How Much $100 Investment in Tron Will Be Worth If TRX Reaches $1 – Crypto News – Crypto News
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How Much $100 Investment in Tron Will Be Worth If TRX Reaches $1 – Crypto News

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3 years ago

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Altcoins: Tron (TRX) has seen a fair amount of volatility over the years. With a market capitalization of $5 Billion, it seeks to host a global entertainment system for the cost-effective sharing of digital content.

Tron leverages blockchain and peer-to-peer (P2P) network technology to cut out the middlemen and allow content creators to sell directly to customers.

Tronix, or TRX (the networks’ native currency), is used by network users to directly pay content providers to access their apps. TRX transactions on the platform are completely free. As a result, content creators do not have to pay a transaction fee to Tron.

Future Outlook of Tron (TRX)

Currently, TRX is trading at $0.05502. It has gained approximately 9.70% in the last 30 days and is following an upward trend. In 2018, TRN touched an all time high of $0.3004.

according to Cryptopredictions.com, TRX can go as high as $0.08 next year (in 2023). It could also breach the $0.1 barrier by 2025 (and could touch $0.13). according to Trading Beats (a crypto prediction site), TRX can cross the $0.1 mark by 2024.

Many investors take a bold guess that TRX will be worth $1 in the coming years.

Also Read: Here’s How Much Your $100 Investment in Ripple Will Be Worth If XRP Reaches $1

How Much Money You Would Make, If TRX Reaches $1?

Let’s assume that you are a HODLer and can sit tight for a considerable amount of time. Suppose you invested $100 in TRX today, and it reaches $1 in the coming years. So the question is, how much money would you make?

TRX is currently trading at $0.05502. At this price, you will have 1817.52 TRX tokens (that are worth $100). When it reaches $1 in value, your $100 investment will be worth $1817, an approximately 18X (or 1800%) return on investment (ROI).

Similarly, if you buy $1000 worth of TRX tokens today at this price, you will have 18,175 tokens. You can potentially make $18,000 if TRX reaches the $1.

Disclaimer: This is not investment advice.

Also Read: Here’s How Much Your $100 Investment in Dogecoin Will Be Worth If It Reaches $1

Dhirendra is a writer, producer, and journalist who has worked in the media industry for more than 3 years. A technology enthusiast, a curious person who loves to research and know about things. When he is not working, you can find him reading and understanding the world through the lens of the Internet. Contact him at [email protected]

The content presented may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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