![]() On the date of publication, Vivian Medithi did not have (either directly or indirectly) any positions in the securities mentioned in this article. Its Tron (TRX) price prediction for 2025 is 76 cents, and it says Tron could climb to $1.00 by the end of 2030. CoinSwitch has a price target of 54 cents for TRX-USD at the end of 2023. Tron (TRX) is a popular decentralized blockchain and peer-to-peer network technology sharing platform.It has a Tron (TRX) price prediction of 54 cents to 60 cents by the end of 2023 and $1 by the end of 2025. Ripple News says Tron could average 9.3 cents by the end of 2022.WalletInvestor has a Tron (TRX) price prediction of 16.8 cents in the next year.Trading Beasts says TRX-USD could reach 10.1 cents by the end of April and slowly expand to 10.3 cents by the end of September.By eliminating the middleman, the customer pays less and the producers pocket more.Ĭurrently trading for 8.6 cents, where do Tron and TRX-USD go from here? Here are some Tron (TRX) price predictions: So, instead of paying a streaming service to watch a movie, you might pay the production company directly. Tron is a blockchain platform seeking to transform entertainment and media by eliminating middlemen between content makers and content consumers. Meanwhile, just yesterday Tron CEO and founder Justin Sun unveiled plans for an NFT investment fund Sun is a notable NFT collector in his own right, recently purchasing works by digital artist Beeple, among others. American actress Lindsay Lohan has had multiple previous NFT sales, and she isn’t the only celebrity associated with TRX-USD: Rappers Swae Lee and Tyga, among others, are also on board to mint NFTs on the Tron blockchain. Furthermore, in the first half of the year, the coin’s market capitalization witnessed a decline from $7.77 billion to $5.85 billion.Source: Marko Aliaksandr/Īs enthusiasm for NFTs continues, high-profile collaborations have continued to garner interest. Over the six-month period, the coin registered a 9% drop in its price. After touching a high of $0.088 on 1 June, the price per TRON coin took on a steady decline, and the coin ended the first half of the year with a price of $0.068. Finally, the bulls were able to take over and the token closed May at a high of $0.081. Within the first few weeks in May, the bulls initiated a price rally that saw the coin mark a spot at $0.08. Already on a downward trend, the cryptocurrency market bloodbath of April made it worse as the price per token touched a low of $0.05. TRON started the trading year with an index price of $0.075. Tron’s TRX price could be setting up for another bull run. Invalidation of the uptrend thesis is a breach of the swing lows at 0.06. The Volume Profile Indicator shows the bearish downtrend may have ended. ![]() In light of the growth of the TRON Network in the last six months, how did its native, TRX fare? Steady growth in price TRX price finds support above the recently breached 8- and 21-day simple moving averages. The blockchain had a total locked volume (TVL) of 3,917,8181, 257 with the highest TVL in the first half of 2022 besides the Ethereum chain.Ĭurrently ranked at #13 on CoinMarketCap’s list of crypto assets with the largest market capitalization, TRX, the network’s native coin stood at a market capitalization of $6.35 billion. According to data from blockchain analytics platform, Coin98, the TRON Blockchain ranked second on the list of top 10 blockchains. Housing over 100,000,000 accounts, the network has witnessed a transaction count of 3,481,985,024. The TRON Blockchain has made tremendous progress since its launch.
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