- History could repeat itself, Tron could go experience 40% upward trend, says crypto analyst
- The big announcement will greatly impact entire blockchain community.
Cryptocurrency space is dominated by suspense. This has been usual in making the sphere interesting, and encouraging. Tron (TRX) has kept its fans and enthusiasts in the dark against June 3, the day Justin Sun promised to make a big announcement that is expected to push the market price of TRX significantly.
The community members of all cryptographic projects (presumed investors), and founders are fighting tooth and nail to get their digital assets to prominence globally.
Notable partnerships have at times impacted the market price of cryptocurrencies, while their growth can also be attached to the amount of developments issued out by digital asset.
Justin Sun, the CEO of Tron (TRX) is a big gun in the crypto space, known for implementing the right tools to get outstanding result in the industry.
Sun is very usual with giveaways and bounties. This is sometimes used to encourage the Tron community members and investors to always stay around.
All the top digital currencies are in a welcoming situation in the market, as they all face the upward trend after a notable price plummet some hours ago.
Tron (TRX) has been indicating its readiness for price bull run with its 11.6% price increase in the last 24 hours. At press time, the 11th largest digital currency by market is trading at $0.035, with $1,066,864,889 24H volume. It is also gearing up for an override to take the 10th position permanently.
Minimum of 40% Pump is Possible After The proposed Announcement
Tron community members have been anticipating for the proposed announcement indicated by Tron (TRX)’s Justin Sun. The awaiting announcement according to Sun will be a big win for blockchain community.
An analyst/trader, known on twitter as Loma Crypto, notified the cryptocurrency sphere about the possible impact of the preplanned announcement on the Tron (TRX).
In his tweet, Loma went down the memory lane. He pointed that Tron (TRX) had surged significantly in the past, and the present trend also maintains a similar move. He added that at least 40% price upsurge is expected if Tron (TRX) continues with the present upward trend, added with the imminent gigantic news.
Read Loma’s statement below:
“TRX – Looked bullish even before announcement of announcement – Reclaimed level – Justin Sun coin – Historically when we’ve pumped from this level, we’ve seen at minimum 40% moves. – Expecting something similar if this is truly a bullish market”
Recap of the Big Announcement Proposed By Justin Sun
Few hours ago, Justin Sun hinted the entire crypto space about a big announcement that promises to cause revolution in the blockchain community.
Meanwhile, Sun earlier notified his community members about the huge and amazing development on 26th May 2019, tagging it then as almost a done deal.
At present, only Sun knows what is forthcoming. Crypto enthusiasts can only make probable predictions, but there is possibility the big announcement take Tron (TRX) price to a desirable height, especially because of past similar events.