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Tron Outperforms Crypto Market, Binance Announces New Token Sale and 5 Bitcoin Price Predictions

by Daily Hodl Staff
February 1, 2019
in Altcoins

Tron Outperforms in January

Tron is off to a fast start in 2019, far outperforming all other coins in the top 10.

In the last 30 days, the price of TRX is up 35%, according to the latest data from WorldCoinIndex. By comparison, Bitcoin lost 9%, Ethereum dropped 23%, XRP fell 14%, EOS dipped 12%, Bitcoin Cash fell 29%, Litecoin gained 1%, Stellar dropped 29% and Bitcoin SV fell 29%.

Tron’s BitTorrent Token (BTT) sale on Binance Launchpad sold out in about 14 minutes, and kept Tron in the headlines throughout the month.

New Token Sale on Binance

Binance Launchpad, a token sale platform, is now gearing up for its second sale.

The leading crypto exchange says it will launch the Fetch.Ai token sale at the end of the month. Fetch is working to use blockchain technology to give companies new ways to manage supply chains and energy consumption.

https://t.co/YigjTsj3Cy tokens (FET) will be available for public sale exclusively on #Binance Launchpad from 2pm (UTC) 25 February 2019.https://t.co/RjS0tS4qJ7

For more updates, join @fetch_ai's Telegram community ? https://t.co/Fgve0tjznP pic.twitter.com/Wjj0KhJcJI

— Fetch.ai (@Fetch_ai) February 1, 2019

Bitcoin Price Predictions

Morgan Creek Digital Founder Anthony Pompliano offers his outlook on where Bitcoin is headed. He believes BTC needs to dip below $3,000 before a turnaround.

Fundstrat’s head of research Tom Lee says he still sees Bitcoin going to $25,000, but doesn’t have a timeline on when it might happen.

In a recent interview on the On the Record crypto podcast, technical analyst Murad Mahmudov predicts a recovery to all-time highs in late 2020.

Chinese crypto billionaire Zhao Dong recently explained why he sees Bitcoin reaching $50,000 in three years, and co-founder of BTC China, Bobby Lee, makes a case for Bitcoin at $333,333 by the end of 2021.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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