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TRAC Price Prediction 2023-2032: Is OriginTrail a Good Investment?

TRAC Price Predictions 2023-2032

Good things are sighted on the crypto horizon. If you’re considering TRAC for your crypto portfolio, take a look at our TRAC Price Prediction anticipating more good things to come with these transformations.

For more updates on Origin Trail, you may join their AMA:

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As the “world’s first Decentralized Knowledge Graph️,” what could be the future for its native token TRAC? Think about organizing, discovering, and verifying anything – from physical to digital assets like supply chain items to Art, Diplomas, Certificates, NFTs, DeFi, etc.

How much is TRAC (Origin Trail) worth?

Today’s OriginTrail price is $0.365368 with a 24-hour trading volume of $1,135,439. OriginTrail is down 0.89% in the last 24 hours. The current CoinMarketCap ranking is #238, with a live market cap of $133,535,311. It has a circulating supply of 365,481,590 TRAC coins and a max. supply of 500,000,000 TRAC coins.

Also Read: OriginTrail price analysis: TRAC breaks above $3, retracement ahead?

What’s OriginTrail (TRAC)?

OriginTrail is a multi-chain protocol for organizations, institutions, and other blockchains to share information safely in a fully decentralized and traceable environment. The OriginTrail blockchain is built on a collection of synchronized and decentralized nodes that make it easy to hold and share data. 

The founding team of the blockchain noted a fundamental problem facing the supply chain. For instance, there are hundreds of objects, equipment, or furniture in your house or workplace.

You might not know where most of them came from, which profoundly reflects the problems ailing the traditional supply chain. The role of OriginTrail is to provide a working solution for creating transparency across supply chains and logistics.

Other benefits associated with the blockchain include optimized efficiencies, automated compliance, accountability, and quality assurance. 

What’s TRAC?

TRAC or Trace token is the currency used to facilitate trade between supply chain data producers, consumers, and OriginTrail node owners.

OriginTrail’s active coin incentivizes nodes in the peer-to-peer network to execute system processes. Maintaining and operating a p2p network consumes time, electricity, computer processing power, cooling, etc.

As the network of nodes in the p2p OriginTrail network grows, node operators’ computational and storage requirements grow proportionately.

The token system provides an incentive to continue operating full nodes even if their daily reward is minimal compared to the capital invested.

OriginTrail Software

An OriginTrail node is a computer that runs the OriginTrail software client and performs tasks such as: storing data, uploading data to the network, executing supply chain consensus checks/calculations, and searching for matches within uploaded data.

The node implements all system rules and acts as an autonomous p2p network element.

By default, it is a full node but can also be configured to operate as a light node if desired. OriginTrail nodes are rewarded with a share of the total system reward for their efforts.

This piece of the network reward flow provides an incentive for new and existing node operators to join the p2p network, increasing security and stability.

TRAC Price History

OriginTrail closed the final two weeks of 2021’s December among the top six gainers alongside DOGE DFI. Money, QuickSwap, Wrapped Luna, and Tezos.  While 2021 was an excellent year for the $TRAC token, we anticipate a bullish first quarter in 2022. 

Observers of the space noted near triple-digit gains in TRAC, XYO, and MKR, which intimates an altcoin season is soon to boom. Gaming tokens, supply chain-related projects, and decentralized finance (DeFi) protocols have posted double and triple-digit gains since 3 November, with TRAC, the native token of OriginTrail, on top.

Origintrail Price Prediction 2021-2025

Some traders looking to rack up their Bitcoin holdings cannot be bothered to follow an altcoins’ price dynamics against the dollar. BTC slumps like the recent one can be seen as a profit opportunity.

The tendency would be for the altcoins to be pulled with BTC, but for some reasons unknown, some are on a different track – to the moon! What coins will likely perform well when BTC is on its way down? Let’s see the advantage of the contrary movement of TRAC.

TRAC Price Prediction 2021-2025 2
Source: OriginTrail

How TRAC Works

With the OriginTrail blockchain, you could discover, manage and store supply chain valuable information in tracking or validating art, accessories, diplomas, and certifications. 

OriginTrail is packaged as an ecosystem based on token economics. The network treats users as its community and eliminates all arbitrary fees on network nodes. When users contribute their resources or effort to the ecosystem, they are betting on more trust, transparency, and collaboration. 

The blockchain aims to resolve the following challenges that have been ailing the supply chain for the last half a decade. These challenges inhibit data collection and sharing in the distribution process. 

  1. First of all, data is fragmented, making it hard for the supply chain to use the data due to low data interoperability. Thereby posing a complex technical problem for IT service providers on the supply chain.
  2. Second, the supply chain lacks an effective decentralized solution. The few decentralized solutions for this industry are not highly scalable; they face performance issues and are cost-intensive. Finally, making them functional is still impeded by problems in relational data functionalities. 

The OriginTrail ecosystem is powered by data exchange and supply chain management tokenization. The system comprises a network of nodes, all utilizing full OriginTrail software clients.

