What's reason behind tron's price hike?

[Prateek_sharma]

Well!! One of the leading cryptocurrency tron continues its best in the crypto market, day by day Tron price is increasing, today tron price has increased up to 2.01%.

What's the reason behind increasing its price?

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[Saint-loup]

Well!! One of the leading cryptocurrency tron continues its best in the crypto market, day by day Tron price is increasing, today tron price has increased up to 2.01%.

What's the reason behind increasing its price?

Well I think it's just a technical correction after the dip caused by the postpone of the lunch with Warren Buffet.
But it seems Justin Sun will make a big announcement for the second half of 2019 very soon.

“Soon I will have a letter out to our community regarding our plans for the rest of 2019.”
“Second half of 2019 for #TRON #TRX will be amazing!”
https://zycrypto.com/tron-ceo-says-second-half-will-be-great-for-trx-does-justin-have-new-plans-up-his-sleeve/

[passwordnow]

Let's stop that remarkable reaction whenever your favorite altcoin increases. 2% of increase isn't that remarkable with the current status of the market.
Bitcoin is soaring high and this should contribute to the increase of Tron. I'm not looking for any more reason about its rise but I'd say that this is a normal price hike.
It's a normal rotation and market flow for the price.

[Lantind]

It could be this is the influence of the market and there are some new projects that have used the TRON platform, so this can be an influence as well, and bitcoin has also increased so that the market influence on TRON also exists even though not so much.

[coin-investor]

It has something to do with the head developers eagerness to convert haters, we all read the much-publicized million dollar lunch with Buffet who is very well known as a Bitcoin nonbeliever, it has a positive impact on his own coin and the whole industry as well.

And besides Tron is bringing something great to the community, just check out their Dapp https://dapp.review/explore/tron

and their TPS TRX consistently handles 2,000 transactions per second, 24x7. even faster than Ethereum and Bitcoin
Tron is very consistent in their marketing and the development of their project, no wonder they reach their spot in just a short period of time.

[Samboo]

I think up to 2 percent increase in price of any established coin is not that much big. But in case of tron, the project is good and run by a young, energetic Justin Sun. I think his project cannot fail. He is so energetic in the crypto space that he makes headlines by doing different things (some innovative for crypto) ranging from inviting Mr Trump to talk about cryptocurrency. I love Sun and his project Tron.

[cudora]

When TRONs price dropped, it was caused by Sun postponing his lunch with Buffet and some difficulties with China government. Right now things are getting better, because Sun has announced several exciting features and the price is just recovering but not raising.

[Saint-loup]

When TRONs price dropped, it was caused by Sun postponing his lunch with Buffet and some difficulties with China government. Right now things are getting better, because Sun has announced several exciting features and the price is just recovering but not raising.

Does anyone know at which date the lunch had been rescheduled? I really think the lunch will occur a day or another before the end of the year, and when it will occur Tron price will pump, it's a certainty. So it could be a cunning investment to buy a small bag now IMO... Despite the uncertainty on the issues with the chinese authorities.

[ololajulo]

A 2% increase does not require a compelling reason, a 2% increase is common to all coins on the market,
This does not require a reason for TRON to experience such an increase.

Quite a non significant price move. Lot of FOMO in the past week on their social channel and the 2% might be from bitcoin price pump that affected other altcoins.

[StreakW]

Well!! One of the leading cryptocurrency tron continues its best in the crypto market, day by day Tron price is increasing, today tron price has increased up to 2.01%.

What's the reason behind increasing its price?

What seriously?? Are you new in crypto?? only because increased about 2% you make a thread like this?? This is normal in cryptocurrency. Go to coinmarketcap sometimes you will see increased more than 40% and decreased more than 40%

So not about news or anything but because this is normal

[legendster]

Well!! One of the leading cryptocurrency tron continues its best in the crypto market, day by day Tron price is increasing, today tron price has increased up to 2.01%.

What's the reason behind increasing its price?

A 2% increase is nothing in a healthy crypto trading market with good enough volume. Such low rises can be done bots themselves.

Give me a holler when it moves with a higher momentum, I'll TA it for you. Besides, Tron has been getting a lot of attention lately because of that Warren B. Charity lunch news.

[qazgroup]

I think it is simply because of the growth in the overall volume in the crypto market so tron has got its fair share and i think it does have growth potential in future too, real bulls in the market are expected when market pushes past 1 trillion in volume for the first time ever.

[anjho.ace]

It is very normal and every cryptiocurrency can do it as long as they are active and well supported by people.
TRON having the price ppump coz there are some people giving the demand for it.
It may go higher or might stop and slip.

[disconnectme]

Well!! One of the leading cryptocurrency tron continues its best in the crypto market, day by day Tron price is increasing, today tron price has increased up to 2.01%.

What's the reason behind increasing its price?

Are you serious 2% increase in Crypto space is absolutely nothing, this is not Stock market where 2% gain is a big deal. As for Tron I don't think there is much happening apart from the new update promised by the founder and since the price has been on the downward slope for some days now after the news that the founder was arrested in China

[glendall]

I guess that's a common thing and don't need to be asked.
we can see yesterday's market is green. and if the coins go up by only 2% I think that's natural,
but it's different if it goes up by 20% to 50%, usually there is good news or indeed the chart should be up.

[Exidous]

It is very normal and every cryptiocurrency can do it as long as they are active and well supported by people.
TRON having the price ppump coz there are some people giving the demand for it.
It may go higher or might stop and slip.

I think Tron is no longer interested in investors because this is an old coin and is not mentioned much in the past time, so it will surely only decrease this year. In my opinion, this investment will have a loss because people in this market are in very poor mood and the need to invest in altcoin is getting smaller this year. I personally recommend choosing a better coin than Tron and perhaps Atom is the new choise that you should consider

[zacxavier]

Technically speaking, Tron has been rolling through the support since the past weeks, failure to break the support and with any fundamental/technical catalyst, it could break out.

Honestly speaking, it's a price manipulation LOL

[chocopapaya]

I think you should take some time to understand price in crypto.
Because actually, the price of tron has been falling.
The way that coinmarketcap works (and other similar sights), is that all of the prices listed are relative to btc.
So when btc price goes up, autamatically the price of other cryptos goes up.

For example, when btc pumps 5%, then automatically other alts will rise 5% in value.
So if btc goes up 5%, and an alt goes up only 2%, then it is actually losing value.
The easiest thing to do is to click on the crypto you are watching and in coinmarketcap it will show the price against btc.
That is the one that matters, not these general "prices" you see.

[SirLancelot]

What's the reason behind increasing its price?

I don't think there was really a major hike in the price of tron, if you are in the crypto space for a while now, you should know that the price of virtually all coins in the crypto market is tied to the price of bitcoin and would always fluctuate once bitcoin fluctuates.

In other sense, I am saying that this hike in the price of tron could be caused by the current increase in the price of bitcoin so I don't think it's something to talk about yet until the price begin to see a bull run, I am expecting to experience one pretty soon because I have a bunch load of tron in my possession. I keep on holding around 0.15 million of tron from Feb and I have bought for the prices of 770 satoshi per one tron.

[Hans Groober]

Well!! One of the leading cryptocurrency tron continues its best in the crypto market, day by day Tron price is increasing, today tron price has increased up to 2.01%.

What's the reason behind increasing its price?

The founder of the Trone very skillfully conducts various public relations campaigns that are constantly published in the media. This affects the price of his coin. I have already stopped paying attention to the feints of Sun's therefore I do not trade the Trone.