It enables participants to contribute to and interact with the knowledge graph, ensuring trust and transparency in supply chain data. TRAC is a utility token that drives the entire Decentralized Knowledge Graph (DKG) of the OriginTrail protocol and is necessary for publishing data and maintaining the integrity of the decentralized knowledge graph. It is used for incentivizing protocol behavior and performing operations within the network. The OriginTrail project focuses on various use cases, including but not limited to supply chain tracking, verifying art and diplomas, and validating business certifications. TRAC tokens are utilized to pay for data processing and storage on the OriginTrail network.
The market gets a negative trend, and TRAC Coin prices can reach a minimum value of $0.985. The price prediction of OriginTrail (TRAC) by 2029 can be quite interesting as many wise token price investors and traders are expecting a massive bull run in the crypto market. As per our TRAC price forecast, the maximum price of OriginTrail can reach up to $2.310 by 2029.
Decred (DCR) Price Prediction 2023, 2024, 2025–2030
Any investment decision must be backed up with independent analysis and professional financial guidance. The article should be used as an information resource as opposed to genuine financial advice. The average OriginTrail price prediction shared among four forecasters is $0.787 for 2022 and $1.818 for 2025. Achieving these targets would generate respective returns of 7% and 149%. As of 5 April, TRAC’s exchange price of $0.73 was 81.12% below the all-time high and 34% below the 90-day high.
The current price of OriginTrail (TRAC) is around $0.2444, with a 24-hour volume of $987,751. The total market cap is $96,963,860, with a circulating supply of 396,600,188 TRAC. Trade OriginTrail tokens against other crypto assets on KuCoin Spot Market or other supported platforms to profit from changing market conditions and volatility. Buy or sell TRAC or hold it long-term if you have faith in OriginTrail’s potential as an investment opportunity. Remember to DYOR before entering any new positions in the crypto market.
Long-Term Price Predictions for Next Months and Year: 2023, 2024
An oscillator creates high and low bands between two maximum value to create a trend indicator that swings within these parameters. Traders use the trend indicator to identify short-term overbought or oversold positions. Supply chain data is dispersed among permissioned blockchains like IBM Hyperledger, Ve chain, and legacy systems like SAP, sitting in silos. The project OriginTrail is primarily aimed at the supply chain sector.
You can expect higher returns by buying during this period and waiting for a price surge. But remember that the crypto market is volatile, and the predictions may not match the actual market prices on any day. Therefore, it’s essential to invest responsibly and only spend what you can afford to lose when you make your purchase. Historical data and technical analysis show that OriginTrail’s price has been continuously dropping.
Achain Price Prediction: Is Your Investment Safe on Achain?
If the TRAC price moves above any of these averages, it is generally seen as a bullish sign for OriginTrail. Conversely, a drop below an important moving average is usually a sign of weakness in the TRAC market. Moving averages are among the most popular OriginTrail price prediction tools.
- After some extensive forecasting and technical analysis, we estimate the TRAC price is expected to cross an average price level of $1.27 by 2027, with a minimum price of $1.22 expected before the end of the year.
- The price prediction of OriginTrail (TRAC) by 2029 can be quite interesting as many investors and traders are expecting a massive bull run in the crypto market.
- Investors could see TRAC reaching a maximum price of $2.66 by 2028 followed by a minimum price of $2.43.
- As per our TRAC price forecast, the maximum price of OriginTrail can reach up to $2.310 by 2029.
However, project being world first ever decentralized knowledge graph that currently working with different industries for data exchange. Origintrail manages more than 500 industries that include web 3.0, physical assets, NFTs and many more. Considering the adoption of TRAC by countries around the world, TRAC can claim a maximum price of $2.27 by 2027 with an average price of $2.15 expected. The crypto market is known to be highly volatile, predicting future price points of TRAC is a difficult task and many other factors influence the price. As a result, the predictions on our website should not be taken as financial advice and you should do your own research. Consult your financial advisor before making any investment decisions.
How much money should I invest in TRAC?
In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum TRAC price in 2031 is projected to be $2.39 in the event of a bull run, with an average price level of $2.29. After some extensive forecasting and technical analysis, we estimate the TRAC price is expected to cross an average price level of $1.27 by 2027, with a minimum price of $1.22 expected before the end of the year. The TRAC Coin will most likely experience a considerable surge in price if the crypto market experiences any kind of major bullish trend.
Horizontal resistance levels can be identified by counting the amount of times a price is tested and rejected on an attempt upwards. Horizontal support levels can be identified by counting the amount of times a a price tests and bounces from a particular price on the way down. Predicting the price of TRAC can also be useful for determining sell targets if you’re already holding TRAC and wondering where to sell for the highest profit. The large majority of popular cryptocurrencies are available to chart and analyze on TradingView. TradingView integrates with popular exchanges like Binance, Huobi, ByBit, Kucoin and many more to offer real-time price data on a wide range of Altcoins such as OriginTrail (TRAC). Market right now extremely volatile with bearish trap continues as bitcoin and top asset already slump below year 2020 highest price.
OriginTrail Price Prediction 2025
We have a positive long-term view for OriginTrail, as we project the price of OriginTrail to attain by the end of 2023, rising to by the end of 2024 and by the end of 2025. Discover TRAC’s price forecast from this OriginTrail Price Prediction article. The exact alignment of data from sources such as legacy systems and newer blockchains has been ensured by this standard. Due to the sensitive nature of certain information sets, ODN is providing a ‘Zero-Knowledge Method’ to prove the validity. You’ve probably heard the adage, “invest in people, not products.” This quotation primarily captures the central idea of the fundamental analysis.
- Each of the ten accounts are either smart contracts or centralised exchange liquidity pools.
- No, according to some forecasters’ OriginTrail price prediction coverage.
- For the year 2030, TRAC is expected to continue to rally towards $3.45 based on market sentiment.
- The current market trends suggest that it could take several years for the TRAC Coin to reach $10.
The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50. OvenAdd is a team of experienced financial and cryptocurrency content writers, researchers, crypto enthusiasts, and market experts. They use to write on various financial topics like Cryptos, DeFi, dApps, Metaverse, NFTs, Web3, and Meme Coins. OriginTrail (TRAC) has gained huge attention in the crypto industry due to its strong fundamentals and a lot of people invested in this coin, so we can say that OriginTrail has a bright future ahead.
OriginTrail Token Price Prediction 2028
All the information provided here is only for general purposes that shouldn’t be considered financial advice. We hope that you have found this article helpful and it has provided you with valuable insights into the future price of OriginTrail (TRAC). The future of OriginTrail (TRAC) in the next 10 years is difficult to predict as the crypto market is still one a nascent stage and can experience significant volatility. However, as per our OriginTrail price prediction, the TRAC Coin could reach a maximum value of $2.603 within the next 10 years if the crypto market remains bullish. Therefore, investors need to stay updated about market trends in order to make the right investment decision. As per our OriginTrail price prediction, the TRAC Coin prices will stay around $1.124 by 2025 if the crypto market continues a bullish rally as per our current prediction.
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