why tron price will reach 5$ in 2018

There are lots of forecasts about the price of Tron (TRX), and it has been predicted that the price of the cryptocurrency will increase.

We need to know that the recent price of TRX is $0.04, although, it’s supposed to have increased to $0.4. Nevertheless, analysts predict that the price of Tron will rise to $5 in 2018 . It is important to note that the amount of Tron’s tokens currently in circulation is 65,748,192,475 TRX – this amount of TRX tokens will keep increasing, and as more developers opt for the cryptocurrency platform, the value of Tron (TRX) will continue to appreciate.An overview of

Tron’s performance in the market
In the early part of 2018, January precisely, Tron’s TRX was valued at $0.049, and its market capitalization was at $3,221,003,949. Again, the digital coin was worth $0.25 with a market capitalization of about $16,752,047,709. After then, the market became red, and Tron was valued at $There is no guarantee Tron will reach the $1 price value anytime soon.

The cryptocurrency needs more time to develop, and as it matures, its value will increase. Justin Sun needs to keep moving at the pace he has been lately, and not get relaxed as there is still a long way for Tron (TRX) to cover.

If he can bring in some major partnerships such as the potential one with Alibaba (remember he is very close to Jack Ma, Alibaba CEO), that might enable the crypto to shoot to the moon similarly to how Bitcoin did after its birth. The right moment to invest in Tron (TRX) is now due to the fact that the future looks bright for the cryptocurrency