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TRON (TRX) Expectations for 2019

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Even though it was not in the top 10 largest coins for the most part of 2018, TRON (TRX) was undoubtedly one of the most productive coins of the past year. It has already made a name for itself in the crypto community, and it achieved so much in 2018 that it is impossible to list and explain all of its achievements properly.

Indeed, TRX supporters are highly optimistic regarding this coin. Despite all the difficulties that cryptos had to go through in the previous year, the crypto community remains convinced that cryptocurrencies will eventually bounce back, no matter how long it takes. There may be significant changes in the structure of the market when this occurs, that much is not being questioned.

A lot of coins that are currently still active will likely disappear in the process, especially if they are weak projects with no proper support or plans for the future. However, there is a lot of people who firmly believe that TRON will not be among them and that this coin has excellent chances of being one of the most dominant cryptos in the future. The evidence certainly indicates that this way of thinking may be correct and that TRX has a lot of potentials to become one of the top coins of the third generation of cryptos.

TRON events and performance in 2018

Similarly to every other cryptocurrency out there, TRON has experienced significant losses in January 2018, after the market crash which eventually ended up taking away as much as 90% of most coins’ value. Not a single crypto has recovered from the event to this very day, and it will likely not happen for a long time to come.

However, while its value may be low, TRON has made a lot of progress regarding pretty much everything else. There was a time when the coin was announcing new partnerships, listings, and similar types of support pretty much on a daily basis. Even now, its creator, Justin Sun, regularly posts updates regarding new listings, projects, events, and development details regarding the TRON ecosystem.

In 2018, TRON also managed to launch its TestNet, followed by MainNet, a token swap, several token burns, the election of Representatives, and finally — the purchase of BitTorrent, which led to its Project Atlas. Of course, this did not all come at once, and it actually took months of preparation, planning, and negotiating for everything to happen the way it did. However, this still doesn’t make it any less impressive.

After its MainNet launch, TRON also started seeing a lot of development on its new blockchain, especially when it comes to dApps. While there are many projects that are dedicated to dApp creation — such as Ethereum, which started it all, EOS, NEO, and others — TRON appears to have something that other projects lack, something that makes its dApps much more successful.

It is because of this special ingredient that TRON dApp usage led to the coin breaking records in regards to daily transaction volumes. It still has only a few finished dApps, although many others are being created right now, and most of them will likely be completed at some point in 2019. Meanwhile, TRON’s goals have not changed, and it still aims to revolutionize the entertainment industry and decentralize the web, with Project Atlas being its first big step on the road to achieve this.

What to expect from TRON in 2019?

Due to the crypto-unfriendliness of 2018, not a lot of people in the crypto community were sorry to see this year end. So far, 2019 is mostly viewed as the year of opportunities and untapped potential. The crypto market is not in great shape at the moment, especially when compared to the situation it was in late December 2017 and early January 2018.

However, while many have started rethinking their involvement with crypto, there are also those who firmly believe that things will get better. In TRON’s case, the coin has had losses in 2018, as mentioned, and that much is true. However, it also used the year to set strong foundations and make preparations for a large takeoff, which might take it to the stars when proper conditions are met.

The project’s current efforts mostly focus on developing its platform, building different projects (including Atlas), improving its DEX, and more. A lot of people see Project Atlas as TRON’s biggest announcement of 2018, as well as the most important thing that coin’s developers are currently working on.

As mentioned, it includes BitTorrent, which is the biggest reason why developers obtained it back in June 2018. The plan is to use BitTorrent’s network to improve TRON’s own reach, but also to help a lot of new crypto users enter the space by providing rewards for seeding content. While not a lot of people are expected to actually interact in TRX via BitTorrent, it will still reveal the possibilities of doing so to many.

It appears that TRON’s moves mostly focus around building a community, expanding it, bettering it, and providing it ways to survive through rewards and similar forms of incentive. In addition, BitTorrent already started accepting payments in crypto, including TRX itself, BTC, and BNB. Not only that but it also just launched its own native, TRON-based token— BitTorrent (BTT).

