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Tron (TRX) price surges amid first US TRX/USD pair and other news

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TRON (TRX) is one of those coins that continues to surprise us with incredible news every day that involve the most cutting-edge developments and the most significant partnerships in the industry.

Despite the recent bearish conditions of the market TRON has managed to maintain a great flow of transactions on its network, and a close relationship with the community, that even being concerned about the decreasing prices has shown nothing but support to the coin and its projects.

But have you ever wondered how TRON makes this happen? Simple. Justin Sun, the CEO of the company, has built the closest relationship with his community, and he shares every single one of the steps that the company is making with the intention of achieving its vision of ‘decentralizing the internet.’

As a matter of fact, the last days have been pretty much exciting for the company concerning partnerships and announcement, and as it seems, regarding price as well, as the token has managed to recover the green and has started to grow one more time. Let’s discover all of the details behind the latest alliances of Sun, and the price of the coin!

TRON’s price analysis

TRON (TRX) started September with almost 90 percent less value than the month of August, and that was only before it hit the mark of the 0.0094 dollars.

However, things are definitely looking better for the coin as just in the last 24 hours, TRX has increased 8.6%, having a value at the moment of writing of $0.01960, a price that is actually close to the $0.0266 that the coin had at the beginning of the month.

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In this sense, we can all expect the company might continue to rise with the price as it is going to be injected liquidity with the TRX/USD pair. With relation to this, Sun published on his Twitter account a message that read:

As stated in the tweet above, it was known that Bittrex would launch the trading pair on September 17th along with the same pair for the Litecoin token.

More announcements in a row

As it is usual for Sun, he has shared several announcements with the community in the last days. Among them, he announced the completion of the mainnet swap by Coinhood, he tweeted:

The same way he announced later the partnership with SatoWallet:

Milestones collected by Sun

Recently Justin Sun announced a partnership with Intergalactic Gaming (IG), an online game that will make use of the TRON network to create a token for rewarding its users.

In this sense, the game platform has just announced as well that it will be joining forces with the Fourth Esports Organization for joining IGGalaxy, the company stated:

“another non-endemic organization to the Tron blockchain adopts the IG tokenized esports ecosystem”, this is a great step towards a solid partner relationship and “we will support our new partner’s integration into our ecosystem as well as the Tron Network”

Furthermore, Justin Sun reached 1 million followers on Facebook a few days ago, and the platform continues to increase with the creation of new accounts every day. So the way to go TRON, we support you.

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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 Priscilla Du Preez on Unsplash

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Ripple XRP Mega Breakout: What’s Next?

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The Ripple XRP mega breakout that we were calling for happened and happened much quicker than anyone expected. As we said yesterday:

Nonetheless, IF, Ripple is capable of going ‘topside’ of the .38 figure at any point in the days/weeks ahead, such development, should it occur, would likely trigger its next advance into the .42 – .47 zone, representing a 30-40% move from present levels. On the flip-side, the .25 – .26 area should offer short-term potential support.

XRP is now sitting at .51704  as we write this article this morning, representing gains of 61% since we alerted our readers and our Global Elite email newsletter members.

Ripple XRP Mega Breakout

The Ripple XRP mega breakout is significant because it’s the first time XRP has been above its 50-day moving average since May. Right now, the RSI is approaching 80, so we are in overbought territory and we expect the price to consolidate around the .42 to .47 level before resuming its uptrend.

While some are looking at this as an opportunity to short XRP, we are not of that camp. While some can book some profits and use a trailing stop, any integration of XRP with xRapid has the ability to create a tremendous move in XRP. As Travis Kling said this week on the Off the Chain podcast with Anthony Pompliano, XRP could be the quickest five-bagger investors…

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Where will Tron (TRX) be when we land in the same month next year?

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The volatility of the crypto market has made it quite difficult to predict the outcome of what prices will become. To predict the prices of cryptocurrencies, various factors and characteristics are used to forecast whether a cryptocurrency will come up with a bull run.

The price of altcoins is significantly affected by the rise and fall in the Bitcoin price. In other words, if there is an increase in the price of BTC on a given day, there will be a high tendency for other altcoins to follow the same trend.

Concerning Tron, the market activity of Bitcoin has also affected the price of TRX lately. If that is the case, what will be the price of TRX before the year runs out and even next year? Well, we will be using various factors to predict the price of TRX in a year time or so (after seeing the recent market pickup).

The expected value of Tron TRX in a year or so now?

On a positive note, Tron has released lots of projects to aid and benefit its users worldwide, ever since the launch of its MainNet. Even recently, the blockchain announced another mega project known as Project Atlas. Despite the start of these projects, there hasn’t been a significant change in its price until recently. It is essential to know that even when these projects were getting launched, its price kept depreciating.

There aren’t any upcoming projects on…

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Litecoin Cash (LCC): The potential mover?

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Litecoin underwent a hard fork in the past, and that is what led to the creation of Litecoin Cash. Bitcoin has also experienced a hard fork, which has led to the creation of Bitcoin Cash, so this trend is not necessarily brand new.

Forks have occurred pretty often now in the cryptocurrency community, and the perception is that it probably will continue to, as long as the need (forks are often created to overcome issues faced by the originals) remains there.

While the market has been bearish for most of the year, it has been showing some definite signs of life, especially when we look at the kind of price action that has been happening with Ripple recently. Litecoin is also rising in anticipating of its hard fork, which is to be expected.

For those who are unaware, Litecoin Cash was created earlier this year. 10 Litecoin Cash was given to every investor who had 1 Litecoin – and that one move, it’s easy to see, was very massive concerning value.

Charlie Lee, the founder of Litecoin, has come out against LiteCoin Cash, calling it a scam. Many cryptocurrency influencers have come out against Litecoin cash, although there are still others that believe that this is only because the project threatens them.

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