Test Net And A Few Tron (TRX) Price Predictions
The Test Net countdown is live on the Tron (TRX) website. The much anticipated launch of the Beta version of the Tron Network is slated for release on the 31st of March, less than 5 days from today and at the moment of writing this. As a result, the world wide web is a bee hive of activity and ‘buzz’ surrounding the Tron project that has weathered the storm of FUD from all angles. Its founder, Justin Sun, was the victim of lots of FUD earlier on in the project but he has kept his cool and continued to push the project ahead – firing on all cylinders.
So much so, that the release of Main Net has been bumped up to May 31st of this year – exactly 2 months after the release of Test Net.
It is with such excitement about the events ahead in the Tron project that there is a lot of excitement about the price predictions of the token down the year 2018 and beyond.
One price prediction puts Tron (TRX) at $0.27 by the end of the year. This is after the consideration that Tron (TRX) will be the main medium of transactions on the Tron Network that is slated to be released in May. Also, more developers will start using the platform as the days go by leading to an increase in the price of the coin. By coin, this means that down the year, Tron will be on its own platform after Main Net is released, and not on the Ethereum (ERC20) one of the ICO. The token migration methods have not been confirmed but it will be on a 1:1 ratio.
Other price predictions without giving definite dates, put Tron (TRX) possibly at the $0.57 – $0.62 range, $3.15 or $5.72 depending on several conditions such as reception of the platform by developers and past performance of the token in the markets.
All in all, the buzz around Tron and the technology that is about to be released should have an impact on the price of the token and later, the coin. The big question is, are there more investors buying ahead of the launch of Test Net and Main Net to allow for an upward surge in the value of Tron (TRX) in the markets? Will the volume be sustained long enough for a higher support line in the charts?