Users of the protocol want to share supply chain data; therefore, OriginTrail’s demand is met by the supply of data producers and consumers that wish to do so via the protocol (supply chain data producers and consumers).

TRAC Technical Analysis

Despite recent outperformance, OriginTrail may face significant headwinds due to the crypto market’s overall bearish trend. Additionally, the recent collapse of FTX has sent shockwaves throughout the market, leading to massive sell-offs by whale investors and creating a bleak outlook for TRAC’s price.

Moreover, the regulatory scrutiny from the Securities and Exchange Commission (SEC) on the crypto space remains uncertain as it may create a market crash anytime soon. Our TRAC price prediction utilizes advanced technical indicators to navigate the current market conditions and provide investors with a comprehensive analysis of the risks and opportunities associated with investing in OriginTrail.

According to CoinMarketCap, the current price of TRAC coin trades at $0.37, with a minor uptrend from yesterday’s price. Our TRAC crypto technical analysis reveals that this digital asset may soon flash bullish signals to new highs as it makes a significant recovery rally following the current bullish scenario of the cryptocurrency market. Looking at the daily price chart, OriginTrail struggles to trade above its EMA-20 trend line at $0.365 as it continuously faces rejection near its immediate resistance level of $0.4.

The EMA-20 trend line has significantly surged from its previous resistance level of $0.23 to $0.36, and TRAC tokens have been trapped under bears’ domination as it trades in a consolidation level. TRAC coin trades near an extreme fear zone which was brought after SEC’s crackdown on crypto, creating a FUD situation for investors. However, TRAC has barred itself from dropping further as it has taken support at $0.35, from which the coin is making a slight upward retracement to its 23.6% Fib level. The Balance of Power (BoP) indicator trades in a highly bullish region of 0.76, hinting at an extension of bullish momentum for our OriginTrail price prediction to $0.48.

The popular indicator RSI-14 trades on the verge of a bearish region at the level of 53, which is just above the midline and may push TRAC to test its resistance near the 31.6% Fib levels. Moreover, the MACD line has again formed a bullish channel in the chart as it sparks bullish candles above the signal line, signifying buying pressure in the TRAC price chart. However, the SMA-14 does not look promising as it is slowly dropping to the RSI level near the 50 mark, which may ignite a short-term bearish retracement for TRAC to the bottom levels.

If the OriginTrail coin breaks above its resistance of $0.4, it may pave its upward road to its Bollinger band’s upper limit of $0.46, above which it may make an attempt to break its strong resistance of $0.53. Conversely, a further bearish reversal is expected if TRAC drops below the crucial support level of $0.33; below this price level, OriginTrail may accelerate a sharp collapse as it can trade near its Bollinger band’s lower limit of $0.26. If OriginTrail’s price fails to hold above $0.2, it may gear up for a more bearish bloodbath and trade near $0.16.

TRAC Price Prediction by Cryptopolitan

As the altcoin market has been severely impacted by FTX’s demise, TRAC has witnessed bottom levels since its inception. TRAC has failed to provide any significant bullish hopes to investors this year as it faced several macro conditions that brought negative sentiments to the TRAC community. This year, the TRAC price has been affected due to low supply chain providers, which created less interest in investing in this coin.

However, OriginTrail maintained a more stable price momentum than any other altcoins in the market as its nOS announcement attracted massive growth for the platform with a high expectation of incredible prices in the future and a smooth merge with the crypto business. As the global crypto market is set to increase by $241 million in 2023, major altcoins will significantly trade beyond expectation and push TRAC’s price to the North. 

YearMinimum ($)Average ($)Maximum ($)
20230.570.580.67
20240.820.850.99
20251.21.241.44
20261.791.852.08
20272.572.643.11
20283.623.734.38
20295.225.376.35
20307.437.659.12
203110.4810.7912.77
203215.616.1418.12

TRAC Price Prediction 2023

In 2023, TRAC cryptocurrency’s price will reach a maximum level of $0.67, with an average trading price of $0.58. OriginTrail may attain a minimum price of $0.57 by the end of the year. 

TRAC Price Prediction 2024

TRAC token may skyrocket in the near future and is projected to touch a maximum price of $0.99. According to our technical analysis, TRAC’s price might consolidate and record a low of $0.82, with an average price of $0.85.

TRAC Price Prediction 2025

In 2025, it is expected that the maximum trading price of 1 OriginTrail token will be worth $1.44. The average OriginTrail token price is expected to be around $1.24 in 2025. TRAC’s price can touch the bottom at $1.2.

TRAC Price Prediction 2026

The TRAC platform is dominant in making developments and expanding its offerings to different sectors, bringing a potential high of $2.08, with an average trading price of $1.85. However, it is anticipated that the TRAC price will register a low of $1.79.

TRAC Price Prediction 2027

TRAC may experience a bull market and show its actual bullish strength as it is projected to touch a maximum price of $3.11, with an average trading price of $2.64. However, TRAC may record as low as $2.57 by the end of 2027.

