at $0.02084 was only able to move the price of TRX to $0.02312 before the bearish trend returned.

The bearish trend pushed the price of TRX slightly back to $0.0210 before a slight increase by 0.1% took place in the last 24 hours as a further downward trend was declined.

TRX is consolidating, and it is trading between $0.02349 and $0.02049. However, a breakout may occur at the higher supply trading zone at $0.02349.

TRX Price forecast for 2018

As mentioned in the beginning, TRX is one of the growing coins in the market today, and it has the ability to surge even further. Despite the price of TRX is below $1, lots of crypto-experts have forecasted that the Tron (TRX) value will rise to $3.50 before 2018 closes. The predictions further say that the price of TRX might go above $10 by next year.

Tron (TRX) Progress So far

At the end of last month, Sun updated the Tron community on the happenings of Tron’s network. The CEO stated that Tron had surpassed the 400,000 network account – exceeding that of Ethereum’s and EOS. Tron’s statement also pointed out the number of daily transactions that occur on Tron’s protocol is now more than 440K.

Sun further talked on the Super Representatives (SR) scheme by Tron’s network and that these SRs are ensuring smooth control in the company. He also stated that these SRs are guaranteeing the validation of Tron’s network.

On the other hand, Tron’s BitTorrent acquisition is now regarded as one of the ‘biggest’ feats the company has achieved this year. Sun hasn’t failed to talk on the developments BitTorrent has made so far. He even declared that the uTorrent has now been set to the Chinese language for a broader reach.

Concerning Tron’s partnerships, Sun stated that Tron has partnered with the Blockchain Charity Foundation. It is important also to know that Tron is a charity donor to the UNDP (United Nations Development Program).

Additionally, Tron has created a platform for Dapps developers: Project Atlas. Hence, Dapps developers will have the ability to develop and install their Dapps on Tron’s network. Tron also launched a project known as SeedGerminator, which is an accelerator for Dapps.

At the moment more Dapps developers are opting for Tron’s network. Tron is also a favorite as it is being adopted by lots of entertainment companies such as Twitter. As more Dapps developers and companies go for Tron, it is certain that TRX will respond well to the price predictions being made for it.

But yeah, Tron can’t surge alone, it will need the whole market to ride the bulls as we see off this year to be able to reach the predicted price. Again, that’s more likely to happen too, but as we all know is the case with crypto markets, we can’t be damn sure about any gains here.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Photo by Lachlan Gowen on Unsplash

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TRON Ecosystem New Addition — CryptoDungeons

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CryptoDungeons
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According to the recent Medium post published by TRON Arcade, a blockchain-based RPG called CryptoDungeons is to become the latest hit on the TRON blockchain.

The announcement was published on February 8th, and it states that the CryptoDungeons TRON game is still in development. However, the team is preparing to announce a presale soon, meaning that the official launch is not far away.

About CryptoDungeons

CryptoDungeons was originally developed to be a part of Ethereum’s network. However, the team has decided to bring it to TRON instead. Soon enough, the fans of the game will be able to experience its story, universe, and characters on TRON blockchain.

The game is centered around Heroes who can be bought and used for exploring dungeons, crafting various items, gathering food, and alike. The game also offers five races for players to choose from — Humans, Elves Dwarves, Orcs, and Angels. Additionally, there will also be four classes, including Warriors, Mages, Rogues, and Priests. Each class will have its own unique abilities, with the Warrior class being presented as an example. The abilities that this class features include Strike, Heavy Strike, Shield Wall, Shield Slam,…

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Positive Crypto Price Trend Moves VeChain (VET)

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VeChain
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As many are likely aware of, the previous twelve months were not particularly friendly to cryptocurrencies, and there were two major market crashes since January 2018. However, it could be that investors’ wishes are finally coming true, as the market is currently seeing actual gains. While there is still no certainty regarding this behavior, investors around the world are finding the current development to be quite refreshing.

One interesting development that was noticed these days is the increase of VeChain’s price, which is seeing minor gains at this time.

VeChain (VET) price grows

While most cryptocurrencies experienced some extreme ups and downs during their lifetime, VeChain is usually surprisingly unaffected by the market’s behavior. In fact, its price chart typically shows no major changes, and it seems pretty flat in comparison to other cryptocurrencies.

While this may be a good thing, as the lack of volatility means that the coin is more stable than most, the fact that the price is usually not affected makes the current gains that much more peculiar.

In the last 24 hours, VeChain’s price has grown by 2.16%, placing its value at $0.00401120 at the time of writing. The growth is minor, and the coin’s value only increased by a fraction of a cent, but this is still not typical behavior for this cryptocurrency, which attracted the attention of analysts and investors…

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Altcoins

SOLVE Token Could Be A Huge Long-Term Winner

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Solve.Care
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A lot of articles have been written about an altcoin apocalypse.  With so many tokens entering the market, it is inevitable that not all of them will survive.  When trying to analyze pick out the best projects, the following criteria should be used:

  • Very active community
  • Strong potential for mass adoption
  • Valuable partnerships
  • Experienced leadership

If a project scores well in at least three of the above criteria, it’s a winner.  When it scores well in all four, it has the potential to be a blockbuster.  That potential blockbuster is Solve.Care.

Background

Solve.Care has developed a revolutionary platform that will significantly improve care outcomes by reducing healthcare administrative costs.  The platform will also go a long way toward eliminating a lot of the problems commonly seen within healthcare administration such as duplication, waste, abuse, and fraud.  I firmly expect Solve.Care to generate cost savings by facilitating peer-to-peer transactions that grant authority to stakeholders while empowering payers regarding cost control and oversight.

SOLVE token completed its token sale last year in May.  The company sold 350,000,000 tokens and still has 650,000,000 in its treasury.  The great news is that the token has been recently listed on both Bittrex and KuCoin, two of the largest and most trustworthy exchanges in the world.  Given the recent incidents, especially the Cryptopia hack, being on a trustworthy exchange is of paramount…

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