Justin Sun, who is the protégé of China’s tycoon Jack Ma, has recently predicted that Tron (TRX) will have a consolidated mark in the top 10 cryptocurrency list in the next 6 months. His prediction is not merely sentimental being the founder of this digital currency, instead the steady rise in its price and the Fibonacci extension tool almost portray the next target. Almost all the tech indicators are now providing hints that TRX will have more gains in near future.
TRX is currently up to 8.82 percent for the day with an increase from September 7’s 8.26 percent (change rate in 24 hours). It certainly seems to be creating an inverse head and shoulder pattern, which means the indication shows positive chances of TRX having bullish moves ahead for it.
In fact, the founder of Tron Foundation does not only believe that TRX can reach the top 10, but his high confidence level assures that his cryptocurrency will be able to achieve top 3 ranks in the near future. He believes that TRX has started working to outshine Ethereum on the way to become the largest decentralized protocol over the planet. The entire team is giving all its endeavor on the key milestones in the last quarter of 2018 and first quarter of 2019, Sun said in a telephonic interview with Investopedia.
The second goal revealed by the 28-year old entrepreneur is expanding awareness and recognition of the Tron protocol. “Between the fourth quarter of 2018 and the first of 2019, we will continue to position ourselves more solidly in the cryptocurrency market, as well as in more exchanges,” he added.
According to Smartereum, Tron Puppies will be released by game.com, the podium where the crypto gamers can utilize Tron coin to play the game. On this expansion plan, Sun said he and his dedicated members are incessantly giving efforts in the entertainment and gaming industry. More developments will be done on TRON dApps so that it is able to attract more developers in the future.
CoinMarketCap shows TRX in the 11th position today. It has a gap of $162,887,314 to usurp the 10th rank of Monero cryptocurrency. As already mentioned above, the change rate (in past 24 hours) is much higher for TRX as compared to other digital currencies. Thus, it may take even less than Sun’s predicted 6 months time for TRX to be among the top 10 cryptocurrencies.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]