Using this buy in point and selling at today's current price you would have expected to net 12.14% PROFIT!!!
The increase in price may also be explained by positive developments including:
14 April: TRON launches Project Genesis: a reward pool totaling $2 billion USD and a variety of programs—all for the TRON community and developers.
21 April: TRON airdrops 30M TRX -0.54% Ethereum 0.72% holders.
24 April: TRON starts trading on Bittrex.
8 May: TRON Mainnet Odyssey-v.1.0.6 is released.
9 May: TRON announces that they have more than 1.08 million users.
10 May: TRON announces that their 30 Million TRX -0.54% Token Airdrop is Complete.
12 May: TRON announces that will be launch TronVM v.0.1 on the 25th May. This version will be fully compatible with the Ethereum 0.72% VM allowing Ethereum 0.72% developers to use an adapter to migrate seamlessly from Ethereum 0.72% dApp projects to TRON.
May 14: TRX -0.54% ranked first in code submissions in the last seven days, last 30 days, last 60 days
(NEW) May 18: Tronscan V2 explorer is released that offers a brand new design, the possibility to search on our blockchain & get a snapshot of its development, vote & follow the activity of the Super Representative candidates.
May 31: TRON announces launch of Mainnet.
June 1: TRON announces USD$10 million bug bounty program.
June 2: CTO Lucien Chen: “By adopting an enhanced DPoS consensus mechanism - TPoS - TRON TPS (transactions per second) is several hundred times of that of Ethereum 0.72% .
June 3: IndoDax lists TRON ( TRX -0.54% ) and allows trading via $TRX/$Rp pairs. This follows TRON's expansion into Indonesia.
une 7: TRON announces Partnership with Shift Markets. Shift has been helping with the launch of over 100 FX brokers and over 50 crypto exchanges in the past decade. With this partnership, TRX -0.54% will be bridging the gap between traditional fiat currencies and cryptocurrencies. This will also increase its liquidity not only the crypto-markets, but also the traditional Forex markets that deal with global currencies. TRON will now be offered by a total of 9 brokers in 9 different countries.
June 11: Binance adds TRX/USDT trading pair and announces support for TRON mainnet swap.
June 12: Ledger (makers of the Ledger Nano 0.32% S cryptocurrency wallet) announce intention to support TRX -0.54% on their wallets.
June 12: Trade Satoshi lists TRON.
June 14: TRON notes that 25 cryptocurrency exchanges will be supporting the TRON Migration of June 24.
June 14: TronWallet an open source crypto wallet gets released.
June 18: Justin Sun acquires BitTorrent for $140 million. It is assumed that TRON, the digital cryptocurrency will be used to power the file-sharing app rewarding users for partaking in various activities similar to how Upfiring aims to utilise the blockchain for P2P file sharing.
July 19: Nano Ledger S adds support for Tron.
July 22: Changelly adds support for Tron.
(NEW) July 25: Tron Foundation Officially Completes Acquisition of BitTorrent
(NEW) July 27: Justin Sun announces that Tron Virtual Machine Testnet will be launced by the end of the month.
The general uptrend in the crypto markets as well as the positive developments outline above - in particular the purchase of Bittorrent and the potential addition of 170 million users to the TRON blockchain.
***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***