Is Tron (TRX) A Good Buy?

Tron Founder offers help

Justin Sun is stepping in, announcing that he is ready to spend $5 billion on crypto firm acquisitions. Sun is the founder of Tron, a decentralized blockchain system that hosts the TRX (TRX-USD) token Crypto brokerages and lenders have faced heavy volatility in recent week

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[{"selector":"#anim-632db911-9d71-43ac-bfe9-7974a24802e1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ad5c60c2-c819-4569-926c-9b30267ec473","keyframes":{"transform":["translate3d(-116.82848%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The blockchain was founded in 2017 by Justin Sun to support content creators and artists by providing ownership over the content they create. Tron has grown into one of the largest coins, with over $6.1 billion in capitalization.

[{"selector":"#anim-04045a42-3961-463a-938c-1de7cba9ffc4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-811dfd5d-2d1d-47d6-861e-815477c22dce","keyframes":{"transform":["translate3d(-116.99347%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Tron’s cryptocurrency TRX has also demonstrated quite a solid resilience to the bear market, thanks to TRON DAO. The DAO has been accumulating millions of TRX and USDD stablecoin since crypto winter began in May.

[{"selector":"#anim-6f5ace61-062f-49d9-a264-d83fa4fede49","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-db523112-a241-4896-b1c4-1f19a8394d5d","keyframes":{"transform":["translate3d(-117.15211%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] On July 8th, TRON DAO bought a total of $20 million worth of TRON and the USDD stablecoin. The goal is to “safeguard the overall blockchain industry and crypto market.”

[{"selector":"#anim-806c6645-2a35-4753-9bbc-cb57968eb953","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a637ed43-071d-4ca4-a3bc-dcc15cfb2c46","keyframes":{"transform":["translate3d(-116.17161%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The price of Tron is around $0.0666, and it has a market capitalization of $6.15 billion from the 92.48 billion TRX tokens in circulation. But, TRX was down over 77% from the all-time high in 2018.

TRX Price Prediction by Authority Sites

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#2 Coin Price Forecast

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#3 Long Forecast

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Cryptopolitan Price Prediction

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Is Tron a good investment?

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What's the likely price of Tron in 10 years?

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Disclaimer

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