TRX 2019 Forecast
Last year was the start of the cryptocurrency bear run that many economists predict will end in 2019 with new ll-time highs to come. Bitcoin is now a household name, Litecoin is positioning itself to be the primary currency used in every day life, and then of course there is a new player to the crypto game who is gaining significant positive attention: Tron.
This time last year TRX did not even run on the TRON Main-net (They were ERC-20 tokens) and by January of 2018 TRX coins were valued at an all-time high of 30 cents with a market cap in the tens of billions of dollars. That did not happen by chance. Tronix is different than many of the other cryptocurrencies out there because Tron is more than just a digital tool to purchase goods. Tron is taking on a market (the global entertainment industry) valued at one trillion dollars. The goal being to move the power companies such as Facebook, Google and Amazon have over consumer content back into the hands of the creators of that content. The idea is truly brilliant, making the future very bright for Tron in 2019 and even more so the next 5 years. Here are five other reasons why investors should be bullish on Tronix:
- Tron has hundreds of the best developers in the world on the project and grabbing more developers leaving ETH
- The company works 24/7 with engineers in San Francisco & Beijing
- Tron has the most consistent positive news and partnerships being developed of any coin
- Justin Sun is very active on twitter, sharing the latest developments and progress of Tron
- Decentralization is the way of the future and Tron in the first company building the infrastructure
TRX Price in 2019
The entire crypto market has been correcting itself since skyrocketing in December 2017 through December 2018. But the reality is this is a good thing! More government regulation is good, more people talking about cryptocurrency is good, and more investors coming into the ecosystem is definitely good! Especially, at these bargain prices! What makes Tron a smart bet in 2019 is that it already hit 30 cents …without a working product! Now the Exodus main net is live, more DApps are being produced on Tron than any other platform, and the best minds are leaving Ethereum and eOS to work on the Tron network. All anyone has to do is follow Justin Sun’s twitter to see the endless stream of positive news surrounding Tron. When everyone is trying to get rich in a day, TRX investors are the ones who will be the early adopters rewarded by the end of 2019. This is why our experts believe that Tronix will hit the psychologically important number of $1 per token by the end of 2019.
Volume never lies and TRX consistently has high trading volume. The product being built by Tron is visionary, and the momentum is getting stronger (even if the price does NOT reflect that momentum….yet). Tronix investors can expect another meteoric rise in the cryptocurrency similar to that in late 2017 early 2018 to occur 2 or 3 times in the middle and late portion of 2019. The first wave will push TRX close to its first all-time high of 30 cents with a second and third wave pushing Tronix coins above $1. Investors getting in on Tron at 2 cents are really going to reap the benefits of the white swan movement like those who invested in Ethereum when it was under a $1 before reaching $1300+.
As an e-commerce GPS tracking business, Tracking System Direct is always looking for ways to enhance the user experience while assisting customers with the best GPS vehicle tracking products on the market. The company will be taking payments via TRX starting next month and looks forward to working more closely with technology companies such as Tron that are working to create a truly decentralized Internet that uses decentralized currency.