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- On Twitter today, TRON CEO Justin Sun teases the TRON community. TRON’s CEO announced that major news is coming next week. Justin Sun writes on Twitter, that there will be a piece of big news on NXT in the upcoming week
- Furthermore, Justin Sun revealed that TRON DeFi’s total value locked (TVL) has surpassed 11 billion USD. It’s no secret that the DeFi market has been booming this year
- TRX will hit $0.5 by the end of 2022 if the current positive trend continues. The first half of 2022 will see a rapid increase, reaching $0.85
On Twitter today, TRON CEO Justin Sun teases the TRON community. TRON’s CEO announced that major news is coming next week. Justin Sun writes on Twitter, that there will be a piece of big news on NXT in the upcoming week. TRON (TRX) has had a string of excellent news over the last several weeks. TRON and BitTorrent recently announced that they will collaborate on a new project. The initiative is named BitTorrent Chain, according to BitTorrent in a tweet (BTTC).
Furthermore, Justin Sun revealed that TRON DeFi’s total value locked (TVL) has surpassed 11 billion USD. It’s no secret that the DeFi market has been booming this year. On the other hand, experts gave a TRX price forecast for 2021. TRX’s price has witnessed several positive movements since the beginning of 2021, according to the article. Immediately after that, there are swings, consolidations, and corrections. Taking this into account, TRX will have a competitive market in 2021. With a trading volume of $2,884,875,559 USD, it is now trading at $0.1137. TRON is now placed 24th on CoinMarketCap, having gained 18.49 percent in the previous 24 hours.
TRX will hit $0.5 by the end of 2022 if the current positive trend continues. The first half of 2022 will see a rapid increase, reaching $0.85. This upward trend may halt, but no significant drops are predicted. With new collaborations and improvements in the works, hitting $0.5 is a possibility. A bullish crossing can be seen on its MACD, indicating that the trend is likely to continue rising. TRON, with its upcoming exciting major announcement, could be worth checking out in the coming weeks. As a result, if TRX maintains support near the 200-MA (long-term moving average), buyers will have sufficient time and stability to launch the next attack attempt on the crucial $1.25 level. This will prevent it from falling while maintaining its uniformity.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
