At the time of writing, TRON is the 22nd largest coin in the market in terms of this. Market cap. Currency with a standing at $0.08 USD. Market capitalization of $9B. It has all the features that modern blockchain enthusiasts love, and if all goes well, it could potentially be a competitor. Ethereum in the coming years.
Is the hype real? And, more importantly for you, should you consider investing in it. altcoin? Let’s take a look. TRON And analyze its value. Estimates to date for the next eight years.
What is Tron (TRX)?
TRON is a blockchain-based platform that provides something called a “decentralized internet”. The TRON project aims to “decentralize the web”, by eliminating middlemen and allowing content creators to reduce the hefty commissions that owners charge from platforms such as Google Play, YouTube and iTunes. Provides strength. It aims to power digital entertainment, which can be seen as a small business niche compared to the financial sector, for example, which has a lot of money coming in.
Tron (TRX) price history
Tron was brought into the limelight in 2018 and attracted tens of thousands of users who became interested in the project. The timing of their arrival in the market can be considered a bit unfortunate due to the massive market crash that shook the resolve of many crypto investors.
After the first ICO on August 30, 2017, TRON introduced tokens on exchanges, and users could start buying them. During the 2018 bull run, TRON reached $0.3. But, due to the overall market crash, it soon went down to $0.03. It is important to note that all coins have been affected during this crash and it has no impact on TRON’s reputation. The price experienced minor fluctuations until April 2021, when it rose to $0.16 due to another bullish period. Then, the price stabilized around $0.7-0.8.
Tron (TRX) Price Prediction 2022
TRON’s current price is hovering around $0.08-0.09, but predictions show bright days ahead. According to Wallet Investor, TRX is predicted to double its value in 2022, hitting an all-time high of $0.18 by the end of 2022. The important thing to consider is that the entire crypto market is currently tied to the price of Bitcoin. If the price of Bitcoin is stable or increases, it will be a good thing for TRON holders.
Tron (TRX) Price Prediction 2023
Coin Switch Predicts that TRX price is expected to increase in 2023, with a maximum trading price of $0.22. This is considerably less bullish but would still represent 2x our price today. Coinpedia The coin is expected to explode in 2023, with the coin likely to hit the $1 mark depending on the overall state of the market. Most predictions, however, place the coin between $0.20 and $0.30 on average.
Tron (TRX) Price Prediction 2025-2030 Years
There are signs that the cryptocurrency market will enter a new, more prosperous era. Some have predicted that TRX’s…