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3 TRON TRC-20 Tokens Worth Looking Into

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TRC-20 tokens
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Many believe that TRON’s MainNet launch meant the beginning of the end for Ethereum, as TRON now offered pretty much anything that ETH ever did, only better. While TRON never aimed at overthrowing Ethereum directly, it is possible for this to happen at some point along the way.

While TRX itself started off as a token built on ETH blockchain, it managed to leave this ecosystem and create its own blockchain. Now, TRON offers others to create their tokens within the TRON ecosystem, and there are already several TRC-20 tokens worth looking into.

Issuing a TRC-20 token is very easy, and there are multiple guides that can take you through the process, one step at the time. However, right now, we will take a look at three of the coins that were already launched within the TRON network. These are the coins that already show great promise, and a large part of TRON community will definitely keep an eye on them.

Top 3 TRC-20 coins

1) TronWallet (TWX)

TronWallet is a Canada-based project that has started its ICO back in June 2018. At the time, the coin’s value was $0.1 per token. It is a part of the TRONWALLET, which is an open-source and secure P2P cryptocurrency wallet dedicated to TRON tokens. It is available for iOS and Android alike,

TWX price has dropped due to the bearish 2018, and the coin is currently worth only a fraction of its old price, being valued at $0.0042. It has a total supply of 30 billion TWX, with around half of that number currently being in circulation.

2) Intergalactic Gold (IGG)

IGG is a coin issued by an organization called Intergalactic Gaming. This organization has shown great dedication to TRON and its ecosystem, and it even managed to become one of the coin’s Super Representatives, which were chosen by the TRON community. It represents a step forward on TRON’s goal to decentralizing the web and revolutionizing the entertainment industry.

The organization has chosen to launch its own IGG coin on TRON in order to help this goal. Thanks to this project and the new coin, gamers can interact with each other, buy or sell various items, and communicate on a whole new level.

While microtransactions such as this have been expected in the world of gaming for a long time, this part of the gaming industry is still in its infancy, and IGG is among the leading coins in that regard. The coin itself has a very low market cap right now, only slightly over $120,000. In addition, it has a low price of $0.0088. Even so, many expect that the coin will go big at some point after it gains more attention, so it is recommended that those interested in helping TRON ecosystem grow, keep an eye on this digital currency.

3) TronWeeklyJournal (TRWJ)

Finally, there is TRWJ, a coin launched by the news outlet that shares its name — Tron Weekly Journal. This is an outlet that aims to be the number one source of information regarding everything related to TRON, including new events, ICOs, airdrops, and any other type of activity.

The coin can already be found on TRON DEX (alongside IGG and TWX), which is TRON’s own decentralized crypto exchange. The coin was designed to serve as a reward to content creators who contribute to Tron Weekly Journal and TRON ecosystem itself, as well as for carrying out various promotions, ads, and alike.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Bitcoin

SEC Postpones Bitcoin ETF Decision Once Again

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Bitcoin ETF
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The new announcement by the US SEC (Securities and Exchange Commission) states that the decision regarding the potential approval of several applications for a Bitcoin ETF (exchange-traded funds) is once again postponed. This time, the SEC declared that the decision will be made by February 27th, 2019.

The application requesting that VanExk SolidX BTC fund get s listed on Cboe BZx Exchange that was published on July 2nd needs to be given order by the commission within 180 days. Originally, the deadline for doing so was December 29th. However, the SEC decided to extend the period for another 60 days, effectively moving it to February 27th.

The SEC stated that designating a longer period for making a decision was found appropriate, as more time is needed in order to properly consider the rule change.

Cryptocurrencies need a sufficient monitoring mechanism, claims SEC chairman

Recent reports claim that the SEC received over 1,600 comments after requesting the public opinion regarding the ETF applications issue. In the past, the SEC rejected many such applications, some of which were even submitted by SolidX itself. In addition, they also rejected the applications submitted by Gemini, the exchange owned by Winklevoss twins. Brothers were attempting to gain ETF approval ever since 2013, although to no avail.

Other applications were also submitted by Direxion, ProShares, as well as GraniteShares. The SEC rejected them…

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Blogs

TRON (TRX) Back In The Crypto Top 10

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Tron
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For three weeks now, the crypto market was in a free fall. There was one moment when it seemed like the coins are finally bouncing back, and Bitcoin managed to climb back to $4,200. However, this uptrend was only temporary, and the coins dropped once again as December started.

Not a lot of coins are doing well these days, and almost every single one is trading in the red. Bitcoin is currently priced at $3,864, and the total market cap of the crypto space is barely over $123 billion. As expected by many, the bearish trend is still active, and seemingly at full strength. However, there are a few coins in the vast crypto space that are actually managing to grow in these unfriendly conditions, with the most notable one being TRON.

TRON on the rise

At the time of writing, TRON is also trading in the red. Although, only hours ago, this was not the case. Even now, TRX is losing only around 0.50% of its value, while all other coins around it are dropping by 4-5% on average.

TRON’s increase, while it lasted, was not big. However, considering the current state of the market, it was easily enough for the coin to make a big step, and actually improve its position on the list of largest cryptos. After months of waiting at the 11th spot,…

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Altcoins

MobileGo (MGO) – An Internet Gaming Pioneer

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MobileGo
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Although I love trading cryptocurrencies as much as anyone, I’m far more interested in analyzing the impact that blockchain technology can have on the business landscape.  After all, blockchain’s potential was the main catalyst behind the surge in trading volume last year.  While many industries will be forever changed through blockchain applications, the gaming industry will be the focus of this article.

The first thing my parents would think of upon hearing the word “gaming” is Nintendo.  And while video games do make up a considerable percentage of gaming sales, the industry has grown far beyond that.  Several years ago, ESPN aired an episode of E:60 that went inside the world of professional video game competitions.  One team, Dota2, was on a quest for a piece of an $18.4 million tournament prize pool.  Yes, $18.4 million for people who play games.  Since then, the industry has grown beyond anyone’s wildest imagination.  And one company, MobileGo, appears to be taking full advantage of that opportunity.

MobileGo’s MGO token is an Ethereum based ERC223 token that was developed to usher in a new era in the world of internet gaming.  The company’s main goal is to turn MGO into the world’s leading currency for the more than 2.6 billion gamers that currently exist.  It is expected that mass adoption will occur as game developers continue to grow their…

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