The cryptocurrency market offers a great deal of options to trade and invest in. XEM and TRX are two assets with a long history in the crypto ecosystem, and both are excellent investments. It’s important to understand each project and analyze its market behavior. Based on this, you can check some expert price predictions and make your own investment decision.
Every trading strategy should include a trusted exchange. For example, if you need to swap XEM to TRX or vice versa, or swap between other cryptos, first you need to register on an exchange. It’s best to pick a non-custodial option, so you keep your funds in your wallet at all times.
What Is XEM?
XEM is the token of the NEM blockchain, a project launched in 2015 as a way to facilitate the use of blockchain for businesses. Its name stands for New Economy Movement, and it allows users to create tokens and applications, similar to Ethereum.
For example, you can register a namespace, sort of like a web domain, and issue tokens under it, called mosaics. These tokens can represent different assets, serve as a store of value, or confer voting rights to their holders.
In the crypto ecosystem, many cryptocurrencies offer similar features. You can compare XRP and TRX, or XEM and ETH, for example, to learn more about each project and make a sound investment decision.
XEM Price Prediction
XEM reached its peak price in the 2017-2018 bull run. After that, its market value has been comparatively low. However, during the last couple of months, XEM has had a positive price trend. Financial experts are optimistic about the token performance in the future, and the consensus says its price will go up in the following years.
Analysts agree that XEM price will be around $0.05 and $0.07 by December 2024, a 100% increase at best. During the following years, it’s expected to go even higher, probably surpassing the $0.1 threshold.
What Is TRX?
TRX is the token in the Tron ecosystem. The original aim of this project was to empower digital creators, giving them full control over their work online. To do this, Tron allows consumers to pay directly to the creators they support.
The blockchain initially launched as an ERC-20 token on Ethereum but later moved to its own blockchain. Users can create smart contracts on the network and deploy any kind of dApps. While these features are also present on Ethereum, the Tron blockchain is faster and has lower transaction fees.
TRX Future Price
TRX has had an excellent market performance during 2023, increasing its price by almost 100% since January 1st. For this reason, analysts are positive this trend will continue in the coming months.
Experts place the average price of TRX for 2024 in the $0.16 and $0.25 range. In the following years, the prediction follows a similar trend, with modest increments each month.
XEM vs TRX: Market Analysis
Both XEM and TRX show positive market trends and analysts are pretty optimistic about the future of these coins. However, the bigger picture is not the same for both. While XEM predictions seem to be more positive, its behavior during 2023, and also in previous years, hasn’t been so good.
TRX, on the other hand, has had a better run during 2023 and in previous years. The Tron team and community are also more active and committed to the development and promotion of the coin. NEM’s community hasn’t been very active, and there hasn’t been much recent progress in its development.
XEM vs TRX: What to Invest In?
XEM and TRX are great investment options, and the final decision on what to invest is up to you. As we said, the Tron community seems to be stronger, but analysts predict a better performance on XEM.
The fact that the price of XEM is lower than TRX’s also makes for potential higher increases. In the end, it’s up to you to decide, after you do your own research on each asset.