FREE BITCOIN

Gamble as you want,

your wife will never find out!

First p2p bitcoin betting platform!

Guess Bitcoin’s trend and win!

Clever enough to guess

Bitcoin price?

How much price growth should we expect from Tron (TRX) in 2018 - Global Coin Report
Connect with us

Blogs

How much price growth should we expect from Tron (TRX) in 2018

Published

on

Tron TRX 2018
READ LATER - DOWNLOAD THIS POST AS PDF

Tron is creating a buzz and widespread attention in the cryptocurrency world, no doubt about that. The virtual currency is steadily increasing in value with each day that passes. Launched in 2017, Tron (TRX) is a platform that aims to use blockchain technology in building and storing free content entertainment applications allowing you to effect smart contracts established on its blockchain.

Tron (TRX) has experienced substantial price instability in the past, including the growth of more than 3,500% in the space of one month. One of the main advantages of Tron’s platform is that it makes it easier for users to publish their content as well as data freely nurturing the growth of the media and entertainment industry.

Tron has many applications associated with it. Apart from being a universal free content entertainment network, Tron is also an investment asset, as it has a crypto coin, Tronix (TRX). Many cryptocurrency enthusiasts are trying to figure out whether the digital currency is a viable investment or not.

Tron (TRX) 2018 Price Prediction

Virtual currencies are known for their price uncertainty, with prices capable of either substantial fluctuations or appreciation in a short duration of time.

Cryptocurrencies are quite complicated, with several factors determining their appreciation or decline in prices. Being one of the most promising and rising cryptocurrency, Tron (TRX) has a bright future and potential for huge benefits for long-term investments.

Ranked 9th on CoinMarketCap; more and more investors and developers are either showing interest in or are using the platform resulting in the appreciation of the digital coin. Currently, Tron is trading at the $0.064 per token, and according to analysts, in the next three to five years, the altcoin is expected to trade at $1 and above.

Many of the major investors and traders in the market are pondering why the digital coin is continuously remaining on the Red trajectory even after its much-hyped Mainnet launch that’s just about to happen after a couple of days now (on May 31st). But cryptocurrency experts, on the other hand, are expressing ‘firm’ hope that the virtual currency’s price will go up in coming days and override the previous low prices with a new all-time high. It is predicted that its market cap, which stands at $4,217,274,550, might go up to around US$37 billion in the course of the year.

Apart from gaining support for its Main Net upgrade in mass already, Tron (TRX) has also secured solid partnerships with a number of companies who are in the content entertainment industry. Some of the notable names TRX has partnered with include Bitmain, oBike, UPLive, and Game.com.

And of course, its recent partnership with vSport (for building a healthier soccer and sports ecosystem, just ahead of FIFA World Cup 2018) is worth noting, too. These partnerships could help Tron drive its popularity and investor confidence that might lead the growth of the platform, and potentially lead to future collaborations with other corporates.

The localized platform is making strides in ensuring it becomes as easy as possible for content developers to publish their content without any restrictions. By doing so, TRX is providing massive flexibility to applications on its platform which might, in turn, increases usability.

As the platforms applications increases, usability also increases. And as the usability increases, the worth of the token increases further, giving good returns on the virtual currency. This is why Tron (TRX) is enormously promising in the virtual currency ecosystem.

Its founder, a young entrepreneur with ‘champion head’ on him, Justin Sun sees Tron (TRX) shaking up the Internet, and as things stand right now, it all seems to point out towards bright future of Tron (TRX).

And yes, the right connections that Mr. Sun possesses (he’s very close to Jack Ma, Alibaba‘s founder, for example) will help him send Tron to the moon.

Finally, Tron’s Main Net launch will bring in colossal adoption (potentially), so that’s yet another factor that could take Tron (TRX) to the stars if not to the moon. Even if not $1, we can expect the coin to reach its all-time high as the year ends. Consequently, everything remains ‘prediction’ as of now, only the time will tell (but again, hopes and analysis all are positive about Tron as of now)!

