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

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 4 Cryptocurrencies to Bet on in 2019

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The crypto winter ended and Bitcoin is breaking through the $5000 resistance barrier and leading a general charge in bullishness among cryptocurrencies has seen more positivity in the market than ever before. However, before any talk of a crypto spring should start, we need to look at what happened during the winter.

Many different platforms were either fully released or improved upon significantly. There has been a surge of innovation and the crystallization of ideas. The market isn’t just about crypto trading or bitcoin trading; it has become more about what businesses will leverage blockchain in the best way. Investors need to look at what a coin offers beyond just being a cryptocurrency. What partners does it have, what is the long term plan and is it liquid enough?

Investing in altcoins has never been a better option than right now. The volatility index shows that the market is growing without having to rely on Bitcoin. While Bitcoin still determines and up or down trend, the altcoins do not follow this trend exactly. More and more tokens and coins are surviving and thriving on their own merits rather than riding in Bitcoin’s wake.

The four coins to follow are our pick for the top 4 cryptocurrencies most likely to give you substantial returns by the end of 2019.

Stellar Lumens (XLM): Cheap coin, and massive market to grow

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2019 Will Be a Big Year for Luxcore

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With the recent surge of Bitcoin in the last few weeks, many traders are hoping for a more profitable year than 2018.  Even if that comes to fruition, my advice over the past year remains the same.  Traders must look for companies and projects that offer blockchain solutions with real-world use and complete transparency.  One company that meets both of those requirements is Luxcore (LUX).

What is Luxcore?

Luxcore is a blockchain solutions and services ecosystem that focuses on developing security and privacy products.  The Luxcore platform utilizes the PHI2 algorithm powered blockchain to build a wide variety of product offerings.  One of the platform’s primary goals is to help close the gap between regular consumers and enterprise users by introducing specific use-cases for each group of users.

Exciting Roadmap for 2019

As mentioned earlier, one of the absolute requirements of building a successful blockchain project is to be fully and completely transparent.  Luxcore certainly meets that requirement with the introduction of their most recent roadmap.

The roadmap does a great job of showing which projects are in development, how far along each project is, and the expected completion date of each project.  With this, LUX traders and potentially interested consumers can follow along and monitor the status of projects that they are especially interested in.

Since many crypto projects have inevitably disappointed the market, offering…

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Altcoins

Can XRP Break Out of the Falling Wedge?

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XRP is the third largest cryptocurrency by market cap, which currently sits at around $13.5 billion. The coin also has a price of $0.325316 at the time of writing, after seeing a significant price correction of 4% in the last 24 hours.

Just like many other cryptocurrencies, XRP has seen massive losses during the 2018 bear market. However, this falling wedge seems to have seen a real breakout in 2019, as the crypto winter started to let go, and a lot of coins saw significant price recoveries.

XRP’s falling wedge was much more difficult to stop, which can be seen on its long-term chart. But, the recent bull runs allowed numerous cryptocurrencies to finally see growth, and XRP is definitely one of them. The charts also show that the coin’s falling wedge has seen a breakout, which is an excellent thing for the future of XRP’s price.

However, for the coin’s price to truly turn and stay bullish, XRP needs to see larger volumes. The experts believe that this is the key for a new rally, one which would allow XRP to reach true recovery.

XRP price performance and predictions

As mentioned, XRP had struggled to start growing even when most other cryptocurrencies were drawn in a number of bull runs. While the coin has been acting the same as others until mid-February, it is clear that the…

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