Welcome back for another update of Crypto nights with 
and 
. Today we look at Tron which has been making a number of headlines in recent weeks and appears to be recognized as “coin to look out for in 2018”.
What is Tron?
In recent week’s Tron has enjoyed a lot of growth, but has also been surrounded by a lot of controversy. Described as digital entertainment technology on the Blockchain. The users control the data, goods, services and currency. Put simply, Tron wants to be the decentralized peer-to-peer version of Itunes. The Tron token is be used within the Peer-to-peer network for buying entertainment thus in effect making it more cost effective for the user.
Recent behavior
As you can see Tron is a relatively new coin, having only ended it’s ICO in September. However, at the beginning of the New Year the coin began to pick up momentum, achieving an all time high of 30 Cents on the 5th January 2017. Since this peak, the coin has had a pullback and is currently value at 10 cents, however it remains in the top 15 coins as positioned on coinmarketcap.com.
Potential?
Recent endorsements from China definitely caused a surge in price at the start of the year. Effectively the Chinese government endorsed a company affiliated with Tron Labs with a preferential status. This has been interpreted as meaning that China is encouraging the fusion of block chain technologies and digital entertainment/social media. Only time will tell with how far this helps Tron but it did seem to have a positive impact on the market value of Tron.
Plagarism
A potential factor in the recent price drop for Tron could possible be related to allegations that Tron plagiarised it’s White Paper. It was recently noticed by members of the crypto-community that there were some key similarities between Tron’s White Paper and other p2p documentation. Other factors can also include Chinas attempt to ban mining and the recent price surge of Ethereum.
Price prediction
When examining 
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