Is It a Good Time to Invest in Tron?

TRX or Tronix, is a crypto coin of the TRON network that has been active since 2017. It is one of several cryptocurrencies that managed to experience an all-time high during 2017-2018. Many investors wonder if it’s realistic to invest in Tron and if it will reach its all-time high again.

So far, it hasn’t come anywhere close to the level that it reached back in its first couple of months. Yet, the Altcoin enjoys a great deal of interest from people wanting to make a profit from it. But, also by those that want to empower the next form of the internet.

TRX’s Value at the Moment

In today’s market, TRON’s value goes around $0.0987. It also features a trading volume of over $203 million in the past 24 hours. In the same hours, this coin managed to get an increase of 0.61% in its price.

As for the past week, TRX’s value went up by 3.50%. It currently ranks as #10 at CoinMaketCap with a live market cap of over $8.75 billion.

Tron’s Price Prediction

According to the software that predicts the values of cryptocurrencies, Tron will feature an average price of $0.091. The computer indicates that this coin will have a minimum value of $0.088 and a maximum of $0.100.

The projections for 2024, show that Tron will feature an average price of $0.13. Now, the software indicates that the lowest value can be $0.13 while the highest can reach $0.16. These are pretty good increases that will get Tron really close to its overall best value.

The software program shows that this coin will equal the price from early 2018 ($0.22) in 2025. Then, in 2026 it will surpass it and get to an average value of $0.28.

If things shape up as the computer is indicating, then the positive trend will continue for years after 2026. For instance, it projects that Tron will have an average value of $1.25 in 2030. Then, in 2031 and 2032 it may reach an average price of $1.78 and $2.49, respectively.

According to Coincodex, the lowest price that TRX will achieve in 2024 will be around $0.066. It also indicates that its price is anticipated to get to a peak of $0.422 in the upcoming year.

DigitalCoinPrice, on the other hand, has its own predictions on Tron’s future value. This site projected that the coin’s price will exceed $0.19 in 2024. At the end of the year, TRX is expected to get a base value of $0.18.

But, there is also the possibility of hitting a maximum of $0.21. This site also predicts that Tron will have a value of $1.67 by 2032.

Lastly, CryptoPredictions  indicate that this crypto coin will get an average value of $0.121 by the start of January 2024. By the start of 2025, this site indicates that the price will be set at $0.122. In 2027, Tron will feature a value of $0.124. This means that this site doesn’t predict some massive changes.