According to CoinMarket Cap, Tron (TRX)is worth $0.03840 with a market capitalization of $2.5 Billion, at the time of writing. The cryptocurrency is making waves, and its recent partnerships could see its value move way-above its current price, and maybe to a price mark of $16.48 in the near future. Let’s see how.
Recently, Trongot featured on Changelly, which is one of the top cryptocurrency exchanges in the world. As a result of this partnership, Changelly officially endorsed the TRXand US dollar trading channel on its platform. Furthermore, users can use their credit card to buy TRXon Changelly. Justin Sun, the CEO of Tron states,
“CHANGELLY HAS MADE REMARKABLE CONTRIBUTIONS TO THE PROMOTION OF CRYPTOCURRENCY GLOBALIZATION. WITH NUMEROUS FANS AND USERS AROUND THE WORLD, TRON’S COOPERATING WITH CHANGELLY WILL ENABLE MORE PEOPLE TO UNDERSTAND AND USE TRX. MEANWHILE, TRON’S LARGE NUMBER OF USERS WILL ALSO GIVE CHANGELLY A BOOST TO THE DEVELOPMENT AND POPULARIZATION OF DIGITAL ASSETS.”
The cryptocurrency is not stopping anytime soon, Tronhas more than eight new plus mega partnerships and more than 16 partnerships total that could see its price spike high before the year ends. There have been strong speculations for quite some time now that Troncould partner with Twitter soon (perhaps that’s the secret project Tron is going to reveal at the end of this month). Not too long ago, Pornhub, Brazzers, and numerous exchanges such as Binance and others embraced Tron (TRX).
Tronpartnered with China’s Netflix, which has more than 200 million users worldwide. In regards to the partnership, Justin Sun said this on his Twitter page:
“WE TRON ARE PROUD TO ANNOUNCE THE PARTNERSHIP WITH BAOFENG GROUP. BAOFENG, AKA CHINESE NETFLIX, BOASTS MORE THAN 200 MILLION USERS AS A VIDEO PORTAL GIANT AND HAS ACHIEVED 8 BILLION CNY LISTING IN SHENZHEN STOCK EXCHANGE (300431.SZ).”
Tronhas also partnered with an app called Gifto – a live streaming app. Tronis becoming a global cryptocurrency to invest in; this can be attributed to the immense effort that the team has put in to make sure the cryptocurrency is where it is today.
Of course, the recent acquisition of BitTorrent by Tronwill help steam the value of the token, TRX. That’s something we can’t take lightly. BitTorrent has more than 100 million active users, which means the cryptocurrency now has the ‘direct access’ 100M more users. In the end, more liquidity.
It is important to know that Tronreleased its MainNet about three months ago and during its recent conference, Justin Sun spoke on the accomplishment his team has accomplished with its MainNet. After Tron’sMainNet launch, it has achieved what Ethereum managed to accomplish in the last three years.
Besides, there have been lots of speculations that Tronwill partner with Alibaba. Alibaba is a multi-billion dollar company owned by Jack Ma. We do know that Sun was one of the best students in Mr. Ma’s university, Hupan University.
Sun was the first millennial student to graduate from the University; in Tron’steam, there is Mr.Chen a close friend of Mr. Ma. Mr. Chen is one of the main people in team Tron, and we shouldn’t be surprised if we see a partnership with the multi-billion dollar company very soon.
Tron’s pricewon’t be stagnant at the $0.038 price mark – there is going to be a big surge in the price very soon. With Bitcoin’s ETF that is said to be approved on August 16th, it could also propel Tron’sworth (as well as the value of other emerging altcoins). Tronis the most talked cryptocurrency on Twitter of recent times, and it can process more than 20,000 transactions within a second. Tron’s continuous strides and team-up with mega players will inevitably increase its value in the future, and this is the right time to invest in it.
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