Tron (TRX) price has been under huge pressure since the last month. The currency has behaved quite well in the first two quarters, but recently, it has to suffer a lot. The traders, who have already invested in the coin have booked losses and hence thinking about other options.
The current scenario of the coin is a little scary, but the coin has a high prospect to rise in the future. To understand the momentum more precisely, let’s have a look at the price statistics.
Current Statistics of Tron:
- The price of the coin is at USD 0.017795.
- The coin is at the 14th rank in the crypto market.
- The ROI is marked as 755.19%.
- The 24hr volume stands at USD 368,330,919.
- The market cap of the coin is USD 1,169,739,116.
- The circulating supply has 66,682,072,191 TRX.
TRX to USD Price Comparison:
The chart is taken from Trading View on 20th August 2019, at 07:24:44 UTC for price analysis.
A month ago, the coin was dealing at $0.028. The coin dropped by 22.68% and touched $0.022 in two days. The coin kept dealing around $0.024 for the rest of the days in July. The month closed at $0.022, and in 10 days the drop was of 22.30%. The ongoing month started at $0.022 and kept dealing at the same level. The coin started falling after 5th August from $0.022 to $0.018. The coin has started reflecting a little improvement after the heavy fall on 14th August. The coin kept dealing around $0.017 till today.
Tron Price Prediction and Conclusion:
Tron (TRX) is expected to rise in the future. The coming days could bring a piece of good news for the traders who have invested in the coin. However, the prediction is astronomical. In the coming years, the coin could witness an upsurge of 4% to 5% profit in the coin. The currency is speculated to close around $0.050 to $0.060 by the end of 2019. The traders can dig in for a small term period in the coin. The same would bring a colossal profit.
