Tron (TRX) has gained much public attention in the past three months. By August 2018, TRX had initiated its Mainnet, finished it token swap, embarked on its super representative package, and bought the famous internet site BitTorrent.
Indeed, Justin Sun (Tron’s CEO) is one of the most active bosses in the crypto space and seems to drive his vision for the TRX token to be the cryptocurrency of the decentralized world. Now, the question of importance to TRX enthusiasts and investors is; how will all these accomplishments drive TRX’s value?
The Major Determinants of TRX’s Value
For us to precisely forecast the value of TRX for the next three months and beyond, we need to consider a few aspects first. The first aspect is the coin’s circulation. Tron ICO could be approximately $0.0019, an extensive value from where it is today, although a much longer way down from the coin’s all-time high of about 30 cents.
Still, to the initial stakeholders, TRX has realized a profitable advantage and I guess many have actioned their initial investments, making profits while they were still to be realized.
Why is the Price of TRX Unstable and Against Any Odds of Improvement?
The answer to the above question is quite simple. Tron is yet to launch their big project in Asia. Sun as already formed a great team comprising of developers to invent an immense blockchain platform and cryptocurrency for the entertainment and gaming industry.
What TRX is preparing is unique and totally innovative and ground-breaking. The invention is thought to rival the US tech giants like Facebook, Apple, and Google, thus the FUD is enormous.
If TRX implements all its projects and re-gains the trust of investors, then the coin can easily hit the projected $1 by the end of 2018.