Tron is a cryptocurrency which was issued and created on Ethereum network in 2017 but was later transferred to the Tron mainnet in 2018.As a cryptocurrency operating on Tron network, Tron coin can be transferred from one peer to another without involvement of centralized third part. Upon transaction being verified by Nodes running and operating the Tron network, the receiver will receive their Tron coin while the Nodes will benefit from the fees paid by the sender. The users who delegated their coins to several Nodes to use them to secure the network will also be rewarded.Because of this,Tron coin is being considered to be a decentralized cryptocurrency.Tron coin was created by Justin Sun who is a Chinese based self taught technologist with the main objective of making it a decentralized internet to help content creators to monetized from the data they create online.As a cryptocurrency, Tron coin can be used by different developers on Tron network to pay for hosting their Dapps over there as well as to create and issue the TRC20 token of their Dapp.One Tron user sending the Tron coin to another user can also use the coin to pay for fees so that the Nodes can accept the transaction on the Tron network thus making the receiver to receive the amount sent instantly. Tron coin is being abbreviated as TRX. In November 2017 when Tron conducted its first ICO, one Tron coin was going for $0.00186.Towards the end of 2017,Tron coin price managed to go as high as $0.0465.Towards the beginning of 2018 ,the price of one Tron coin rises further to $0.08. 4 days later the price managed to go the highest at a price of $0.23. Towards the end of 2018, the price again went down to $0.0196. When 2019 was starting, the price started trading at $0.0186. The price of Tron coin has managed to maintained that range such that it is currently trading at between $0.019 to $0.02. Its future price will be determined by several factors such as Dapps built on its network, its liquidity and consensus used. The Dapps built on the Tron network will affect the future price of Tron coin as follows;

Dapps built on the Tron network

Overtime, Tron coin has been increasing in price.When Tron conducted its ICO, one coin was going for $0.00186.The price then managed to go as high as $0.23 but later dropped to $0.0196. This increase in price has been due to an increase in the number of developers joining the platform to develop different Dapps ,ranging from social media to publishing platform to gaming platform to gambling platform and to Defi platform.In the near future, if these Dapps increases in numbers, then the Tron price will also increases while if these Dapps decreases in number then the price of Tron coin will also decline. Here are some of the Dapps being built on the Tron network that are determining the price of Tron coin;

-Gaming:Hypersnakes

-Gambling;wink

-Social Media:Trontweet

-Defi:Tronmax

In one year time from now, its bullish and bearish market based on these Dapps can further be explained as follows;

1. Tron bullish market based on the Dapps built on its network

In bullish market condition, the Tron coin will be moving in an upwards market direction.Since Tron coin was mainly created to become a utility coin for its native blockchain ,Tron network, its price has been tremendoulsy increasing overtime from $0.00186 to over $0.2 and back to $0.019. This increase in Tron price has been due to an increase in the number of developers shifting to Tron network to develop their Dapps over there since their Dapps will easily be monetized on the Tron network.In the near future, if more developers will join Tron network to develop over there because of favorable conditions such as low fees charged and more revenue from their Dapps created over there, the price can go as high as over $0.03.Here is how the future price analysis of the Tron coin based on an increase in the number of developers on the Tron network that will result to an increase in the number of Dapps built over there looks like;

From the candlesticks analysis of the Tron coin above, there are two points, point A and point B.Before point A,the price can be seen to have gone as high as $0.022.This increase in price is due to an increase in the number of developers to develop on the Tron network due to a favorable condition such as low fees charged and more monetization of their Dapps over there.The developers of those Dapps will then sell their earned Tron coin in several exchanges including the Tron Dex exchange thus causing the price to move a little bit downward to point A at a price of $0.019. Developers as well as users of Dapps created on the Tron network then create a demand of the Tron coin so that they can use the coin to perform several tasks such as paying for hosting those Dapps as well as paying for fees to transfer tokens of those Dapps from one address to another thus causing the price to move again upwards to point B .Towards the end of one year, if more developers will continue to increase in number at the Tron network because of an increase in favorable condition such as increase in monetization of their Dapps over there, then the Tron coin will increase its utility function thus causing its price to increase further to above point B.The price can go further and manage to reach over $0.03 in one year time. As an investor, if you want to benefit since there is possibility of developers to increase in number,then this is the right time to purchase Tron coin.

2.Tron bearish market based on Dapps built on its network.

In bearish market condition, the Tron coin will be moving in a downward market direction.Since Tron coin was mainly created to become a utility coin for its native blockchain ,Tron network, its price has been tremendoulsy increasing overtime from $0.00186 to over $0.2 and back to $0.019. This increase in Tron price has been due to an increase in the number of developers shifting to Tron network to develop their Dapps over there since their Dapps will easily be monetized on the Tron network.In the near future, if developers will start leaving Tron network to develop to other blockchain network because of unfavorable conditions on Tron network such as high fees charged and decline in revenue from their Dapps created over there, the price can go as low as below$0.015.Here is how the future price analysis of the Tron coin based on a decrease in the number of developers on the Tron network that will result to a decrease in the number of Dapps built over there looks like;

From the candlesticks analysis of the Tron coin above, there are two points, point A and point B.Before point A,the price can be seen to have gone as low as $0.019.This decrease in price is due to a decrease in the number of developers to develop on the Tron network due to a unfavorable condition such as high fees charged and decline in monetization of their Dapps over there.The developers of those Dapps will then buy some Tron coin in several exchanges including Tron Dex exchange so that they can use the coin to perform several task like to pay for hosting of their Dapps as well as to pay for transaction of transfering Dapps token from one address to another thus causing the price to move a little bit upward to point A at a price of $0.022. Developers as well as users of Dapps created on the Tron network continue to exit the Tron network because their income is declining much further as well as the fees charged is also inclining more thus causing the price to move again downwards to point B .Towards the end of one year, if more developers will continue to decrease in number at the Tron network and start looking for another network because of an increase in unfavorable condition such as decrease in monetization of their Dapps over there, then the Tron coin will decline its utility function thus causing its price to decline further to below point B.The price can go down further and manage to reach below $0.015 in one year time. As an investor,If you have been holding Tron coin and you have doubt of such occurence to happen then this is the right time to sell.

Summary

An increase in the number of developers to develop on the Tron network will result to an increase in the number of Dapps over there thus resulting to an increase in the price of the Tron coin.On the other hand, a decrease in the number of developers from Tron network will result to a decrease in the number of Dapps created over there thus resulting to a decrease in the price of Tron coin overtime.An increase in developers to build over Tron network will be due to an increase in its monetization programme as well as decrease in gas fees while a decrease in developers to build on the Tron network will be due to an increase in gas fees as well as a decrease in its monetization program.