Tron (TRX) exploded between December 2017 and into January 2018. Many Tron holders are asking what is the realistic price prediction for Tron in 2018. Can Tron (TRX) reach $1 in 2018? Let's take a look at upcoming events for Tron and a price prediction with an explanation of how I arrive at this price.
Mainnet launch
The Tron mainnet launch will occur on 31st May 2018. At this point, Tron will have its own blockchain. Before the mainnet launch Tron tokens are ERC-20 based and running on the Ethereum network.
Token Swap
The token swap for Tron will occur on 21st June 2018. In order to take part in the token swap, you will need to keep your tokens on an exchange that supports the swap. This includes Binance, Bittrex, BitZ and more (check out the video for a full list).
I believe that in the run up to the token swap (21st June), the price for Tron will reach around that of it's previous all time high (around 1500-1600 sats) before a large sell off occurs from early investors that got in pre 100 satoshis.
$1 Tron (TRX)
The price prediction for Tron is based on the speculative price for Bitcoin reaching $50,000 before the end of 2018. The months of February to May have been slow for Bitcoin and most of the Cryptocurrency market, so it's difficult to gauge the likelihood of a $50k Bitcoin in 2018. If it does, we can expect Tron to be in the 2000-3000 satoshi range.
As an example, at 2000 sats and a $50k Bitcoin:
50,000 * 0.00002 = $1.00
If Bitcoin is around $25k by end of 2018:
25,000 * 0.00002 = $0.50
Note:
I am not a financial advisor and you should not take this video as financial advice. Always do your own research before investing your money.
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