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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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors
When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat. These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor. But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.
Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace. The real benefit to trading in these offices is to participate in the free flow of trading ideas and information. Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed. Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?
While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.
Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors. The goal of the platform is to help newcomers shorten their learning curve,…
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible. While many crypto users are extremely tech oriented, a lot of those on the sidelines are not. The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above. In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country. Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle. Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance. One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess. That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS. These projects have managed to find a foothold in the market and have a better chance than most of staying there. While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.
What is a Cryptocurrency CDP?
In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount. There are several examples of this in our day to day lives. Auto title loans from large companies like TitleMax are extremely popular with consumers. Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has. The consumer can continue using their car as long as debt payments are made.
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