OriginTrail (TRAC) coin surged by more than 24% to hit a daily high of $0.7238 before retracing to its current price at $0.672343 last 23 March. OriginTrail (TRAC) has surged by over 80% over the third week of March: why is the TRAC price rising? Several milestones could have contributed to the surging prices in March 2022: the current rollout of OriginalTrail v6, AidTrust launch, transitioning to Web3, and Polkadot integration.
As the “world’s first Decentralized Knowledge Graph️,” what could be for its native token TRAC in the future? Think about organizing, discovering, and verifying anything – from physical to digital assets like supply chain items to Art, Diplomas, Certificates, NFTs, DeFi, etc.
With technological advancement continuing in 2022, like OriginTrail V6, Polkadot integration through parachain, a new open source SDK for developers community, the evolving OriginTrail Explorer and the overarching vision of the “knowledge graph of knowledge graphs” the network effects powered by the DKG will decidedly shape Web3.Origin Trail
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 been posted double and triple-digit gains since 3 November, with TRAC, the native token of OriginTrail, on top.
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 are likely to perform well when BTC is on its way down? Let’s see the advantage of the contrary movement of TRAC.
Today’s OriginTrail price is $0.609334, with a 24-hour trading volume of $2,645,845. OriginTrail has been down 4.14% in the last 24 hours. The current CoinMarketCap ranking is #199, with a live market cap of $221,988,910. It has a circulating supply of 364,314,242 TRAC coins and a maximum supply of 500,000,000 TRAC coins.
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 have no idea 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.
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.
- 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.
- 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 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.
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 Technical Analysis
On the 4-hour chart, TRAC is slightly below its 50 and 100-day Moving average. Its current price is at $0.683, and it shows signs of a bearish trend. It is essential to know that its Moving Average is in a sell zone, while its technical indicators suggest that investors should buy.
Today’s live OriginTrail price is $0.682521 with a 24-hour trading volume of $1,740,990. We update our TRAC to USD price in real-time. OriginTrail has been down 4.23% in the last 24 hours. The current CoinMarketCap ranking is #190, with a live market cap of $248,652,173. It has a circulating supply of 364,314,242 TRAC coins and a max. supply of 500,000,000 TRAC coins.
TRAC Price Prediction 2022-2030
Wallet Investor is bullish on TRAC price. They also projected that TRAC would be $1.230 by the end of 2022, which means that TRAC can be a profitable investment option. If you buy OriginTrail for 100 dollars today, you will get 146.592 TRAC. Based on their forecasts, a long-term increase is expected. The price prognosis for 2027 is 3.210 US Dollars. With a 5-year investment, the revenue is expected to be around +370.67%. Your current $100 investment may be up to $470.67 in 2027.
Price Prediction forecasts that TRAC will have a minimum price of $0.53 and a maximum of $0.65 by 2022. In the next five years, there also predicted that TRAC will have a minimum price of $3.41 and a maximum price of $4.03.
In 2030, TRAC will have a minimum price of $10.57 and a maximum price of $12.99.
Trading Beast projects that TRAC will have a minimum price value of $0.806 and a maximum price of $1.18 by 2022. They also gave a 3-year forecast on TRAC price. By 2023, TRAC is expected to have a minimum price of $0.73 with a maximum price of $1.07 by 2023. By 2024, they also projected that TRAC minimum and maximum price would be $0.66 and $0.97. In 2025, TRAC is expected to have a minimum of $0.88 and a maximum price.
|Year||Minimum Price||Average Price||Maximum Price|
TRAC Price Prediction 2022
According to our analysis, OriginalTrail TRAC is likely to have a minimum price of $0.82 and surpass its maximum price of $0.94 by 2022.
TRAC Price Prediction 2023
There is a possibility that OriginTrail can break through the $1.07 barrier and hold the market by the end of 2023. The lowest OriginTrail price will be between $0.89 to $1.07, and the most likely OriginTrail price will be steady at around $0.98 by the end of 2023.
TRAC Price Prediction 2024
By 2024, we predict that TRAC will start the year at $0.82 and trade around $1.19.
TRAC Price Prediction 2025
There is a good chance that OriginTrail 2025 Price Prediction will double in price, but it is also possible that it may not reach its expected maximum $1.40 level. OriginTrail is predicted to reach an all-time high of $1.27 or $1.40 in 2025.
TRAC Price Prediction 2026
TRAC will experience tremendous growth in 2026 as it has the potential to achieve new highs in terms of price points and market cap. OriginTrail’s price is expected to surpass $1.30 in 2026. It has been predicted that OriginTrail will reach the maximum price of $1.30, and the minimum price is expected to be around $1.09 in the next five years from 2026.
TRAC Price Prediction 2027
We also predict that TRAC will start the year at $0.82 and trade around $1.19. According to their predictions, this would be extremely high compared to last year.
TRAC Price Prediction 2028
By the beginning of 2028, we predict that the cost of OriginTrail will reach $2.17, and the price of TRAC should reach $2.17 by the end of the year. In addition, TRAC can reach up to $1.96 in price.
TRAC Price Prediction 2029
In 2029, OriginTrail Price Prediction is expected to cross the $2.79 average price level, according to OriginTrail forecast and technical analysis. By the end of 2029, OriginTrail’s minimum price is expected to be $2.64. Additionally, TRAC can reach a maximum price level of $2.85. At the end of 2029, OriginTrail will have an average price of $2.85.
TRAC Price Prediction 2030
TRAC is estimated to reach $2.97 by 2030, at minimum. With an average trading price of $3.07 throughout 2030, TRAC’s value could come to $3.20 at its highest. In addition, we also expect the maximum price to be trading around $3.07.
OriginTrail Price Prediction by Industry Experts
TRAC will conclude the year on a high note based on these OriginTrail price predictions. Also, TRAC may be a profitable investment in the future. Before investing in this token, always do your research as much as possible.
FAQs about TRAC
Is OriginTrail a good investment?
Consider investing in OriginTrail if you are considering digital currencies. It is important to note that a long-term investment in the currency may be highly beneficial. And it’s projected to hit its all-time high in the next few years if everything goes well.
How much will OriginTrail be worth in 2025?
Many platforms and analysts think that the price of OriginTrail will continue to grow in the next five years, surpassing the $2.43 mark by the end of 2025. Even though the price seems like a stretch, you never know. TRAC and other Cryptocurrencies are very volatile and can change direction.
How much will OriginTrail be worth in 10 Years?
There is a considerably higher chance that the price of OriginTrail will increase to $10.75 in ten years. Also, the Value of 1 OriginTrail can surpass a minimum price of $15.23 and a maximum price of $18.35 within 8 to 10 years.