TRON Price Prediction

tron

What Is TRON (TRX)?


TRON is a blockchain-based operating system that aims to ensure this technology is suitable for daily use. Whereas Bitcoin can handle up to six transactions per second, and Ethereum up to 25, TRON claims that its network has capacity for 2,000 TPS.

To learn more about this project, check out our deep dive of Tron.

This project is best described as a decentralized platform focused on content sharing and entertainment – and to this end, one of its biggest acquisitions was the file sharing service BitTorrent back in 2018.

Overall, TRON has divided its goals into six phases. These include delivering simple distributed file sharing, driving content creation through financial rewards, allowing content creators to launch their own personal tokens and decentralizing the gaming industry.

TRON is also one of the most popular blockchains for building DApps.

Who Are the Founders of TRON?


TRON was founded by Justin Sun, who now serves as CEO. Educated at Peking University and the University of Pennsylvania, he was recognized by Forbes Asia in its 30 Under 30 series for entrepreneurs.

Born in 1990, he was also associated with Ripple in the past – serving as its chief representative in the Greater China area.

What Makes TRON Unique?


TRON has positioned itself as an environment where content creators can connect with their audiences directly. By eliminating centralized platforms – whether they are streaming services, app stores or music sites – it is hoped that creators won’t end up losing as much commission to middlemen. In turn, this could also make content less expensive for consumers. Given how the entertainment sector is increasingly becoming digitized, TRON could have a headstart in applying blockchain technology to this industry.

The company also says that it has a talented and experienced developer team, based around the world, that has been drawn from major companies such as Ripple Labs.

Last but not least, whereas some other blockchain projects can be opaque about their plans for development, TRON offers a point of difference by delivering a roadmap that shows its intentions for the coming years.

TRON Price Prediction

tron price

TRON Past Price Analysis


According to the latest data gathered, the current price of TRON is $0.094 and TRX is currently ranked # in the entire crypto ecosystem. The circulation supply of TRON is 71,659,657,369 with a marketcap of $6,753,814,414.

In the past 24 hours, the crypto has been decreased by -5.49% in its current value. If we compare the current market cap of the TRX with yesterday’s, you can see that the market cap is also down.

TRON is facing a hard time getting on board with other crypto coins. The TRX is down to almost -9.97% in the last 7 days. The coin is still showing risking framing segments for past few days, the coin might have strong fundamentals but, we don’t think that it would a profitable asset in short term.

Within the last one month, the price of TRX decreased by -6.685%, eliminating a whopping average sum of $0.007 from its current value. This sudden down means that the coin is in dip right now, meaning that it can be a good buy opportunity for quick investment.

The 90 days price change is around 9.55% and the price circulated from a minimum average price of $0.085 to maximum average price of $0.092 in the past 90 days.

In Last 4 months TRON has shown a growing trend. Thus, we think that similar parts of the market were quite popular at that period. According to the latest data collected, the trading volume of TRON is increased from 4 months. The trading volume constitutes a vital role in its price.
The coin is up by 36.15% with the maximum average price of the coin was around $0.058 and the minimum average price of was around $0.056 in past 4 months.

TRON (TRX) Price Prediction/Forecast


At PricePrediction.Net we predict future TRON price predictions/TRX forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of TRON. We do our best to collect maximum historical data for the TRX coin which include multiple parameters like past price, TRON marketcap, TRON volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.

TRON Price Prediction 2021

According to our deep technical analysis on past price data of TRX, In 2021 the price of TRON is predicted to reach at a minimum level of $0.090. The TRX price can reach a maximum level of $0.10 with the average trading price of $0.099.

TRON Price Prediction 2022

The price of TRON is predicted to reach at a minimum level of $0.13 in 2022. The TRON price can reach a maximum level of $0.17 with the average price of $0.14 throughout 2022.

TRX Price Forecast for 2023-2024

As per the forecast price and technical analysis, In 2023 the price of TRON is predicted to reach at a minimum level of $0.19. The TRX price can reach a maximum level of $0.23 with the average trading price of $0.19.

The price of 1 TRON is expected to reach at a minimum level of $0.27 in 2024. The TRX price can reach a maximum level of $0.32 with the average price of $0.28 throughout 2024.

TRON Price Prediction 2025

TRON price is forecast to reach a lowest possible level of $0.39 in 2025. As per our findings, the TRX price could reach a maximum possible level of $0.48 with the average forecast price of $0.40.

TRON Price Prediction 2026

According to our deep technical analysis on past price data of TRX, In 2026 the price of TRON is forecasted to be at around a minimum value of $0.57. The TRON price value can reach a maximum of $0.69 with the average trading value of $0.59 in USD.

TRON (TRX) Price Prediction 2027

The price of TRON is predicted to reach at a minimum value of $0.87 in 2027. The TRON price could reach a maximum value of $1.01 with the average trading price of $0.90 throughout 2027.

TRON Price Prediction/Forecast 2028

As per the forecast and technical analysis, In 2028 the price of TRON is expected to reach at a minimum price value of $1.24. The TRX price can reach a maximum price value of $1.52 with the average value of $1.28.

TRON (TRX) Price Prediction 2029

The price of TRON is predicted to reach at a minimum value of $1.86 in 2029. The TRON price could reach a maximum value of $2.19 with the average trading price of $1.91 throughout 2029.

TRON Price Prediction 2030

TRON price is forecast to reach a lowest possible level of $2.65 in 2030. As per our findings, the TRX price could reach a maximum possible level of $3.19 with the average forecast price of $2.75.

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How Many TRON (TRX) Coins Are There in Circulation?


TRON has a total supply of just over 100 billion tokens – and at the time of writing, about 71.6 billion of these are in circulation.

When a token sale was held in 2017, 15.75 billion TRX was allocated to private investors, while an additional 40 billion were earmarked for initial coin offering participants. The Tron Foundation was given 34 billion, and a company owned by Justin Sun got 10 billion.

All in all, this meant that 45% of TRX supply went to the founder and the project itself, while 55% was distributed among investors. Critics argue that this is a much higher ratio than what has been seen with other cryptocurrency projects.

How Is the TRON Network Secured?

TRON uses a consensus mechanism that is known as delegated proof-of-stake.

TRX owners can freeze their cryptocurrency in order to get Tron Power, which means that they can vote for “super representatives” who serve as block producers.

These block producers receive TRX rewards in exchange for verifying transactions, and these rewards are then distributed among the people who voted for them.

According to TRON, this approach helps its blockchain to achieve higher levels of throughput.

Where Can You Buy TRON (TRX)?

It is possible to buy Tron from dozens of the exchanges it is listed on – including Poloniex, Bancor, KuCoin, Binance, Bitfinex, Coinbene and others. However, it is not supported by Coinbase.

Learn about converting your fiat to Bitcoin here – the perfect gateway to purchasing altcoins.