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- Feb 9, 2025
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If TRX (Tron) just hit its first target, the real question is how much more upside it has and how your position size factors in. Let's break it down:
1. Position Size & Capital
To become a millionaire from TRX, your holdings need to appreciate significantly. If you:
Hold $10,000 worth of TRX, it needs to 100x to make $1M.
Hold $100,000 worth, it only needs to 10x.
Hold $1M already, even a small 2x move could do it.
2. TRX’s Growth Potential
TRX is currently around $0.14-$0.15 (if recent data holds).
Its all-time high (ATH) was ~$0.30 in 2018.
A 2x-3x move could push it near its ATH, but for massive gains, it would need a parabolic run like in 2017.
3. Market Conditions
If the overall crypto bull run continues, TRX could ride the wave.
However, TRX isn’t the hottest asset right now (compared to SOL, ETH, etc.).
If Bitcoin leads a new altcoin season, TRX could see significant gains, but 100x+ moves are rare in large-cap coins.
Final Thought
If you’re holding a large TRX position, you could make a lot, but becoming a millionaire depends on your entry price and TRX’s future growth. If you’re looking for short-term trade setups, I can chart the next resistance levels. Want me to check?
1. Position Size & Capital
To become a millionaire from TRX, your holdings need to appreciate significantly. If you:
Hold $10,000 worth of TRX, it needs to 100x to make $1M.
Hold $100,000 worth, it only needs to 10x.
Hold $1M already, even a small 2x move could do it.
2. TRX’s Growth Potential
TRX is currently around $0.14-$0.15 (if recent data holds).
Its all-time high (ATH) was ~$0.30 in 2018.
A 2x-3x move could push it near its ATH, but for massive gains, it would need a parabolic run like in 2017.
3. Market Conditions
If the overall crypto bull run continues, TRX could ride the wave.
However, TRX isn’t the hottest asset right now (compared to SOL, ETH, etc.).
If Bitcoin leads a new altcoin season, TRX could see significant gains, but 100x+ moves are rare in large-cap coins.
Final Thought
If you’re holding a large TRX position, you could make a lot, but becoming a millionaire depends on your entry price and TRX’s future growth. If you’re looking for short-term trade setups, I can chart the next resistance levels. Want me to check?
