The price of Tron (TRX) is consistently rising and the experts believe it is coin worth investing in. Let us look at the different aspects of Tron (TRX):
Tron (TRX) provides a platform for the developers to evolve what is known as dApps OR decentralized apps. Tron’s launch of ‘Manniet’ has provided it with a lot of attention. The founder and CEO of Tron (TRX), Justin Sun said that it plans to develop 80 dApps soon.
(TRX) TRON PRICE PREDICTION
Tron (TRX) is presently trading at $0.025, with Market Cap of $1,680,498,776 and volume being $434,727,129. Tron (TRX) is expected to rise to the $1 mark in the next 5 years hence it is a good investment option. The prediction results from the fact that the coin’s usage is increasing significantly.
The coin provides a medium to publish easily without any complications which makes it quite popular and hence the coin is used by investors and traders in large and this increase in usage is leading to a consistent increase in its price. Moreover, the coin is quite versatile and has a high usage which makes it a coin worth investing. Looking to invest in cryptocurrency? It is a coin that you should be looking forward to investing in.
The resistance level of Tron (TRX) is low which suggest that it is expected to climb rather than fall in the near future. Tron (TRX) has surpassed the 38% resistance level provided to it and is further passing the 50% resistance level. Tron (TRX) is expected to cross even 61% and 68% resistance levels, thus clearly showing an upward trend.
Tron (TRX) recently achieved a milestone; it crossed 100 million transactions in 173 days. This news was shared by the CEO and founder of Tron (TRX) Justin Sun on Twitter.
THE TRON CONTROVERSY
Tron (TRX) recently launched its first ever technical device “Test Net” along with complete nodes, network functions, transactions, and customizable modules. The test net has already expanded to 3 countries and the launch of Test Net has shown the crypto world the strength of Tron (TRX). The controversy was raised regarding the functioning of the nodes and network functions.
Tron (TRX) is also planning to separate from ERC20, that is, Ethereum platform and hence it will no longer be a part of ERC20. Thus Tron (TRX) IS trying to create its own decentralized chain soon.