What’s Apples stock price going to be worth in a year?
No-one knows, many ‘experts’ will make up an arbitrary figure.
The price of TRX, and any other cryptocurrency depends on the demand for it. Demand often increases when events such as partnerships, technological improvements, mass user adoption and financial incentives are presented.
Justin sun’s marketing strategy to announce announcements worked the first few times. Moving the price of TRX from 0.001 to 0.3 in a short period of time. However, the market eventually started ignoring these ‘massive’ announcements.
Don’t get me wrong, I like Tron and I am invested in it. They need to partner with big companies to scale, but they also need a working product to do this. I think over time this will happen as they have many developers with vast experience but Justin needs to stop hyping this project up. It leads to excessive price volatility.
Thanks for reading,
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