For the latest cryptocurrency news, join our Telegram!

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.

Image courtesy of Pxhere.com

Blogs

The Crypto Space Once Again Divided Over Bitcoin SV

Published

on

Bitcoin SV
READ LATER - DOWNLOAD THIS POST AS PDF

The crypto community is a strong one, one that managed to bring digital currencies from nothing to an industry worth hundreds of billions of dollars. However, while its strength in this regard is undeniable, the crypto community can be just as fragile given the appropriate conditions. With that in mind, the conditions seem to have been set for a new divide, although the cause is once again the same — Dr. Craig Wright and his Bitcoin SV (BSV).

Craig Wright vs. the (crypto) world

Dr. Craig Wright, the chief scientist at nChain, and the creator of Bitcoin SV. has been a well-known and very controversial figure in the crypto industry. Wright was suspected of being Bitcoin’s creator several years ago, which is possible because no one knows who is behind the name ‘Satoshi Nakamoto.’

Wright was believed to be him, and one theory claimed that he and his friend were responsible for giving life to BTC. However, the theory quickly died out, but not before Wright seemingly liked the idea of assuming the mantle of Nakamoto. He himself started claiming to be Bitcoin’s mysterious creator ever since.

Of course, he managed to gather up some followers, but the majority of the crypto community — while confused — did not believe him. Luckily, there is no need for trust, and Wright should easily be able to prove that he…

Continue Reading

Blogs

Are XRP and Ripple Going to Be Worth Anything by the End of 2019?

Published

on

Ripple
READ LATER - DOWNLOAD THIS POST AS PDF

One surprise recently was when XRP took over Ethereum’s long-held second place in the Market Cap leaderboards. It quickly went back to its traditional and respectable third place behind Ethereum, but it could be a sign of things to come.

XRP has a lot of clout in the market because of the platform it is based on, which is Ripple. A coin that is used for a very specific purpose and with a long term goal in mind is always going to fare better than others. Litecoin, Bitcoin Cash and others have come about because of disagreements in Bitcoin. Therefore they offer nothing except an alternative to Bitcoin as a pure cryptocurrency, while Ripple (and XRP along with it) has something tangible behind it.

Big Banks Back Ripple

Ripple was created in 2012 for a specific reason. It aimed to become a faster and more efficient method to transfer value between banks and countries. This value can be almost anything from currencies to other instruments. While initially, banks were cautious about investing in the company, recently they have been lining up. The crypto winter has helped with innovation int he industry and Ripple has benefitted immensely for it.

The various payment solutions based on Ripple such as xRapid and xCurrent are seeing a large uptake, and this is having an amazing effect on XRP as a whole.…

Continue Reading

Blogs

Bitcoin, Litecoin, Ethereum, and Ripple On the Rise

Published

on

Bitcoin
READ LATER - DOWNLOAD THIS POST AS PDF

The recent development in the cryptocurrency industry is a rise in price for many of the core digital coins. We believe that the unexpected price hike is due to the renewed interest of the key players in the industry. Many investors, speculators, and traders are rushing into the number one cryptocurrency; Bitcoin like never before. Other altcoins such as Ethereum, Ripple, and Litecoin are not dormant either. The effect of the influx is the soaring prices of the digital coins within seven days.

The price of the crypto leading giant-Bitcoin has increased at 25.74 percent in one week. Ethereum also gained 18.76 percent increase in its price. Litecoin and Ripple also recorded some percentage increase in the tune of 53.20 percent and 16.12 percent respectively. It is no just these few popular coins that have gained in one week. From what we have gathered, 94 digital coins amongst the leading 100 cryptocurrencies are also experiencing the rise in price. This information is according to what TradingView published in April 2019.

According to them also, other cryptocurrencies gained in value while others declined. From their calculations, six digital currencies advanced while ninety-four was on the decline. Also, another information shows that the increase in Bitcoin price has reduced the value of other assets such as bonds and stocks.

The possible reason for the rally

Many people are wondering…

Continue Reading

Elite