What is the issuance price of Tron Coin?

The issuance price of Tron currency is US$0.0019; the ICO stage raised funds of US$71.6 million, with a total issuance of 100 billion TRX; it later experienced bull market, bear market, recovery and other stages; factors affecting the price include market sentiment, founders Controversies, project developments and competitor performance.

The issuance price of TRON Coin

The issuance price of TRON Coin (TRX) is0.0019 USD, sold via an Initial Coin Offering (ICO) on June 25, 2017.

ICO Details

• Date: June 25, 2017 to July 1, 2017
• Total funds raised: 71.6 million US dollars
• Total amount of tokens issued: 100 billion TRX
• Issuance price: 0.0019 USD/TRX

Post-ICO price changes

After the ICO, the price of TRON went through several major stages:

• 2017 Bull Run: Tron’s price surged to a high of $0.23, making it a top 10 cryptocurrency by market capitalization.
• 2018 Bear Market: As the cryptocurrency market collapsed, the price of Tron fell below $0.01.
• 2019 Recovery: Tron’s price rebounded from the lows to reach $0.04 in late 2019.
• 2021 Bull Run: Tron surged again, reaching a high of $0.17 in April 2021.

Factors affecting price

The price of Tron currency is affected by a variety of factors, including:

• Market sentiment
• Controversy of founder Justin Sun
• Project development and technological progress
• Competitor performance

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