Justin Sun, founder of the Tron blockchain network, believes that the $TRX cryptocurrency could reach $20 by the end of this year 🚀💰. This statement came in response to the optimistic forecasts of an analyst at Intuit Trading 📊, who indicated that there is great potential for the coin in the current bull market 📈📅.
According to the analyst 🧐, seven years of negative pressure on the TRX price may be coming to an end ⏳, paving the way for rapid growth for the coin 💥. During this period 🕰️, the coin has remained below the $0.30 level 💸, but the gap between the current price of $0.2048 💵 and the historical value is close to 31% 📉, which means that TRX needs a massive growth of 9665% 🔥 to reach the target price of $20 💲. However, the analyst believes that this rapid growth may be just the beginning 🏁.
The analyst expects the currency to continue to rise 📊 as the dollar continues to decline in value 💵 and inflation rates increase 💹, noting that the coming period may witness a significant increase in the value of TRX in the long term ⏳. The question is not if TRX will exceed $200 or $2,000 💲, but when ⏰ will happen, and it is likely to be sooner than many expect 🌍.