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Altcoins soaring: Cardano, Tron, and Stellar (XLM) surge up to 18%

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The crypto market has been green today, and in past seven days, the price of Bitcoin and the altcoins has increased rather nicely. Altcoins are leading the market by significant percentages. Out of the top 10 altcoins in the market today, XRP, Tron (XLM), Stellar Lumens (XLM), and Cardano (ADA) lead the growth chart.

After Ripple, at the time of press, Stellar Lumens (XLM) leads, followed by Cardano (ADA), and then Tron (TRX) – the rest of the altcoins follow. On the other hand, the total market capitalization of cryptocurrencies has increased considerably to $223 Billionfollowing the recent bullish trend of the market. Let’s take an in-depth look at Cardano (ADA), Stellar Lumens (XLM), and Tron (TRX).

Cardano (ADA)

The price of Cardano (ADA) has increased by 13.31% in the last 24 hours, following the bear runs that occurred during the previous seven days. It is important to know that ADA is trading at $0.08459 at the time of writing with a market cap of $2,193,166,519.

There have been lots of developments with Cardano (ADA) in the past two months. The cryptocurrency launched ‘Project Prometheus,’ a project that will make sure the properties of the platform get migrated to digital devices and wallets.

Additionally, the founder of Cardano (ADA) – also the CEO of IOHK have earlier addressed investors about another project known as ‘Project Plutus,’ a project that makes use of complex programming language to improve Cardano.

Lots of ADA trades have occurred on UpBit exchange – taking more than 34% volume there. Cardano surge comes at the time when it got featured on Okcoin together with Ripple and Stellar.

Tron (TRX)

Another cryptocurrency making some bullish runs in the crypto market is Tron. TRX has increased by a significant percentage – before the current bull run, its price was low.

On top of market trend, much of Tron’s price surge has been relatively due to the unveiling of TronWeb – a front-end Javascript API. It is important to know that TronWeb will help to connect people using the Tron protocol.

The announcement was made on the official Twitter page of Tron Foundation:

Today we are releasing TRONWEB, a front-end javascript API that connects your project to the #TRON blockchain, equivalent to Etheurem Web3.js.”

Subsequently, Tron Foundation seems to be not slowing down on this, and it has stated that there are more upcoming projects to aid Tron’s network very soon.

At the time writing, TRX is trading at $0.02236, thus, increasing by 8.53% if we talk about valuation in the last 24 hours. The total market capitalization of cryptocurrency stands at $1,470,361,529. Tron has recently been listed on BitBay, Binance, KuCoin, and Bittrex.

Stellar (XLM)

Stellar (XLM) has been creating lots of thrills around it, especially when it earlier announced that IBM will be launching a new stable coin, using Stellar’s technology.

Stellar is back again, and as stated above, it just got listed on Okcoin. The blockchain project is expected to launch Lightyear soon – a ledger that helps in managing digital assets.

At the time of writing, XLM is priced at $0.2513, representing a growth of 18.65% in the last 24 hours only. This digital asset has a market capitalization of $4,730,782,855.

In the recent times, the bulk of the trading volume of XLM has been on Binance: XLM/BTC pair was 27.35%; XLM/USDT was 16.31%.

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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. The author is long Bitcoin. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of PixaBay

Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Altcoins

TRON (TRX) Is Likely to Go Big in June

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We are now halfway through 2019, and the situation in the crypto space is better than ever in the past year. Numerous cryptos are seeing large gains, often cut by brief periods of stagnation or small corrections, but the overall sentiment is obviously bullish.

Bitcoin sits way above the $8k mark, and while it struggles to go beyond $8,700, it is still trying to grow. Investors and analysts are quite bullish regarding the foreseeable future, and a lot of altcoins are expected to follow BTC in this regard. However, today, we would like to talk about one particular altcoin — TRON (TRX) — as well as why it is likely to go big in June.

TRON’s progress so far

As many people in and out of TRON community know, TRX is not a project that often sits still. It is rich with announcements, particularly when it comes to his CEO, Justin Sun, whose enthusiastic tweets often seem like hype building to many.

However, TRON made some massive progress in 2018, which was the worst year cryptocurrencies have ever seen. This is not something that can be achieved through hype alone, and the project needs to have true quality and value in order to see such massive development in the middle of the longest and harshest crypto winter in…

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Altcoins

IOTA (MIOTA) Pending Update Might Bring Huge Gains in Days to Come

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The crypto space is erupting once again, and if popular predictions are correct — the growth is only starting. However, in the vast sea of altcoins that hold the massive potential to go big in the future, we would like to set IOTA aside as one of the coins that might blow up quite soon.

As always, there are no guarantees of this, as the crypto space still lacks regulations, and remains highly volatile. To see proof of this, all you need to do is look at Bitcoin, which goes up by $1,000 within a day, only to slowly drop by $700 in the following week, and then repeat the process. In other words, there is still a lot of uncertainty regarding any project, and that includes IOTA.

However, even with all of that in mind, many are quite optimistic about this particular project, especially after a recent announcement. The announcement in question indicates that IOTA is about to see a massive upgrade. In most cases, this would be more than enough of a reason to expect the coin to start performing better. But, in IOTA’s case, this is nearly a guarantee that it will.

The update is believed to carry a lot of fixes for a lot of problems that traders and investors have been reporting for a while. No crypto is perfect, and since IOTA is…

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