78% historical accuracy sets TRON price for June 30, 2022

TRON (TRX), a decentralized, open-source blockchain-based operating system, has gained about $2 billion in market capitalization in the last three months.

As a result of the digital asset’s growth, not only in terms of value but also as the cryptocurrency continues to witness significant expansion in the form of its network, which has added about 100 million accounts so far.

Because of the multitude of happenings surrounding TRON, the CoinMarketCap voting community anticipated with 1,408 votes that TRX will trade at an average of $0.0755 by the end of June 2022.

The anticipated price denotes a -$0.007029 (or -8.52%) reduction from the current value of the decentralized finance (DeFi) asset of $0.08253.

Based on the performance of its estimates over the preceding six months, the crypto community has historically predicted the price of TRX with a 78% accuracy rate.

According to the TRON DAO weekly report, the total number of accounts on the TRON mainnet has reached close to 100 million – 93,653,586 to be exact – and 1,476,689 new accounts were created during the week of May 16 to May 22.

The overall number of transactions on the network has reached 3.21 billion, with 33.59 million occurring just over a week ago. At the time, the total value locked (TVL) of the blockchain itself has reached $9.2 billion.

Finally, the height of the blockchain surpassed 40.79 million, with a total of 5,963 nodes throughout the network. TRON has also become the third-largest blockchain network by total locked-in value on the DeFi ecosystem after the launch of stablecoin USDD.

Last week on May 24 TRX has been doing exceptionally well leading the top 100 cryptocurrencies by market capitalization in terms of gains. Currently, it is trading at $0.08345, down 6.29% in the last 24 hours but still up 0.66% over 7 days.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

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