Is TraXion a potential investable option?
- TraXion could be the next big token at the time of its listing.
- The hard cap of TraXion is 100,000,000 TXN.
- We can expect some action from the token during its IEO.
Blockchain technology has given way to the development of several cryptocurrencies that allow economic transactions on a Blockchain-driven platform; the most notable example is Bitcoin. There are many others created by companies to be used exclusively on their respective platforms, as they offer security, transparency, and value.
Amongst the race, TraXion has recently joined the race of potentially growing cryptocurrency and Blockchain networks. But is TraXion going to stay long-term or is trustable enough to be around as a successful long-term crypto-base technology?
Let’s find out as we explore the project’s different aspects in the following sections of our TraXion Price Prediction.
About TraXion: An overview
TraXion: The Concept
As per its whitepaper, Traxion is a Blockchain-based platform that aims to provide solutions for financial services, including banking, remittances, and payments. It is built on the TRON Blockchain and utilizes smart contracts to facilitate transactions and other financial operations.
The platform also includes a digital wallet that allows users to store and manage their digital assets. The Traxion token (TRAX) is the native cryptocurrency of the platform. It powers the ecosystem and enables access to various features and services. The goal of Traxion is to provide financial services to the underbanked and unbanked populations, particularly in developing countries.
TraXion aims to create a digital ecosystem that benefits businesses and society. With this platform, companies and non-profit organizations can collaborate to form an entirely crypto-economy, allowing for frictionless financial transactions across borders. In addition, TraXion provides a white-label platform with multiple payment options, which includes sending and receiving payments through the Blockchain with a built-in KYC onboarding system.
Using Blockchain technology, TraXion plans to make cryptocurrency transactions secure, transparent, and affordable, potentially eliminating poverty and providing financial aid without any potential for fraud. On top of that, TraXion seeks to eliminate problems around financial inclusion in the Blockchain economy, such as cost/speed of transactions, bureaucracy, and transparency.
All economic transactions are powered by TraXion tokens (TXN), virtual crypto-tokens secured by smart contracts for added security and transparency. TraXion promises companies an easy way to integrate the Blockchain economy into their platforms while bringing cryptocurrency to the public.
Tokenomics Defining TraXion
The tokenomics of TraXion are the economic principles and metrics that govern the issuance, distribution, and circulation of the TraXion token within the platform’s ecosystem. The project has allocated a total of 500 million TXN tokens for its project.
Here’s an insight into the tokens that define the project:
- PresaIe Events: 50% of the total supply.
- Community Building & Marketing: 20% of the total supply.
- Team & Advisors: 10% of the total supply.
The project has also allocated 10% of its total supply for partnerships and strategic reserves.
Note: It’s important to note that the tokenomics of a project can change over time, and the information provided here may not be up to date. Before investing in any token, it is essential to thoroughly research the project, the team behind it, and their Tokenomics and consult with a financial advisor.
Presale Stages Of TraXion
The TXN token will be used as the primary means of transaction on the platform and will also serve as collateral for loans. Token holders will earn interest on their tokens by holding them in the platform’s savings account. Additionally, token holders can participate in the platform’s governance through a voting system.
Now, talking about the presale, the token sale for TraXion (TXN) tokens has a total supply of 500 million tokens, with 250 million TXN available for sale at a rate of 1 TXN = 0.001 ETH. Additionally, the project has a hard cap set at 200,000 ETH.
Of this total supply, 40% goes towards the ICO, 10% to pre-sale participants, 20% to the team, 20% to a reserve fund, 5% to community initiatives, 3% for bounties, and 2% for CSR activities. The pre-sale was scheduled from April 15th to June 15th, 2018, followed by the main ICO from June 16th through August 16th, 2018.
Note: While the project’s presale ended in 2018, it is yet to be listed, making it a good opportunity for beginner investors to invest in the project.
TraXion (TXN) Token Price Prediction: 2023-27
Considering that the TXN token is yet to be listed on any exchange, it can be fairly challenging to predict the future of any project. However, keeping the same in mind, our analysts at Blockchain Gossips have come up with a price prediction, estimating the project will have a positive IEO.
So let’s check out as we explore the price prediction of the blog in the following section.
TraXion Price Prediction 2023
2023 could be the year the TraXion token makes it to the list of decentralized exchanges. Considering that the token had enjoyed a successful ICO, we expect TXN tokens to be listed at a price above the point for any such projects.
