Tron now holds the 6th largest marketcap.
The hot new cryptocurrency has shot from $0.04 to $0.25 in the new year alone, beating out favorites like Stellar, Litecoin and now NEM.
Many traders have noticed a new trend of cheap priced, high-supply coins becoming popular investment choices, as Tron follows the path of Ripple, Cardano, and Stellar over recent days and weeks.
Tron’s price has ramped up following a tweet from founder Justin Sun early Thursday that the company “will announce our partnership with a very prestigious public company next week.”
— Justin Sun (@justinsuntron) January 2, 2018
We will announce our partnership with a very prestigious public listed company next week. Looking forward to it!
— Justin Sun (@justinsuntron) January 4, 2018
How far can the FOMO take it? With big news on the horizon and word spreading, who knows how high it will climb. Tron to $1? Lookout Cardano 😉