TRON (TRX) could reach $10 in 10 years, according to Cryptopolitan. Crypto-Rating.com predicts that TRON will be priced at $1 in ten years. While other experts estimate $8 in 2030.
TRON is a relatively new blockchain and one of the crypto industry’s success stories. Since its establishment, the decentralized peer-to-peer platform has embraced highly innovative technologies that helped it best industry pioneers like Bitcoin and Ethereum.
But TRON is as controversial as it is popular. Since its inception, the decentralized peer-to-peer network has been dogged by controversies, ranging from accusations of a plagiarised whitepaper, TRON founder’s – Justin Sun – leadership style, lawsuits in New York, and possible investigations by the SEC.
The impact (if any) that these controversies have had on TRON (TRX) prices in the past and their influence on future performance is debatable. But analysts are optimistic about TRON’s future and believe its TRX token price will continue surging in the next decade.
Cryptopolitan, for instance, believes that the TRX token’s value may reach $10 within the next ten years. Crypto-rating is, on the other hand, more reserved with their analysis indicating that the token price may only reach $1 in the next ten years.
TRON has in several instances been referred to as the “Next-generation social media platform for creating and sharing content.” Its foundation is premised on the idea of the pre-dot.com bubble decentralized internet.
After the ‘technology revolution’ at the turn of the millennium, tech giants took control of the internet and distorted its path towards centralization. They rewired the internet infrastructure, effectively facilitating the establishment of social media giants like Facebook, Google, Twitter, Netflix, Apple, and others. These aggregate user data and use it to rake in billions of dollars annually, at the expense of the content creators.
This is where TRON with its TRX tokens and the TRON peer-to-peer blockchain technology comes in
TRON hopes to inspire a digital revolution by opening up and decentralizing the internet. It hopes to dismantle the tech giant’s grip on the content sharing and entertainment industry and hand this power over to the content creators and internet users.
According to TRON, their peer-to-peer blockchain technology creates a platform where anyone can create content and share it with virtually anyone on the platform. The network also makes it possible for the content creator to monetize their art and earn TRX tokens directly from users, effectively eliminating the middlemen (tech giants).
Analysts and forecasters have various views on the matter. Some say that the price of TRON may increase to $10 level in 10 years. Smartereum is much more hopeful predicting that TRX could cross $12-$15 in ten years.
Is It Worth Buying TRON?
Crypto market analysts and TRX investors are largely optimistic about the future price performance of TRON tokens. The market sentiment has consistently indicated a recovery. In 2021, the TRX token recorded a 205%+ value increase. These are all indicators that TRON is a smart buy today.
Using different technical and fundamental indicator tools, multiple crypto analysis and price prediction websites have concluded that TRON prices will continue soaring.
PrimeXTB, for instance, expects TRX token prices to continue soaring and possibly end the year trading at around $0.65. Tradingbeasts, a leading crypto educational portal’s technical analysis also points to a gradual value appreciation of the TRX tokens. Their analysis shows TRON TRX ending the year trading at $0.11.
However, these analysis reports do not capture the impact that the much-rumored SEC lawsuit against TRON would have on TRX token prices.
Check Out: Will TRON Make Me Rich?
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Could TRON (TRX) Make You A Millionaire?
TRON could become a millionaire-maker in the near future if you buy and hold for the long term by cutting off your extensive emotional supply of being an early seller.
The future of TRON tokens is largely optimistic. Some analysts expect it to sustain its ongoing rally and possibly reach a $1 or even $10 valuation in the 5 to 10 years. Today, the coin is worth around $0.06, and such a significant price jump would be enough to earn any long-term TRX token investor a fortune.
It is possible to earn a million from a medium to long-term TRON investment. But such an investment must be informed by the quality and accurate TRX Token price analysis and matched with the right investment amounts.
Here is an example: If you believe TRX will be worth $10 (a 9378.67% increase) in the next ten years and willing to hold onto your TRX tokens till then, you will need to invest in TRX tokens worth $1,600 today.
TRON infrastructure plays a key role in its worth
In enhancing the TRON network by making it as competitive as possible and improving the value of TRX tokens, the Justin Sun-led crypto has come up with several innovations and entered into several strategic partnerships.
Earlier in 2021, for instance, American Singer, Actress, and Songwriter – Lindsay Lohan – entered into a partnership with TRON. She is set to launch the auction of her exclusive collectables and NFTs on the platform.
TRON also launched its version of Chainlink, dubbed JustLINK – a decentralized oracle program designed to help off-chain businesses seamlessly develop DApps on TRON blockchain. It would also facilitate information sharing between on-chain DApps and off-chain software, and other programs.
Read More: Is Tron a Good Investment?
TRON (TRX) Price Prediction 2030
There are so many factors acting on both the current and future price of TRON (TRX) tokens. These range from upcoming improvements and upgrades to the TRON network, the ongoing speculations about SEC investigations of TRON and other Sun-affiliated companies, continued adoption of cryptocurrencies across the world.
These make it virtually impossible to accurately predict the price of TRX in the next ten years. But using the fundamental and technical tools available today, these individuals and entities have come up with these TRON TRX price predictions:
RippleCoinNews expects TRON’s adoption rate to grow at a faster rate in the next decade as it establishes solid relationships with more strategic partners and its price to soar reach $5 by 2030.
Analysts at CoinSwitch believe that TRON has the highest growth potential, and its adoption rate will continue soaring in the next few years and probably reach $1 by 2030.
Crypto-rating is equally optimistic about TRON (TRX) price performance in the next few years. Analysts here believe TRON’s adoption rate will continue to soar and possibly test the psychological price level of $1 but miss and probably end up settling around $0.9.
Read Also: Should You Buy TRON?
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Should I Invest in TRON (TRX)?
Investing in TRON could pay off tremendously in the next 10 years and could be a very wise investment.
Here are some of the reasons why you should consider investing in TRON (TRX) tokens:
- Despite its late entry into the crypto industry, TRON has gone from a start-up to one of the most popular blockchain technologies in less than three years. Today, it has booked itself a place on the list of top cryptocurrencies by market capitalization – currently ranked 29th. Analysts are optimistic this position is bound to improve as it realizes most of the projects on its roadmap.
- TRON did not just beat the pioneer cryptocurrencies and blockchain in terms of scalability, faster transaction processing, and low transaction processing fees. It has also become the first blockchain to jump into the deflation era after it successfully cut down 5.76 million TRX tokens from its total supply.
These factors are expected to have a significant impact on TRX token prices. They are expected to fuel optimism about its future performance and the TRON blockchain’s sustainability – effectively driving up the TRON token prices. We must, however, caution you against investing more than you can afford to lose.
Don't Miss:Tron Price Prediction
How Do I Invest In TRON?
eToro presents you with the best and most user-friendly platforms for buying cryptocurrencies like TRON (TRX). Here is the step by step TRON buying guide:
Step 1: Start by creating a user account on the platform
Step 2: Deposit funds into the account
Step 3: From your user dashboard on eToro, click on Trade markets, select crypto, and tap the ‘BUY’ option on the TRON trading icon.
Step 4: Customise the trade by deciding on the amount of TRX you wish to buy.
Step 5: Click on the “Open Trade” button to confirm the purchase.
eToro – Best Platform to Buy TRON
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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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