The cryptocurrency market has seen hundreds of new assets every day. While some have managed to brave through the volatile winds of the market, a few others have faded away. There’s another category of altcoins that are nothing but mere scams. But one asset that has stood out is Tron’s TRX. Justin Sun of the TRON Foundation officially launched TRX in September 2017. The project started off as an ERC-20 token on the Ethereum blockchain before moving to its own separate TRON mainnet. This further went live on June 25, 2018, a day that the community frequently refers to as “Independence Day.”
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How Much Has Tron’s TRX Grown Throughout The Years?
Since 2018, the cryptocurrency has witnessed a massive uptick of 12382.14%. During its launch, TRX went from trading at a low of $0.00205 all the way to a high of $0.4407. The altcoin hit this peak about four months ago in December of 2024. The asset is currently 42% below this milestone.
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At the time of writing, the altcoin was trading at $0.2560. This comes after a 3.48% throughout the past 24 hours. Just earlier today, TRX was priced at a low of $0.2467 before moving towards a high of $0.2588. Justin Sun’s asset was among the very few in the market that was pocketing notable gains in the past day.
Looking Back At A $5,000 Investment
Given that TRX is presently selling at $0.2560, an investor who invested $5,000 in the company when it was only worth $0.00205 would now have an investment of around $624,390.24. In addition, the investment in TRX would have increased by almost 12,388%. This outstanding return demonstrates the revolutionary potential of early cryptocurrency investments in up-and-coming initiatives like TRON.
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