Will Tron reach $10? Tron Price Prediction 2023-2030

Will Tron reach $10? Read on to know if this is feasible. Also read, Tron Price Prediction 2023, 2025 and 2030

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The latest TRX Price (USD)

Tron Performance in Last 12 Months

• Last 7 Days: +2.2%, Outperformer*
• Last 1 Month: -5.0%, Parity
• Last 6 Months: -11.8%, Outperformer
• Last 12 Months: +7.4%, Outperformer

*Vs Ethereum

Tron Latest News

Tron blockchain will establish TRON’s AI development Fund by spending $100 million. It is being done to promote AI initiatives and its goal is to support developers in their research in Artificial Intelligence.

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 Delegated Proof of Stake System

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 4th ranked blockchain with $5.1 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.

A crucial question asked by TRON investors is, Will Tron reach $1, $10, or even $100?” If yes, then how much time will it take to reach those levels? Let us find out the answers to these questions in this report. There are various factors that need to be considered while predicting the price of a crypto, such as its price movements, competitor analysis, market trends, etc. Let us analyze those individually.

Will Tron reach $1?

TRX is 6 times down from its all-time high value of $0.30, considering its current price of $0.05. Now, keeping in mind its growth rate of 150x in just 4 months (as discussed above), its one-month growth rate is 37.5x. It means that in the next 12 months, TRX’s market price can reach a theoretical value of $22.5.

But the current macroeconomic factors and liquidity are not similar to 2017-18 or 2020-21. In other words, TRX’s price can reach that value in an ideal scenario, but the conditions are not yet ideal. Hence, TRX will certainly not going to reach that value in the next 1 year.

So, let us try to find out the more realistic value that it can reach in that period. As we can see (in the graph), the pump was quite sudden and it might be due to certain factors (like a fake pump), so, it would be more logical to consider the next high value of $0.15 that it achieved in April 2021.

TRX took 38 months (from February 2018 to April 2021) to reach a high value of $0.15 from $0.03, indicating a 5x growth.

It means that, in the next 38 months, the price can only grow by 5x of the current price of $0.05. Therefore, TRX’s price can only reach a value of $0.25 in the next 38 months (more than 3 years) and not $1.

So, Will Tron reach $1? Well, certainly yes, but not soon. To reach a value of $1, TRX needs to grow by 20 times. Hence, it might take 12.6 years to reach that value.

Will Tron reach $10?

TRX needs to grow by 200x to reach a value of $10.

Similarly, keeping in mind the macroeconomic factors and the liquidity conditions in the recent scenario, we cannot go by the ideal growth rate of 150x in 4 months. Considering the practical growth rate of 5x in 38 months, It will probably take about 127 years for Tron to reach $10. But, again, the situation probably will not remain the same throughout and the macroeconomic factors and liquidity might turn out to be in favor of the TRX coin. Therefore, it can probably reach that value sooner than this.

So, Will Tron reach $10? Well, it is certainly not practical if the current factors prevail. But it can reach that value if the situation changes, keeping in mind the volatility of cryptocurrencies.

Will Tron reach $100?

TRX’s current market price (of $0.05) suggests that it needs to grow by 2000x to reach a value of $100. If Tron continues to grow at 0.131x in one month, it will certainly need 1,272 years to reach $100, which is practically impossible.

So, Will Tron reach $100? No, TRX will certainly not reach that value because it is not practical enough. But, considering TRX’s competitor growth and other factors, Tron can expect good growth in the coming future.

Tron Price Prediction 2023, 2025 and 2030

Tron Price Prediction Today

Tron Reddit Discussions

In a recent Reddit discussion, users are discussing on the increased transaction fee of TRC20 tokens.

One user wrote that people will get more TRX in wallets with the increased fees. While another commented that people should now stake more TRX tokens so that they don’t have to pay anything.

Thus, Reddit users have an overall neutral response to the recently increased transaction fees on Tron.

~Charu Taneja

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Stocks. Please consult a registered investment advisor to guide you on your financial decisions.