TRON (TRX) is a decentralized blockchain protocol, which is formed to create an international/worldwide entertainment for completely free. Through this tech, the users will be allowed to upload, send, store publish, own data freely in decentralized autonomous form.
If the TRON network succeeds, then the internet would be a place with proper owner ship of the content being given to the actual creators, and all that be free. There are many projects and news lined up and a person can watch the video over here. Therefore it is expected that TRON (TRX) will be huge but not overnight. Moreover, TRON has shown promising rise in the value within its first few weeks and once it gets the decentralized, TRONIX Network will be deployed, and used by everyone.
As on 15th January, 2018, TRON price is equal to 0.0692 USD. Therefore, if you buy TRON for 100 dollars today, you will get a total of 1444.398 TRX. During a 5-year investment horizon, the revenue is expected to be around +4540.68% if deployed properly. Therefore, the investor’s current $100 investment may go up to $4640.68 in 2022.
TRX/USD Price Charts
TRX Short-Term Price Forecast
TRX Long-Term Price Forecast
TRON Future Prospects
TRX is one of the most surging and rising cryptocurrency. TRON has very high potential and ability to grow in the present market. TRX, on the base of almost a couple of weeks, was ranked somewhere at 56th rank, which is now ranking stands at 17th rank on CoinMarketCap website. This growth reflects that the future of TRX is very bright and has very good potential for huge benefit for long term investments.
Why TRON is growing?
The news of potentially big partnerships like with NASDAQ listed companies had a huge effect on the price. Late last month, Tron had announced that it had signed a new deal with Singapore bike-sharing company oBike, that has 10 million members across Asia, Europe and Australia.
As per the deal, oBike is expected to launch its own token based on Tron called oCoins for users to pay for rides. The riders can also earn oCoins the more they ride, as well as also to buy content on the Tron platform. Moreover, there are rumours that Chinese giant Alibaba could partner with Tron due to the connections between Tron’s Justin Sun and Alibaba founder Jack Ma.
Like Ripple, Stellar and other currencies that have increased alarmingly recently, Tron’s success will depend upon well they can partner. Analysts have predicted that the rise of altcoins and Tron’s partnership could hit US$1 by the end of the month, and even US$3 by the middle of the year.