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

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Tron TRX 2018
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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)!

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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.

Image courtesy of Pxhere.com

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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