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 , is just part of the reason for the enthusiasm around TRX-USD.
As enthusiasm for NFTs continues, high-profile collaborations have continued to garner interest. American actress Lindsay Lohan has had multiple previous NFT sales, and
: 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 ; 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:
- Trading Beasts says TRX-USD could reach 10.1 cents by the end of April and slowly expand to 10.3 cents by the end of September.
- WalletInvestor has a Tron (TRX) .
- Ripple News says Tron could average 9.3 cents by the end of 2022. It has a Tron (TRX) price prediction of and $1 by the end of 2025.
- CoinSwitch has a price target of 54 cents for TRX-USD at the end of 2023. Its Tron (TRX) price prediction for 2025 is 76 cents, and it says Tron .
On the date of publication, Vivian Medithi did not have (either directly or indirectly) any positions in the securities mentioned in this article.
