In this guide, we will voice our own and market’s opinion on TRX future while discussing Tron price forecast for 2023 and beyond.
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Tron.
Now, let’s head into it. Before we delve deep into the Tron price prediction and answer questions if TRX is a good investment or not, why will TRX succeed or fail or why will Tron price rise or drop, let’s quickly throw a glance at what is TRX and its to date history.
Tron Price Prediction
The whole crypto world is on a verge of a complete breakdown. Bitcoin has fallen 75% from its all-time high amid broader market declines caused by raging inflation and US Fed rate hikes. When add the most recent melt-downs of huge industry players (FTX, Celsius, Luna etc) into the equation, the horizont is murky and there will be more blood on the streets of the crypto town. Investors are selling risky assets and moving into more stable markets. Crypto is still perceived as a very risky play and hence the sell off. Our algo still sees a some green in 2023, especially in the second part of the year. This is reflected in our 2023 predictions. Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend. Once Bitcoin settles in the new price range, altcoins will start to do the same - we have witnessed this scenario dozens of times in the distant and more recent history. Our price prediction model is bearish for the next 90 days with a hint of a bull market at the turn of the quarters from Q1 to Q2. We expect whales and other bigger players in the market to finish filling their bags around that time which will cause a typical and sudden crypto spike. CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project. Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.
TRX Price Prediction For The Next 90 Days
Below is a tabular overview of how will TRX develop in the short-term (for the next 90 days), according to our prediction model:
Tron Price Prediction 2023
High inflation and extremely unsafe macro situation reflected heavily on Bitcoin price in 2022. When we take the internal crypto troubles with big players like FTX, Celsius, Voyager, Luna going down, 2023 is not looking too good for the bulls. We will probably see a lot of boring sideways price action with a tendency to slip lower with each minor market tremor.
CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown of the last months of 2022 and 2023:
TRX Price Prediction 2025
Our prediction model sees TRX reaching $ 0.1244 in 2025.
What will TRX be worth in 5 years?
The price of TRX in 5 years could lie around $ 0, according to CaptainAltcoin’s prediction model.
Tron Price Prediction 2030 – 2040
What TRON will be worth in 2030?
Our forecasting model sees TRON reaching $0 in 2030.
What TRON will be worth in 2040?
Our forecasting model sees TRON reaching $0 in 2040.
Will TRON replace / surpass / overtake Bitcoin?
No, TRON will not replace or overtake BTC.
Can TRON reach $1?
No, our prediction model sees no possibility for TRON to reach $1 in the short or mid-term period.
Can TRON reach $10?
No, our prediction model sees no possibility for TRON to reach $10 in the short or mid-term period.
Can TRON reach $100?
No, our prediction model sees no possibility for TRON to reach $100 in the short or mid-term period.
How high will TRON go?
Our forecasting model sees TRON price crashing and dropping to near 0 in a distanced future.
Is TRON worth buying?
We do not see a bright future for TRON. It is worth buying only as a short-term speculation with a good exit strategy. TRON is not a good long-term hold.
Is TRON a good investment?
TRON is not a good investment in our opinion. Why? Well, it faces a fierce competition from other similar crypto projects, does not stand out with its technology and innovation, does not have a genuine community (not counting speculators and hype-chasing crowd) and the team behind the project is unproven.
Can TRON make you a millionaire?
No, TRON can not make you a millionaire as we do not see it doing a 10x price increase any time in the future.
How much will TRON be worth?
For the short-term future, it could reach $0.0351. In the long-term (8-10 years), it will most likely drop to 0 or thereabouts.
Why will TRON succeed and go up in price?
TRON has a slim chance of succeeding. It has no first mover advantage, it brings no unique value proposition, it has a weak team and small community behind it. All of this summed up prevents TRON to succeed and rise in price for the long-term.
What is the short-term prediction for TRON?
TRON will reach $0.0351 in the next 90 days, which is a 43% change over the current price which hovers around $0.0616.
TRON Price Prediction Today - What will be the price of TRON tomorrow?
TRON will hover around $0.0628 tomorrow.
Can Tron reach $1?
Some media publications claim that Tron price can reach $1 in less than 5 years while also forecasting that by the end of 2021 it may reach $1. We utterly disagree on this Trx price prediction and think that TRX will hover around the same values it does right now.
Will Tron go up in 2021?
While the Tron ecosystem has grown, populated mostly with scammy low-quality gambling dApps, we have stated multiple times in this TRX price forecast that we don’t see much of substantial progress that would in return push the TRX coin price up. TRX is bound to stay below $0.020 for the forseeable future.
Is Tron a good investment?
It still only has speculative value that is diminishing as the market matures. The whole ecosystem is lead by unproven people and it will be a real wonder if TRX survives the next 5 years.
Does Tron have a future?
Short-term, yes. It has some speculative value and potential for couple of more pump and dumps but that is far from being solid foundation for a stable future.
What is happening with Tron?
It is suffering from market maturing. Investors are coming to their senses and the whole crypto market is getting more professional with research tools and agencies that help buyers determine actual value of a project by eliminating fluff and hype. Tron was mostly fueled by the aforementioned market forces whose strength is diminishing with time and the end result is what we have today: Tron is stuck and out of spotlight.
Why is Tron going down?
When the market turns bearish, investors run from the smaller, riskier assets into bigger, safer zones. In crypto that means, that people sell their altcoins and buy stablecoins like Tether, or park their money in BTC. Tron and similar projects are seen as a risky vehicle for quick gains – noone in their right mind would keep larger sums of money in such token.
Why is Tron going up?
When the market turns bullish, investors try to outperform bitcoin by buying riskier altcoins in the hope to hit a moon run and earn a lot of money in short time. So it is usually based on speculation which is often fueled by fake partnerships or baseless hype about some minor happening or technical improvement.
They then lock the profits by selling those altcoins and buying back bitcoin or some other legitimate token. Or they simply cash out and treat themselves with some nice gift. Only fools stay and hold tokens like TRX for long-term.
- Verge Price Prediction | XVG Price Forecast
- Eos Price Prediction | EOS Price Forecast
- Iota Price Prediction | MIOTA Price Forecast
- ChainLink Price Prediction | LINK Price Forecast
- Dash Price Prediction | DASH Price Forecast
- Bytecoin Price Prediction | BCN Price Forecast
- Fetch.ai Review & Price Prediction | FET Price Forecast
- Stratis Price Prediction | STRAX Price Forecast
- Neo Price Prediction | NEO Price Forecast
- Qtum Price Prediction | QTUM Price Forecast
CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com