![]() People who bought Tron initially have seen remarkable growth over the years. Tron coin price history chart Is Tron a good investment? Since then, the TRX coin price has jumped by more than 640%, as shown below. It was a 97% crash from its all-time high. At the time, Tron was among the top ten of the biggest cryptocurrencies in the world.Īfter soaring to its all-time high, the Tron price started a slow decline that pushed it to a low of $0.007. The coin’s price initially jumped to an all-time high of $0.2832 in December 2017. The TRX price has had a roller-coaster in the past four years. In February, Justin Sun will make a presentation in which he will talk about the integration of SunSwap and Sun.IO. However, some of the most important news happened in 2021.įor example, in November, Justin Sun’s Tron Foundation acquired SunSwap, which has now become a leading DeFi player in the ecosystem. Unlike most cryptocurrencies, Tron rarely makes headlines. On the other hand, Tron places the TVL at about $7.7 billion. This TVL is for the apps built using Tron’s technology. As shown below, this price is substantially lower than its all-time high of more than $4.8 billion. As mentioned above, DeFi Llama places the TVL of Tron at about $3.8 billion. The TVL is defined as the amount of assets that are being staked in a protocol. Tron DeFi projects What is the Tron total value locked? In addition, in the final week of January, the network had more than 23.6 million new transactions. According to TronScan, more than 73.7 million accounts are now on the mainnet. JustLend has a TVL of more than $1.5 billion, while JustCryptos has a TVL of more than $1.1 billion.Īnother part of the Tron ecosystem is the number of users. The Tron ecosystem is made up of apps like JustLend, JustCryptos, SunSwap, JustStables, and Sun.Io. In addition, these apps have a total value locked (TVL) of more than $3.9 billion, making it the 8th biggest network. For example, data compiled by DeFi Llama shows that there are now about eight apps built using Tron. Part of the reason why the TRX price jumped sharply in 2021 was that the Tron ecosystem has been growing. Tron DEFI ecosystem | Projects built in Tron ![]() So, is Justin Sun a billionaire? Unfortunately, Justin Sun is likely not a billionaire since the Tron and BitTorrent prices have fallen. Therefore, in estimation, Justin Sun has a net worth of more than $500 million. Today, the BTT token is worth more than $2 billion. Meanwhile, Sun also owns BitTorrent, a company he bought for $180 million. Since the Tron price has declined recently, the total holding is worth approximately $1.8 billion. Sun and the Tron Foundation owns about 30 billion TRX. In a previous interview, he said that he held about 6% of all Tron in circulation. It is a bit difficult to estimate Justin Sun net worth. In 2021 alone, he spent more than $100 million on art collections. Justin Sun is also an avid art collector.
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