Tron Price Analysis: Tron (TRX) escalating upwards after the launch of BitTorrent Speed

Finally, Tron responded on the Wave Field Community Scam at Raybo Technology where police got involved, and many defraud investors were deceived. Tron official statement on the same was made after communicating with the protestors saying that some of the people were deceived. Some of the victims were compromised on their returns, and TRON has promised high rates of return to them.

https://twitter.com/justinsuntron/status/1148234689825480704

Let’s hope that such news will not affect the charts of TRON.

But the news that will definitely affect the TRON charts is the launch of BitTorrent speed today crypto-powered by Tron.

Tron Price Analysis

The Tron price is currently trading at $0.034725 at 09:28 UTC on 9th July 2019. The other essential factors are:
• Return on Investment: 1597.83%
• 24 Hour Volume: 888,009,933 USD
• Market Cap: 2,322,309,032 USD
• Total supply/Circulating Supply: 99,281,283,754 TRX/ 66,682,072,191 TRX
• 7 Day high/low: 0.035523 USD / 0.030345 USD

TRX to USD Price Comparison

Considering the data from last week, the initial lower value was seen on 5th July at 07:20 UTC with a trading value of $0.03105. The value then escalated in the upward direction by 3.34% on 7th July at 16:00 UTC trading at $0.03208. The value escalated further by 10.94% with the highest trading on 8th July at 08:55 UTC with a trading value of $0.03559.
The value then dropped by 5.97% at 11:35 UTC the same day. The value is increased by 3.97% today at 08:45 UTC with a trading value of $0.0348.

Tron Price Prediction and Conclusion

TRON is showing the attributes of bullish nature as of now. After the Wave Field Community Scam, we hope that traders can still find ways to secure their credibility in TRON. Till then, traders can enjoy their profits by ‘selling’ their coins in this zone.
By the end of 2019, with many new announcements coming up, we might see the valuation of TRON touching $0.05.