• Current Status
    • TRX ranks 9th on CoinMarketCap's best cryptocurrencies list
    • As of October 29, 2024, TRX trades at $0.1641 with $13.82 billion market cap
    • Platform enables decentralized data distribution without censorship
    Historical Performance
    • Launched in 2017 as decentralized blockchain operating system
    • All-time high was $0.3004 in January 2018
    • Currently down 45.35% from all-time high
    Price Predictions
    • Coincodex forecasts 2024 price between $0.126859 and $0.162621
    • Binance predicts 5% increase to $0.213541 by 2030
    • Coincodex predicts $1.182495 by 2029, up 641.70% from current price
    Challenges and Limitations
    • SEC lawsuit against founder Justin Sun prevents ETF launch
    • Competition from Ethereum and other blockchains
    • Volatility and macroeconomic events pose short-term risks
    • Current market liquidity insufficient for $1 trillion market cap
    Future Prospects
    • Cryptonewz forecasts $4-7 range for 2025
    • Utkarsh Tiwari sees potential for $1.5 by 2030
    • Samsung partnership contributes to growth potential

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