I've been cramming like crazy to come up to speed in the world of cryptocurrencies and I believe that Tron is going to be a big winner. I think it has the potential to reach $5 based on a growing market cap for cyrpto currencies and their plans for their ecosystem.
They claim:
- To allow users to freely store and or publish and (most importantly) always own their data
- This will be done a de-centralized environment going head-to-head and undercutting the big boys like Google Play and Apple's app store.
- They are currently running on the Ethereum backbone but will have their own unique ecosystem in the near future.
I believe $5 is possible.
For this Tron coin, though it was just founded last year 2017 and my opinion is that it may reach $5 but not in 3 years time. It may take a while to attain such goal since it needs to prove the investors that is worth investing for this coin. A basic economic theory that contributes to the rise of any altcoin is that the financial value of anything is reflected in its fair market price, which in turn is a contemplation of supply and demand, the price of a currency is dictated by it's supply. The scarce the altcoin is the more valuable it is. Anyways, everything is possible so just hope for the best to come in the coming years.