TRON (TRX) is a blockchain and a unique cryptocurrency that sees high demand among gamers and gamblers. Cryptocurrency experts all over the world predict it will have a great future. Investors are keen to know TRON (TRX) price predictions for this cryptocurrency, one of the largest and currently ranked 11th by market capitalisation. To get a better idea of the TRON coin price prediction for 2024-2030, let's take a look at the Tron cryptocurrency price history.

The TRON Foundation

The TRON Foundation is an organisation based in Singapore. Dubbing itself the "industrial force" of all Southeast Asia, the Foundation supports TRON's development team and participates in its open, honest, and transparent cryptocurrency network. Regulation and compliance are the core values of the team behind the TRON Foundation. The Foundation has been approved by the Singapore Registrar of Companies (the Accounting and Corporate Regulatory Authority under the Ministry of Finance).

The young leader of the company, Justin Sun, has achieved remarkable feats. First, he created the Peiwo application, which already has 10 million users. Sun made Peiwo the first streaming app to accept cryptocurrency payments. Now, the Peiwo app ranks among the leading members of the online audio content community.

Forbes listed Sun on Asia's 30 Under 30 Top Business Leaders list. He is also a protege of Jack Ma, founder of the Alibaba Group. Ma chose Sun to study at the prestigious Hupan University. Entry into this university is harder than getting into Princeton. 

Moreover, Sun graduated from the University of Pennsylvania. Besides Jack Ma, Sun has surrounded himself with even more star mentors. Feng Lee (advisor at Ripple) and Tim Berners-Lee (inventor of the internet) are among them. Sun also worked for Ripple as chief representative and advisor.

The number of key influencers in the crypto industry who predict TRON (TRX) crypto prices will grow is increasing. This extensive experience and support allow Sun to get the skills and knowledge needed to run his own cryptocurrency project.

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What is TRON (TRX)?

TRON is a decentralised entertainment platform that uses blockchain and P2P technology. TRON (TRX) is a next-generation social media platform where users can create and share content with anyone around the world.

Tronix (TRX) is the primary cryptocurrency of the TRON blockchain. This currency helps manage transactions between entertainment content creators and purchasers. With the help of the TRON blockchain, people who actively use social media networks, online casinos, and other types of entertainment will benefit from others' use of their content.

Content creators can benefit from TRON's cryptocurrency ecosystem, mainly receiving substantial compensation for their content when it gets shared with others.

This model is the opposite of how traditional social media platforms like Facebook and YouTube work. TRON monetises user information, while other platforms usually pursue their interests without taking users into account. When using TRON (TRX), no one controls creators' content. This enables content creators to make money through their creativity and hard work. TRON runs strong campaigns in mainstream media and social media networks.

TRON is continuously looking for new partners and opportunities. Here is a list of some of their partnerships:

1. TRON has established partnerships with the largest bike rental company in Southeast Asia, oBike. oBike is based in Singapore and has launched its coin, oCoin, in the TRON network. oCoins are used in real life today for rides on the oBike platform. The company allows users to earn oCoins by rewarding them for choosing their company.
2. Other major partners include Bitmain, a leading manufacturer of ASIC chips that are used for Bitcoin mining. Antminer S9 from Bitmain is one of the most in-demand products in the Bitcoin mining community. So, if anyone asks you about TRON, make sure to mention this legendary collaboration.
3. Another TRON partner, Zag-S&W, is a leading international law firm specialising in business and corporate law. This is a promising addition, as the firm is on the Legal 500 list, an extended network of some of the world's largest companies. This partnership will provide companies with comprehensive protection and support for digital asset transactions, risk management, and legal adaptation to different jurisdictions. As TRX appears on more and more exchange lists, the demand for legal assistance will only increase. This partnership is an excellent strategic step, which is not surprising for those who own the not-for-profit organisation behind TRON.
4. In 2018, Sun acquired the American-based BitTorrent for $140 million. BitTorrent owns the largest torrent clients, BitTorrent and uTorrent. The applications generate about 3% of daily internet traffic every month. Sun pointed out that blockchain companies should do more than just encourage users to share free content. They should also share financial benefits by providing something in exchange for their computing power. As a result, TRON continues to grow, inspiring more startup companies to migrate to its systems.
   
