With the Mainnet launch just 10 days away, TRX prices have started to jump. TRX started the day at $0.068 and at press time was trading at $0.078 to a token witnessing a 12% spike in the past 24 hours and is also the biggest gainer among the top 30 tokens.
Justin Sun in a recent Huobi conference in Korea mentioned about the “secret” announcement that he will make in June post the Main Net launch which according to him will add another 100 million users to the TRX network.
The transition away from Ethereum will give TRX the flexibility and scalability to pursue Justin’s Tron philosophy. Alibaba’s Jack Ma being the mentor, there were lot of speculations recently in the media discussing the probability of Alibaba becoming the next partner with TRON.
The current spike in prices shows positive momentum and according to analysts, it is possible that TRX will continue to climb all the way till May 31st until before the launch.
A look at the recent volumes in various exchanges around the world for TRON reveal that there has seen a considerable increase of trading volumes over the past week. The growing interest could also be attributed to the various PR stunts which also includes a home giveaway. The May 31st event is expected to be live-streamed on multiple channels as well.
S.S.H, a Twitterati says,
“So many trying to get fomo going. I get it, yes price my will increase before mainnet. And it will be great, for a bit. What we need is a successful mainnet, a working product, real world uses and great partnerships. All these could be reality within the next couple of months!”
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