Tron (TRX) Price Analysis: With The Bullish Trend Tron (TRX) Spike By 250%

Tron Trx traders have offered Tron Trx price predictions that you may find interesting. They didn’t just predict how high the price of Tron Trx will go by the end of April. They predicted how high it would be by the end of the year. ,

One trader said that the price of Tron Trx will spike by 250% even if Tron Trx is current stuck in the same channel since the beginning of the year. The sideways trend has prevented Tron from gaining fast against the USD but it is going to end soon.

Another user suggested that the current price of Tron Trx presents the perfect buying opportunity for traders who want to profit long-term. Also, there have been some speculations that Tron Trx will become a part of CoinPlay soon. When this happens, the price of Tron will start rising against the USD. It would finally break the stagnation.

Let’s not forget that Tron has been getting a lot of attention in the dApp space. It is now the choice network for gambling related apps. App developers who want to build gambling related dApps now prefer to build on Tron instead of Ethereum. The total number of gambling related dApps that are being created daily is increasing and the Tron blockchain is benefiting from it.

Tron Trx News Today – Tron Trx Price Prediction

TRON (TRX) Price Today – TRX / USD

Name Price24H (%)
Bitcoin (BTC)
$8,324.57
0.81%
TRON (TRX)
$0.016588
3.75%

When the Tron dApp weekly report revealed that the Tron blockchain had more activity that Ethereum and EOS for that week, the price of Tron was bullish amid a market correction. It recorded double digit gains at the time. Right now, the Tron Trx price prediction is no longer bullish short-term but this doesn’t mean that the price of Tron isn’t going to increase. The latest Tron price analysis reveals that the price of Tron will still go up even if there are no visible bullish signs on the chart.

Trx News Today – Tron Trx Price Analysis

If the Tron Trx price prediction comes to pass and the price of Tron increases by 250%, this means that each token would sell at $0.80. This is expected to happen before the end of the year.

While the Tron network is promising and there is a high chance that it will grow by 280%, the issue of over-regulation is still a challenge to the growth of Tron and the TRX token. Even if the SEC released guidance regarding cryptocurrency assets last month, it didn’t contain enough information to put the community at ease. Some people who are interested in Tron are waiting for the SEC to take a firm stance and decide how they intend to regulate tokens whether they are securities or not.

Tron Trx News Today – 560,000 Hotels Now Accepting TRX

According to the latest Tron TRX News on UToday; over the weekend, Tron has achieved another milestone climbing up its ‘career ladder’. Justin Sun tweeted that TRX is now cool enough to be accepted for bookings at over 500,000 hotels around the world after a new partnership with crypto startup Travala.com.

Tron has slowly but surely been expanding its set of real-life use cases for TRX. It is used not only in trading pairs on major crypto exchanges and as fuel on the Tron blockchain but also in everyday life.

In several locations around the world, one can already buy coffee with TRX. Now, Justin Sun has arranged for it to enter the travel industry also.

Travala.com crypto firm collaborates with over 560,000 hotels in different global destinations, in around 210 countries in various parts of the globe.

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Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.