5. Moreover, news emerged that Sun is involved in the group that invested in Poloniex. This American cryptocurrency exchange was previously acquired by Circle startup for an estimated $400 million, thus expanding the business. However, the exchange's market share fell from a high of 60% in 2017 to 1%, and Justin took control of the cryptocurrency exchange.

In March 2021, TRON partnered with MixMarvel in a move that will integrate TRON with Rocket Protocol 2.0 and Rocket Protocol's Wallet SDK. TRON will be able to provide users with a smooth cross-chain experience of FT & NFT using a wallet that is integrated with the Rocket Protocol Wallet SDK.

Those deals and partnerships have allowed TRON (TRX) to significantly expand its influence in the technological and crypto space.

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TRON (TRX) Price Analysis

TRON is working hard to compete with such cryptocurrencies as Stellar, XRP, Cardano and Ethereum. As of 12 January 2024, TRON (TRX) is ranked 12th by market capitalisation at $9,454,996,046.

TRX statistics as of the time of writing:

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TRX price history

A Tron (TRX) price prediction and analysis should start with a review of historical data. TRON is a fairly young cryptocurrency, created in late 2017, and the network was launched in mid-2018.

The dynamics of TRON's price:

• When created during its ICO phase, the price was $0.002.
• After the token was issued, the price rose to $0.05 in December 2017.
• The highest price ever reached was $0.30 for 1 TRON coin in early January 2018.
• After some time, the price fell to $0.03-$0.04.
• In early May, after the network launched, the price soared to $0.08 before falling again.
• By the end of November 2018, it reached a low of $0.01.
• In June, the price rose to $0.047 and then continued to fall until 2020.
• The lowest price TRON reached was on 13 March 2020, when the coin was worth $0.00686.

The cryptocurrency market had a challenging year in 2022, and TRX exhibited erratic performance. It reached a low of $0.05645 in February, but it recovered and reached $0.0793 by 31 March 2022. Another surge in price occurred in early May following the announcement of TRON's USDD algorithmic stablecoin, propelling the coin to a peak of $0.09087.

Despite the market crash caused by the depegging of the UST stablecoin and the subsequent collapse of the associated LUNA cryptocurrency, TRX fared relatively better. It dropped to a low of $0.06612 before recovering to a high of $0.09094 on 1 June 2022.

In May 2023, the price of TRX experienced a significant rise of 14.01%, contributing an impressive average increment of $0.01 to its present value. This sudden surge indicates the potential for TRX to establish itself as a reliable asset should its growth trajectory persist.

TRX/USDT price chart

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TRX technical analysis

According to data from 12 January 2024, the overall sentiment for TRON (TRX) price prediction is positive. The technical indicators suggest that TRON's 200-day SMA will increase in the coming month and reach $ 0.092674 by 11 February 2024. Additionally, the short-term 50-day SMA for TRON is expected to reach $ 0.103981 by the same date. The Relative Strength Index (RSI) value currently stands at 53.46, indicating a neutral position in the TRX market.

TRON (TRX) price prediction 2018

Early 2018 was a year of significant growth for all cryptocurrencies, and TRON (TRX) is no exception. TRON crypto price soared to a record high of $0.30. As the asset's price peaked, bears stepped in and pushed the price as low as $0.023. However, the Minenet launch helped TRX surpass $0.10. After that positive event, the rest of the year was bearish for TRON and other altcoins. In 2018, the TRON cryptocurrency price fell as low as $0.011.

TRON (TRX) price prediction 2019

The performance of TRON's crypto price in the 2019 prediction is similar to that of 2018. As the coin performed well at the beginning of the year, its price increased and touched $0.045 on 26 June 2019. The rest of the year was bearish. The TRX cryptocurrency price fell back to its low of $0.011 and remained near that level for the rest of the year.

TRON (TRX) price prediction 2020

Like other cryptocurrencies in 2020, Tron also had a good year. TRON crypto price opened at $0.0132 and set a yearly low in the first quarter of the year. Tron continued trading higher until the end of the year, closing at over 250% from the low it set in March.

TRON (TRX) price prediction 2021

If 2020 was a good year for cryptocurrencies, 2021 should be considered a great year. It started the year in a consolidation that lasted until February. The TRON cryptocurrency price exploded upwards after that to set a yearly high at $0.1800, the highest high in the daily time frame since Tron set its all-time high four years ago. The rest of 2021 wasn't as bullish but maintained a steady price above $0.081.

