After a week of crazy prices, the cryptocurrency market is slowly recovering. If you want to get back to the previous price, you need a little time to wait patiently. How about the TRON trx price prediction in 2018?
First of all, due to over-subscription and overestimation of the current market situation. We heard a lot of voices, and the most pointed point is that for TRON, it fell from 0.3 cents to less than a cent in a month.
However, the entire market is mainly composed of investors who are vulnerable to investment and those with excess funds, which has led to instability in the current market conditions.
The adjustment is often proportional to the previous increase. We see that the total market value of the entire industry has increased from 300 billion to 800 billion in a short period of time. We can clearly feel that the Austrian price will have a correction, especially from the indicator that the price of Bitcoin is falling relative to other market prices. The instability of the entire market reflects the intensity of this callback, which is the worst in the history of cryptocurrency.
In essence, the current prejudice against TRON has become a trend. TRX has become synonymous with irresponsible virtual currency. In fact, TRX's time is very tight and market trends are not in anyone's hands. Many virtual currencies reached their peak in early January and also experienced a sharp decline.
In the past few months, TRON (TRX) has been on the road to building alliances with a number of well-known companies and groups. There are some unexpected factors in the process of reaching cooperation, but perhaps because these well-known companies have become the great potential of the TRON project in the future. One of them is Obike, a shared cycling platform project in Singapore.
The TRX token has been close to $0.0685 in Bitfinex, and has since started a steady rise, quickly reaching a rapid rise of $0.07 and $0.08. At one point, the TRON price was as high as $0.084, but there has been a slight correction since then. Currently, TRON is priced at $0.0811, with a one-day gain of 11% and a market capitalization of $5.4 billion. This leap has made it rise to ninth in the rankings, and the IOTA in the past 100 has been surpassed.
TRON continues to wait for more updates from the main network, making investors anxious. Currently, the cryptocurrency industry is in trouble due to hacking news on Korean exchanges, although only a few Altcoins are affected.