Our TraXion price prediction for 2023 shows that the tokens will have a bullish experience post their listing. Besides, considering that it would be a freshly listed project, we expect TXN tokens to attain a possible maximum price value of $0.063. The token could also average around a trading price of $0.053.
TraXion Price Prediction 2024
2024 could be a year of change for the TraXion project. The project is expected to have gained a considerable user base by that time. This could be the year when the token finally transcends into a positive bullish phase.
With that in mind, our TraXion price forecast for 2024 suggests that TXN will reach a maximum price of $0.089 by the end of the year. The lowest and average expected prices for the TraXion network coin are $0.075 and $0.078, respectively.
TraXion Price Prediction 2025
Considering that the TXN token would have entered a bullish phase in 2024, the following year could be an eventful one. For 2025, we expect the TXN token to make a breakthrough in its overall price and make a positive impact by registering at an all-time high price range.
Our 2025 TraXion price forecast calls for a maximum price of $0.14. We predict that during the same year, TraXion will cost a minimum of $0.11 and a maximum of $0.12 on average. We anticipate that the coin will continue to rise, become more well-known, and log more transactions.
TraXion Price Prediction 2026
The TraXion crypto project aims to resolve a unique concept that would turn it into a big prospect for 2026. However, keeping the same in mind, we expect it to be the year when users tap into the platform’s real potential.
Our TraXion price forecast for 2026 indicates that SKL might see a bull run, with the price rising to a high of $0.19. Additionally, if things favor the token, it might experience a minimum price of $0.16 and an average trading price of $0.17, marking an increase from the previous year.
TraXion Price Prediction 2027
The high point of our predicted TraXion pricing for 2027 is $0.28. We forecast that the SKL would cost a minimum of $0.23 and an average of $0.24 for the same year. It is projected that the price of the TraXion currency will rise if it can end power outages and bring more innovation to its market.
Note:
Our experts have automatically estimated a favorable price for tokens on presale or with no data points. Therefore, we suggest you invest only after you’ve read the project’s whitepaper. Lastly, before investing, remember that the coin’s price, which you will see here, might drop significantly based on several variables.
What Makes TraxIon Worth The Investment?
TraXion is a Blockchain-based platform that aims to provide financial services to underbanked and unbanked individuals and communities in emerging markets. The platform aims to provide services such as remittances, lending, and payments and a marketplace for buying and selling goods and services.
Some potential advantages of investing in TraXion include the following:
Access To Financial Services
TraXion strives to create a digital-only environment where businesses can contribute to the greater good. This enables a connection between profit and non-profit organizations to form a comprehensive, crypto-driven economy with seamless and unrestricted financial transactions
TraXion aims to provide financial services to individuals and communities that may not have access to traditional banking services. This can enable people to participate in the global economy and improve their financial situation.
Low-Cost Transactions And Access To Loans
TraXion aims to minimize transaction fees and make it more affordable for individuals and communities to access financial services. This can help to increase financial inclusion and reduce poverty. Moreover, international transactions will also cost a fraction of what they currently do.
Further, TraXion aims to provide lending services to users; this can help to increase financial inclusion and access to credit for those who would not have access to it through traditional financial institutions.
Project With Added Utility
TraXion token holders can participate in the platform’s governance through a voting system. This allows token holders to have a say in the direction and development of the platform and can align the interests of token holders with the platform’s success.
The TraXion team has an impressive collective experience of over 20 years in various industries, including business development and entrepreneurship, cybersecurity, financial technology, and Blockchain.
Access To A Transparent Network
It can be hard to keep track of payments while they are still in transit, leading to anxiety over when the money will arrive and the exact amount. The use of Blockchain technology ensures transparency and immutability of transactions on the platform; this can increase trust in the platform and its services.
TraXion ensures transparency to its users while maintaining its privacy policies. Furthermore, the technology is based on providing equal rights and opportunities for transfers and investment to every user.
TraxIon’s Profitability: BG’s Case Study
TraXion’s Blockchain has been designed with business users in mind. It is built to be scalable, immutable, and permissioned, allowing it to execute smart contracts. The company aims to develop a Blockchain platform providing superior financial services in Southeast Asia before expanding worldwide. This Blockchain focuses on fast and cheap transactions, secure and transparent practices, and better global banking experiences for the under-banked population.