TRON (TRX) price prediction 2023

Based on predictions from DigitalCoinPrice, the TRX crypto price was anticipated to surpass the threshold of $0.14. By the end of 2023, it was projected that TRON would stabilise at a minimum rate of $0.0650. Furthermore, there was potential for TRX's price to attain a peak of $0.16. As a result, the TRON coin price made up $0.106 on 31 December 2023.

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TRON (TRX) price prediction 2024

Based on the 2024 technical analysis for TRON, it is projected that the minimum TRON crypto price will be approximately $0.0496, while the maximum level could reach around $0.0919. The average trading price is expected to be approximately $0.134.

TRON (TRX) price prediction for 2024, 2025 and 2030

The TRX coin is very dependent on the decentralised applications (dApps) market. All price predictions are ultimately based on two other expectations: future financial performance for this market and the likelihood of success for TRON's competitors. 2019 was a dark year for the financial market globally, but TRON didn't see any interesting price swings except for a few attempts to raid old lows and smaller highs.

TradingBeasts TRON price prediction for 2024, 2025 and 2030

Based on TradingBeasts' TRON (TRX) price prediction, the TRON crypto price is predicted to reach $0.1308524 by early February 2024, with an expected maximum price of $0.1640722 and a minimum price of $0.1115691. The estimated price of TRON at the end of the month is also $0.1308524. Looking ahead to the end of 2024, the coin's price is expected to average $0.1368. Moving on to the TRON price projection for 2025, the crypto is forecasted to start the year at $0.1375 and close at around $0.1475. As for the end of 2027, the TRX price is anticipated to average $0.1777.

WalletInvestor TRON (TRX) price prediction for 2024, 2025 and 2030

Based on WalletInvestor's TRON crypto price prediction, TRX is considered a viable long-term investment with a projected price of $0.110 in 2024, its peak value for that year. In 2025, the forecast suggests a starting price of $0.110, with an expected average of $0.121 by year-end. For January 2029, WalletInvestor predicts a modest increase, estimating an average price of $0.155.

Long Forecast TRON crypto price prediction for 2024, 2025 and 2030

LongForecast's TRON crypto price prediction for 2024 suggests a modest increase, with TRX expected to reach a value of approximately $0.18 by the end of the year. Looking ahead to theTRON price prediction for 2025, the forecast indicates an average price of $0.20. In 2026, the TRON crypto price will fall slightly to $0.19. However, the TRON cryptocurrency price will grow and reach $0.32 by the end of 2027.

DigitalCoinPrice TRON cryptocurrency price prediction for 2024, 2025 and 2030

According to DigitalCoinPrice's TRON price prediction, there are expectations that TRX will surpass the level of $0.21. There is potential for the TRX price to reach a maximum level of $0.23 in 2024. Looking ahead to the TRON price prediction for 2025, the forecast analysis indicates that the price of TRX can surpass the level of $0.25. Considering the long-term forecast, by 2030, TRX's price could reach a level as high as $0.80.

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TRON (TRX) future value predictions overall

Honestly, TRON is a project that many people don't like for one reason or another. Nevertheless, it has a very active and supportive community. Based on fundamental principles, TRX's future is auspicious and may be brighter than expected. A detailed roadmap and support from the gaming and gambling industries make the project's future promising. The area covered by TRX is continuously developing and has a lot of financial resources. 

How high can TRON go?

It's hard to tell for sure what heights TRON (TRX) will reach. Based on the price predictions, you can form your opinion about TRON's future. One thing is sure: this cryptocurrency won't stop there. The TRON Foundation is investing in its development, buying up in-demand companies. Bringing it all together, it becomes evident that the interest in the company and the cryptocurrency should increase significantly.

TRX price prediction today

You can spend a lot of time trying to estimate this asset's prospects. One thing is clear: we're dealing with a company that is actively investing in promising projects and technologies. A professional team is directly involved in developing high-quality, next-generation products.

Given the fact that technology is taking up an increasing amount of space in our daily lives, the cryptocurrency industry will only grow. You can start investing in these technologies with us today. Our easy-to-use, high-quality and transparent product is tailored to your needs. StormGain allows you to buy TRON (TRX) today and make money with this promising project.

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