Will Tron reach $5, $10, $100? Prediction Analysis

Article Coverage: Tron Performance in Last 12 Months, Latest Tron News, Is Tron a Good Investment? Tron Price Prediction Today, Tron Price Prediction 2024 to 2030

Latest Tron Price (USD)

Tron Price Performance so far

Last 7 Days-1.6%
Last 1 Month-16.0%
Last 12 Months+76.3%

Tron – Buy or Sell, Crowd Poll

  • Aug 8th+34.0%
  • Sept 11th: +39.0%
  • Nov 1st: +24.4%
  • Jan 5th: +31.1%
  • Feb 23rd: +32.5%
  • Mar 29th: +29.0%

What are the Signals and Predictions?

UTC: Apr 24th, 2024 03:05 PM
Overall OutlookNeutral
1. Market's WisdomPartially Bullish
1a. Market DataNeutral
1b. Technical RecommendationBuy
2. Crowd's WisdomNeutral
2a. Social Media BuzzSteady
2b. Social Media SentimentSteady

UTC: Apr 24th, 2024 12:17 PM

  • TRX Tron Price Prediction in the next 24 hours is between $0.113 and $0.115
  • TRX Tron Price Prediction this week is between $0.111 and $0.115

Tron Price Prediction 2024-2025-2030, Aggregated

  • TRX Tron Price Prediction 2024 is $0.141
  • TRX Tron Price Prediction 2025 is $0.184
  • TRX Tron Price Prediction 2026 is $0.249
  • TRX Tron Price Prediction 2027 is $0.335
  • TRX Tron Price Prediction 2028 is $0.404
  • TRX Tron Price Prediction 2029 is $0.534
  • TRX Tron Price Prediction 2030 is $0.759

Investors commonly question if Tron’s value will reach $10, or $100 and how long it might take. Answering these requires a thorough analysis of various factors such as price movements, competitor analysis, and market trends.

Will Tron reach $10?

Yes, Tron could reach $10 if 75-90% of the Tokens were destroyed.

For Tron to reach $10, it would need to increase by a factor of 85. At $10, Tron’s Market Cap will be $876.4 billion. If Tron were to grow at a rate of 25% each year, it would take about 20 years to reach $10. Let us evaluate this data

  • Quality of Investment– Good
  • Time and Growth required to reach $10– Not Feasible
  • Market Cap at $10– Not Feasible

Considering the criteria Quality of Investment, growth required, and time required, Tron has a low chance of reaching $10.

Will Tron reach $20?

No, Tron will never reach $20 as the Market Cap requirement is huge.

For Tron to reach $20, it would need to increase by a factor of 171. At $20, Tron’s Market Cap will be $1.75 Trillion. If Tron were to grow at a rate of 25% each year, it would take about 23.5 years to reach $20. Let us evaluate this data

  • Quality of Investment– Good
  • Time and Growth required to reach $20– Not Feasible
  • Market Cap at $20– Not Feasible

Considering the criteria Quality of Investment, growth required, and time required, Tron has no chance to reach $20.

Will Tron reach $100?

No, Tron will never reach $100.

For Tron to reach $100, it would need to increase by a factor of 853. At $100, Tron’s Market Cap will be $8.7 trillion. If Tron were to grow at a rate of 25% each year, it would take about 31 years to reach $100. Let us evaluate this data

  • Quality of Investment– Good
  • Time and Growth required to reach $100– Not Feasible
  • Market Cap at $100– Not Feasible

Considering the criteria Quality of Investment, growth required, and time required, Tron has no chance to reach $100.

Can Tron reach $1?

For Tron to reach $1, it would need to increase by a factor of 9. At $1, Tron’s Market Cap will be $87.6 billion. If Tron were to grow at a rate of 25% each year, it would take about 10 years to reach $1. Let us evaluate this data

  • Quality of Investment– Good
  • Growth required to reach $1– Feasible
  • Market Cap at $1– Moderately Feasible

Considering the criteria Quality of Investment, growth required, and time required, Tron has a good chance to reach $1.

Can Tron reach $5?

For Tron to reach $5, it would need to rise 43 times. At $5, Tron’s Market Cap will be $438.2 billion.

So while it is impossible to predict how a Cryptocurrency will perform in the future. If we assume Tron will grow at an average rate of 25% every year, it would take Tron 17 years to reach $5. It took BTC 7 years to rise from a $7B market cap to a $500B market cap, it took Ethereum 4 years. In that context, 11 years is not unreasonable. With an active burn program on Tron, this could be faster.

Caveat: It is impossible to predict how Tron will tackle future challenges. They have some management perception challenges as well. But as things stand today $5 is feasible but it is not a guarantee.

Tron Price Prediction: Is Tron a Good Investment?

Tron is a blockchain-based operating system that aims to provide complete ownership to digital content creators. Tron primarily aims to revolutionize digital content sharing and entertainment. In other words, its motive is to create a digital content entertainment platform that can help users to share their digital content easily and cost-effectively.

Tron’s Delegated Proof of Stake (DPoS) is a consensus mechanism where token holders stake their tokens to become delegates who are responsible for creating new blocks and validating transactions. These validators are voted into power by the token holders in the network, who can use their voting power to select who will represent them. There are 27 Super Representatives (SRs) who are voted in by token holders who freeze their accounts.

How is Tron Different from Others?

  • TRON supports multiple language extensions as it uses Google Protocol Buffers. Google Protocol Buffers help in developing programs in order to communicate with each other over a network. It also helps in storing data.
  • TRON helps in executing programs using an international network of public nodes. It can do so using a decentralized virtual machine.
  • TRON network offers a zero transaction fee and can execute over 2000 transactions per second.
  • The implementation of the TRON network also requires minimal fees.

Overall, Tron is a solid use case with strengths in DeFi with some presence in gaming and Payments. We believe, given its strength in DeFi, Tron is a good case for investment.

Also Read: Where can I stake my Tron?

~Charu Taneja

Note: Please consult a registered investment advisor to guide you on your financial decisions.