Day 1 Tron (TRX Coin) Investors Would See 1,700% Increase After First Year

2018-8-2 00:18

Tron (TRX) Price and Company Overlook After 1 Year

Justin Sun, one of the bright minds behind the cryptocurrency, Tron, had a few reasons to celebrate using his Twitter. The first was to celebrate his birthday, the second was to celebrate the 1 year birthday of Tron, which he launched on the same day.

The third was to celebrate how the year turned out to be more than just a crowded hour for the two:

1 year ago today, I gave myself the best birthday present–launching #TRON. It's been exactly 1 year. Looking back, it's amazing how one simple idea took root & grew. We are now top 10 crypto, a community of 2M, bringing 100M BT users a better UX. 2018, GO #TRX! $TRX pic.twitter.com/EzoqQwmOoS

— Justin Sun (@justinsuntron) July 30, 2018

Turned out to be a good day for many of the investors involved in the project too, as it managed to cover a lot of ground:

100 Billion tokens were minted for the ICO The total amount raised was $70 Million Accepted cryptocurrencies were Bitcoin (BTC) and Ethereum (ETH) Initial token price of 1 TRX was $0.0019

So, when we think about the investors behind Tron, a few questions do crop up: like how much of a return on investment did those that bought into Tron at its very early stages get?

Comparing the value that TRX had during the time of its ICO, which was 0.0019, and how much it is as of August 2018, which is 0.035, the overall return on investment of nearly 1,800%.

Even going back as far as the span of time when cryptocurrencies were undergoing a major bearish reversal, TRX had managed to hit a peak of 0.25. Effectively, if you were an investor who bought in at the ICO value of Tron, and decided to sell here, you'd have walked away with over 18,000% worth of a return on your initial investment.

Overall, I think it's safe to assume that there are a number of reasons that Justin Sun can celebrate exuberantly, considering that he's created a cryptocurrency which has guaranteed one of the highest levels of return over such a small window of time.

What's more is that Tron is only expected to get bigger and better, with three factors playing into increased levels of use and volume of users.

The first being the introduction and rollout of the Tron Mainnet that took place earlier this year. The second being the later acquisition of BitTorrent and the final one being the admission of TRX as a means of payment through the multi-billion dollar pornography company, Pornhub.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

TRON (TRX) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.1171
Капитализация $0 Rank 99999
Цена в час новости $ 0.0326502 (-100%)

tron year celebrate birthday day trx using

Источник: bitcoinexchangeguide.com

tron year → Результатов: 15


Фото:

TRON Price Below $0.4

It would appear the TRON price has taken a major beating again, even though it seems the worst may be yet to come. TRON Price is Fighting for Stability It has become more than apparent 2018 will not be the year of cryptocurrency except for the wrong reasons. For the TRON price, the year 2018

2018-6-27 00:54


Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Maker whale activity surges by 1400% - Time for MKR's price to break out?

Large transaction volumes for Maker rose by over 1,400% in just two days  Despite rising whale activity, technical indicators and on-chain metrics flashed mixed signals for MKR  Maker (MKRThe post Maker whale activity surges by 1400% - Time for MKR's price to break out? appeared first on AMBCrypto.

Is Ethereum set to outperform Bitcoin? Key data suggests...

Analysts predicted that Ethereum could outperform Bitcoin due to key indicators. Ethereum spot ETF inflows and ascending price channels indicated potential price targets up to $10,000. EtherThe post Is Ethereum set to outperform Bitcoin? Key data suggests... appeared first on AMBCrypto.

QNT's latest breakout can push altcoin's price to THIS level...

QNT's breakout from its descending trendline and bullish indicators signaled potential gains to $229 On-chain metrics and declining exchange reserves highlighted growing demand and reduced sellThe post QNT's latest breakout can push altcoin's price to THIS level... appeared first on AMBCrypto.

XRP's $1 at risk? As trading volume drops 77%, concerns rise

XRP's $1 milestone seemed uncertain, as daily active addresses declined significantly. Ripple's trading volume dropped from almost $3 billion to around $207 million. After months of consolidThe post XRP's $1 at risk? As trading volume drops 77%, concerns rise appeared first on AMBCrypto.

NEAR rallies 12% in 7 days: Is $8 on the cards?

NEAR traded at $5.79 at press time, gaining 12% in seven days with $712M daily trading volume and $7B market cap. Futures Open Interest dropped 5% while TVL hit $260M, signaling steady ecosysteThe post NEAR rallies 12% in 7 days: Is $8 on the cards? appeared first on AMBCrypto.

TRON's USDT dominance - Here's what that means for TRX's price

TRX recorded gains of over 26.17% in the last 30 days TRON's USDT weekly volume surpassed 150 billion - A sign of strong adoption TRON, at the time of writing, was valued at $0.1986 with a mThe post TRON's USDT dominance - Here's what that means for TRX's price appeared first on AMBCrypto.

CVX crypto soars 20% in 24 hours - Is $5 the next target?

CVX crypto pumped 83% on the 19th of November; will the uptrend continue?  A notable whale could have triggered the wild upswing, per an analytics firm.  Convex Finance’s native token, CThe post CVX crypto soars 20% in 24 hours - Is $5 the next target? appeared first on AMBCrypto.