Justin Sun predicts TRX could soar to $20, a 9,665% increase, in the current bull market.
TRX has been trading below its all-time high for seven years, with analysts expecting a major breakout.
A $20 TRX would make the asset worth over $1.7 trillion, positioning it as a potential trillion-dollar token.
Justin Sun, the founder of the Tron blockchain, predicts an astonishing $20 price target for TRX. Sun shared this bold outlook on X, reacting to an analyst’s prediction for TRX’s potential in the current bull market. TRX is trading at $0.2048, up 25% over the past week.
It’s 20 $, not 20 cents https://t.co/0JxtKiAxzE
— H.E. Justin Sun
(hiring) (@justinsuntron) November 17, 2024
TRX Set to Explode After Seven Years of Compression
On X, analyst Intuit Trading warned crypto market participants not to be surprised if seven years of price compression during the bear supercycle on TRON ends with explosive upside momentum—possibly driving TRX to over $20 as early as this year.
Notably, TRX has been trading below its all-time high of $0.30004 for seven years. The asset failed to reach a new peak in 2021 despite the bull momentum sparked by Bitcoin’s …
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