The coin can be used for improving the speed of downloads and the entire network, in general, which is yet another way in which TRON plans to tokenize content sharing in its ecosystem. Considering the fact that BitTorrent supposedly has around 100 million users, many see cooperation with BitTorrent (and the entire Project Atlas) as the best decision TRON has made to this day.

For now, TRON is expected to continue development of its platform and its larger projects, with smaller ones also being expected from time to time. However, there is never much certainty when it comes to TRX, and a new big announcement might be just around the corner at any time.

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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.

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Altcoins

3 Altcoins That Are Outperforming Bitcoin and Will Likely Face Consequences

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The crypto market is going through a period of massive recovery in the past few months, which has caused the investors’ optimism to return. While all eyes are on Bitcoin (BTC), as usual, the largest coin seems to be struggling with a major resistance level at $8,000 at the moment. While this level was breached a few times now, every breach resulted in a correction.

At the time of writing, BTC is approaching this level yet again, with its current price being at $7,985,79, and rising further. The price managed to grow by 1.06% in the last 24 hours, and will undoubtedly hit $8,000 in a matter of hours, if not sooner.

However, while Bitcoin continues to remain volatile and struggles with waves of growth and decline, there are some altcoins that are not following its path. Of course, most of them are performing in pretty much the same manner as BTC, as they always had. But, a few coins have actually managed to outperform Bitcoin in recent months.

While optimists believe that this might lead to decoupling from Bitcoin — something that only Binance Coin (BNB) managed to pull off up to this point — it is likely that there will be consequences for these cryptos. This likely means that a price drop for these specific coins awaits somewhere in the near future, as outperforming BTC…

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Why Binance May Be Crucial for Tron (Trx) to Reach $1

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TRON (TRX) has been one of the most popular crypto projects in the past year. The coin has received a lot of attention from the entire crypto community, and although the impressions may differ —  the fact is that TRX is one of the most talked-about coins, even today.

However, while the project managed to achieve a lot in less than a year — launch its MainNet, start multiple massive projects, launch dozens of dApps, hundreds of smart contracts, its own DEX, new token, and more — its price remains quite low. Undoubtedly, one of the reasons for this is its massive supply. TRX circulating supply is over 66 billion coins, while the total supply is over 99 billion.

Even so, the coin is believed to be massively undervalued, with its current price sitting at $0.028129, according to TradingView. This price, together with a market cap of $1.88 billion, pushed the coin out of the list of top 10 largest cryptocurrencies, and it currently sits at 11th spot. But, many believe that this is not a permanent position for TRON. In fact, its community believes that it is only a matter of time before TRON rises through the ranks, and its price hits $1. And, the way for the coin to achieve this is believed to be through Binance.

TRON and Binance

Binance is one of the world’s…

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Why Tron (TRX) Price Won’t Remain Low for Long

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TRON (TRX) has been one of the most popular cryptocurrencies in recent years. The project has achieved a tremendous amount of success in less than a year, and while the first birthday of its MainNet is approaching, TRON certainly continues to impress to this day.

With that said, its price is still noticeably low, and many would agree that the project is heavily undervalued. The low price even allowed other projects to push it out of the top 10 list, with TRX currently being the 11th largest cryptocurrency by market cap. However, it is likely that TRON will not remain undervalued forever, and that its price might soon see a surge that its entire community has been waiting for, for a long time now.

Why TRX might see growth soon

As many undoubtedly know, TRON is a lot more than just a cryptocurrency. It has developed a massive ecosystem, which offers a development platform for coins, smart contracts, and dApps. It also acquired BitTorrent last year for its Project Atlas, which will allow torrent users to earn crypto through participation in content sharing.

For this purpose, it also launched BitTorrent (BTT) token, which saw its launch on January 28, 2019 on Binance Launchpad. This was dubbed the most successful ICO in history at the time, although several coins launched since then have broken its record.

In addition,…

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