Tron Outperforms Crypto Market, Binance Announces New Token Sale and 5 Bitcoin Price Predictions
Tron Outperforms in January
Tron is off to a fast start in 2019, far outperforming all other coins in the top 10.
In the last 30 days, the price of TRX is up 35%, according to the latest data from WorldCoinIndex. By comparison, Bitcoin lost 9%, Ethereum dropped 23%, XRP fell 14%, EOS dipped 12%, Bitcoin Cash fell 29%, Litecoin gained 1%, Stellar dropped 29% and Bitcoin SV fell 29%.
Tron’s BitTorrent Token (BTT) sale on Binance Launchpad sold out in about 14 minutes, and kept Tron in the headlines throughout the month.
New Token Sale on Binance
Binance Launchpad, a token sale platform, is now gearing up for its second sale.
The leading crypto exchange says it will launch the Fetch.Ai token sale at the end of the month. Fetch is working to use blockchain technology to give companies new ways to manage supply chains and energy consumption.
Bitcoin Price Predictions
Morgan Creek Digital Founder Anthony Pompliano offers his outlook on where Bitcoin is headed. He believes BTC needs to dip below $3,000 before a turnaround.
Fundstrat’s head of research Tom Lee says he still sees Bitcoin going to $25,000, but doesn’t have a timeline on when it might happen.
In a recent interview on the On the Record crypto podcast, technical analyst Murad Mahmudov predicts a recovery to all-time highs in late 2020.
Chinese crypto billionaire Zhao Dong recently explained why he sees Bitcoin reaching $50,000 in three years, and co-founder of BTC China, Bobby Lee, makes a case for Bitcoin at $333,333 by the end of 2021.