TraXion can serve as a bridge to a world without banks. It has released a few successful products with positive reviews and is continuing to launch more. It seeks to make a decentralized crypto-economy accessible to the general public while addressing the drawbacks of the traditional system it aims to replace.
With an experienced and dedicated team, and strong investors dedicated to its success, TraXion is on track to become a highly successful venture in Blockchain applications.
Here is why we think TraXion can be the next big thing that would reach the pinnacle of success:
TraXionWallet and TraXion Connect
The TraXionWallet combines existing fintech and integrates tech apps into one ecosystem. TraXion will provide white-labeled wallets to organizations that want to move financial assets at zero cost through tokenizing their local currencies. The wallet will also have a management dashboard where users can control a rewards system or view analytics.
TraXionConnect will apply smart contracts on workflows for good governance, significantly increasing the integrity of information, improving performance management, and boosting efficiency across the organization.
TraXionChain and Peer to Peer Lending
TraXionChain is TraXion’s Blockchain-based solution for the supply chain management. TraXionChain will create inter-business Blockchain solutions for closed networks, delivering customized business solutions for enterprises that require interoperability, data integrity, and asset tracking within their supply chain.
Users can access peer-to-peer lending opportunities through the HyperTraxion wallet. Built-in deep machine learning mitigates risk by providing credit scores based on historical transactions, the ability to pay and transact in the platform, and other behavioral parameters.
Public API
TraXion will depend on its public API to scale. This API will allow merchants not necessarily part of the TraXion platform to access its public API and enable them to participate in the TraXion ecosystem and receive payments, remittances, or donations using the HyperTraxion wallet. TraXion also differentiates itself from other Blockchains by creating a permission network (it’s not public like Bitcoin or Ethereum’s Blockchain).
TraXion’s Blockchain also does not require the use of cryptocurrency. Transactions can be public or confidential. Unlike the bitcoin Blockchain, TraXion supports smart contracts (using Chaincode). It also facilitates up to 100 transactions per second (superior to bitcoin’s seven tx/second and Ethereum’s 20 tx/second).
TraXion’s Social Media Presence
Considering how paid events and strategic PR can pump a token’s presale, it’s evident that investors find it hard to trust any crypto project. Keeping the same in mind, our team at Blockchain Gosspis determines the success of a project via its social media.
As per our research, you can easily find TraXion on platforms like:
- Telegram
- YouTube
Regarding their movements in these platforms, TraXion has been moderate about updates over its accounts. Additionally, the project has an organic follower base that awaits its IEO. Overall, it’s an authentic project, not just any PR-pushed concept.
Why Some Investors Could Avoid Buying TraXion?
Investing in TraXion could be an exciting concept for both consumers and investors, making it a unique prospect to get started. However, evaluating the risk tolerance, among other variables that might limit your crypto returns, is essential before making any investment.
So if you’re an investor under any of these categories, we suggest you avoid investing in the project.
Value & Volatile Nature
Cryptocurrency has become the talk of both young and old investors in India, with hopes of achieving great returns. However, although many are enthusiastic about crypto, some are learning it can be volatile. This is because cryptocurrency lacks a tangible asset to back its value. So, on the one hand, certain crypto prices can surge to amazing heights, but on the other, they can plummet quickly and terrify investors.
As such, there may be better choices than crypto for those looking for a stable long-term investment. Like stocks, the crypto space is driven by speculation. Still, without technical or fundamental analysis to guide it, it’s much more prone to sharp and speedy fluctuations, which can disrupt investors and coins alike.
Potential To Grow
The public ultimately decides the worth of a crypto-token, but thanks to TraXion’s secure and transparent nature, it stands to gain value. Moreover, its Blockchain technology offers decentralization of the economy.
It is expected that over the next decade, Blockchain will cause disruption just as significant as the Internet did for publishing. Besides, the technology has already begun to shake up multiple industries, such as capital markets and Wall Street.
Invest Wisely, Enjoy Your Returns Safely!
It’s important to note that investing in cryptocurrency tokens is highly speculative and comes with a high degree of risk. Therefore, before investing in any token, you should thoroughly research the project, the team behind it, and their Tokenomics, and consult with a financial advisor.
Additionally, the success of any Blockchain project depends on many factors, including market conditions, regulatory environment, and the ability of the team to execute its vision and goals. All the best!
