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Tron (TRX) Price Predictions: Where Will Tron Go After Third Anniversary?

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Tron (CCC:TRX-USD) is up more than 30% in trading today on the company’s third anniversary. A new non-fungible token (NFT) clearinghouse on the Tron blockchain, replete with celebrity cosigns including Lindsay Lohan, is just part of the reason for the enthusiasm around TRX-USD.

An image of a hand holding a cell phone with several visualizations of digital building blocks floating above it. representing sto platforms

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As enthusiasm for NFTs continues, high-profile collaborations have continued to garner interest. American actress Lindsay Lohan has had multiple previous NFT sales, and she isn’t the only celebrity associated with TRX-USD: Rappers Swae Lee and Tyga, among others, are also on board to mint NFTs on the Tron blockchain.

Meanwhile, just yesterday Tron CEO and founder Justin Sun unveiled plans for an NFT investment fund; Sun is a notable NFT collector in his own right, recently purchasing works by digital artist Beeple, among others.

Tron is a blockchain platform seeking to transform entertainment and media by eliminating middlemen between content makers and content consumers. So, instead of paying a streaming service to watch a movie, you might pay the production company directly. By eliminating the middleman, the customer pays less and the producers pocket more.

Currently trading for 8.6 cents, where do Tron and TRX-USD go from here? Here are some Tron (TRX) price predictions:

On the date of publication, Vivian Medithi did not have (either directly or indirectly) any positions in the securities mentioned in this article.

The post Tron (TRX) Price Predictions: Where Will Tron Go After Third Anniversary? appeared first on InvestorPlace.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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