TRAC Price Prediction 2028

In 2028, OriginTrail token holders may be rewarded with a lucrative ROI as the price of TRAC is expected to reach a maximum level of $4.38, with an average trading price of $3.73. However, our technical analysis reveals that TRAC may reach a minimum of $3.62.

TRAC Price Prediction 2029

Our OriginTrail price prediction states that TRAC’s price is anticipated to hit a maximum level of $6.35. The average price of the TRAC coin is predicted to be $5.37, with a minimum price of $5.22.

TRAC Price Prediction 2030

As several analysts believe in a bullish breakout in the next few years, the crypto market may soon pull out from the current bearish mud. In 2030, it is expected that the OriginTrail token price may witness a massive price jump as its maximum value will be around $9.12, with an average trading price of $7.65. TRAC may touch a minimum value of $7.43 if it retraces downward.

OriginTrail (TRAC) Price Prediction 2031

TRAC is poised to bring a massive change to investors’ crypto portfolios as the token has bright promises ahead with robust fundamentals. The price of TRAC is projected to reach a maximum value of $12.77, with an average trading price of $10.79. In addition, the minimum trading price of TRAC is predicted to be $10.48 by the end of 2031.

TRAC Price Prediction 2032

Based on our findings, the OriginTrail price is expected to rise to a minimum value of $15.60 in 2032, while its maximum potential value could be $18.12. On average, we anticipate the TRAC price to reach $16.14.

TRAC Price Prediction By DigitalCoinPrice

According to DigitalCoinPrice’s OriginTrail price forecast, the TRAC price is expected to surpass $0.80, and OriginTrail is anticipated to reach a minimum value of $0.77 by the end of 2024. Additionally, the TRAC price may potentially reach a maximum level of $0.82.

In 2032, the website’s analysis suggests that the TRAC price is poised to exceed $6.84, and by the end of the year, OriginTrail is projected to reach a minimum of $6.82. Furthermore, the TRAC price could potentially reach a peak of $7.00.

TRAC Price Prediction By CryptoPredictions.com

CryptoPredictions.com gives a bullish scenario for TRAC’s future price points. The website predicts that OriginTrail will begin April at a starting price of $0.43 and end the month at $0.5. The projected range for the TRAC price in April is between the minimum price level of $0.39 and the maximum price level of $0.58. 

In 2027, the average price of a TRAC token will be worth around $0.74. The maximum price expected for TRAC coin is $0.93, while the minimum price is $0.63. 

TRAC Price Prediction By Gov.Capital

According to Gov.Capital’s OriginTrail price predictions, the OriginTrail token is poised to surge to a maximum price value of $0.89 in 2023. However, TRAC may drop to a minimum price of $0.65 with an average trading price of $0.77. 

By the end of 2027, the TRAC token will attain a maximum price level of $4.47 and a minimum price of $3.3. The average forecast price for the OriginTrail token is $3.89.

TRAC Price Prediction by Industry Influencers

OriginTrail has attracted leading market giants due to its robust commitment to the web3 space. In recent news, the platform gained a place in Google’s web3 talks, further pushing TRAC’s price to the North. The TRAC token price chart’s significant fluctuations have drawn the attention of numerous analysts worldwide, prompting them to offer their views on OriginTrail’s potential price fluctuations. The market has provided mixed predictions for the TRAC token, with some bullish forecasts anticipating its value to exceed $10 in the coming years.

Conclusion 

OriginTrail has been on a downward trend this year, a market sentiment that has been shared by many altcoins as many investors opted for less volatile investments. OriginTrail is expected to begin recovering in 2023, and because it has utility, it should remain relevant in the future. Future partnerships will play an integral role in the growth of Origintrail. This is because these partnerships will enable the growth of OriginTrail’s knowledge data graph.

OriginTrail boasts of bringing tremendous Web3 development for crypto firms in expanding their sectors as its technology is widely adopted by large-scale corporations across the US and internationally. OriginTrail is the world’s first decentralized knowledge graph to identify crypto-related problems and resolve them by providing transparency to the supply chain with a decentralized protocol. 

The crypto market is highly volatile, and predicting prices is a difficult task. However, based on the analysis of OriginTrail’s past price movements and the predictions made by different analysts, it can be concluded that the long-term outlook for TRAC is bullish, as the prices are expected to increase in the future. Many factors, such as mass adoption, positive developments, and partnerships, are expected to increase prices.

In the long term, TRAC is a good investment as the prices are expected to grow steadily in the next few years. TRAC price prediction for the year 2032 is bullish as the prices are expected to reach a new all-time high of a maximum value of $18.12.

Will OriginTrail price rise? Yes, according to analysts, but this is not investment advice. Do your own research before investing.

FAQs

Is Origin Trail a good investment?

TRAC price prediction for the year 2032 is bullish as the prices are expected to reach a new all-time high. The maximum price expected is $18.12.

Where can I buy Origintrail (TRAC)

You can buy Origintrail (TRAC) at Huobi global, Uniswap and Coinbase.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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