Tron Price Prediction 2023-2030

Latest Tron Price (USD)

Article Coverage: Tron Performance in Last 12 Months, Latest Tron News, Is Tron a Good Investment? Tron Price Prediction Today, Tron Price Prediction 2023 to 2030, Where to Buy Tron

Latest Tron News And Analysis

Latest News

According to Coin 98 analytics, Tron has secured the top position in daily active users, with a count of 1.23 million users.
Tron Weekly Update:
- Korea Blockchain Week 2023, sponsored by TRON, took place in Seoul, South Korea.
- Justin Sun, TRON’s founder, participated in KBW 2023. Justin Sun emphasized the significance of the South Korean market for TRON during the Korea Blockchain Week Afterparty.
- TRON hosted a virtual seminar on “Dapp Deployment on the TRON Blockchain”.

Tron Defi

TRON Rank: 2nd, Ethereum Rank: 1st
Last 7 days change: TRON: +6.1%, Ethereum: -2.4%
Last 1 Month Change: TRON: 0%, Ethereum: -14.1%
TVL: TRON: $5.5B , Ethereum: $20.9B

Tron Derivatives

Trade Volume: The total trading volume for TRX derivatives is $65.43 million, up 38%.
Open Interest: There has been a 0.32% increase in open interest, with a total of $56.05 million.
Long/Short Ratio (24h): The long/short ratio over the last 24 hours is 1.0024 on the Binance TRX/USDT trading pair. This suggests that long positions slightly outweigh short positions.
Long/Short Ratio (Accounts): On OKX TRX, the long/short ratio in terms of accounts is 0.88, indicating that there are more accounts with long positions compared to short positions.

Tron – Buy or Sell, Crowd Poll

July 4th: +21.7%
Aug 8th+34.0%
Aug 21st:+40.0%
Sept 11th: +39.0%

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Tron Price Prediction: Technical Analysis

The RSI stands at 52.211, indicating a Neutral sentiment.
The STOCHRSI records 47.508, suggesting a Neutral outlook.
The MACD is at 0.000, presenting a Buy signal.
The ATR records 0.0012, suggesting Less Volatility.
The moving averages analysis suggests a mix of buy and sell signals.

Overall, the technical analysis for Tron suggests strong buy signal.

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 is able to do so using a decentralized virtual machine.
TRON network offers a zero transaction fee and is able to execute over 2000 transactions per second.
The implementation of the TRON network also requires minimal fees.

Tron Performance Statistics

DeFi: Tron is the 2nd ranked blockchain with $5.5 B in TVL
NFT: Tron has limited or no presence in NFTs
Gaming: Tron has a limited presence in gaming
Payments: Over 800 merchants accept Tron

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.

Tron Performance in the Last 12 Months

Year to Date (2023): +43.3%
Last 1 Year: +21.9%
Since Launch (2017): +3705.8%

Also Read: Where can I stake my Tron?

Tron Price Predictions

Will Tron reach $1, $10, $100?

Tron Price Prediction Today

UTC: Sep 23rd, 2023 06:17 AM

TRX Tron Price Prediction in the next 24 hours is between $0.0833 and $0.0840
TRX Tron Price Prediction this week is between $0.0826 and $0.0849

UTC: Sep 23rd, 2023 12:52 AM

Overall Outlook	Bearish

1. Market's Wisdom	Partially Bearish
1a. Market Data	Neutral
1b. Technical Recommendation	Sell

2. Crowd's Wisdom	Partially Bearish
2a. Social Media Buzz	Steady
2b. Social Media Sentiment	Lower