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BAT Coin Price Grows Due To Possible Coinbase Listing

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Following the recent Coinbase announcement regarding the new listing of 0x, a lot of investors started speculating which cryptocurrency might be next. While Coinbase has announced reviewing several altcoins throughout 2018, it appears that most experts believe that BAT coin might be the one that this exchange will support next.

Basic Attention Token, also known as BAT coin, is an open-source, decentralized project created on Ethereum’s network. Its platform is also known for its integration with the web browser called Brave.

As an ERC20 token, BAT coin is among the coin that Coinbase seems to be interested in, which is what qualifies it for the listing. As a result of speculation, BAT has seen a significant price surge in the last 24 hours. The coin grew by as much as 12%, which made it even more interesting to investors, considering that the majority of other altcoins are currently trading in the red.

At the time of writing, the value BAT coin is $0.204778 per unit, with the coin being ranked as 44th on CoinMarketCap. The gains have made BAT attract additional attention, although there is still no confirmation that Coinbase will actually introduce this coin to its platform.

Even so, a lot of investors remain hopeful that this might be the case, as the recent listing of 0x indicates that Coinbase is finally ready to expand its token list. Furthermore, the exchange made it clear some time ago that they have an interest in ERC20 tokens. After 0x integration, it became clear that this interest is genuine.

Will the value of BAT grow or drop?

At the moment, the crypto community seems to be excited by the possibility of listing.

If Coinbase decides to add support for BAT, investors expect that the current price surge will grow by several times, launching the coin’s value further up. However, there are also those who believe that the price surge is only temporary. According to them, the coin will likely experience another price drop quite soon, and possibly even sink back to the value of $0.191.

Considering that the current price surge of BAT coin is the result of speculation only, it would not be unusual for a price correction to take place if Coinbase doesn’t announce support for this digital currency. However, the opposite is also true, and if BAT actually gets a place on Coinbase’s platform, its price will likely reach entirely new heights.

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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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Altcoins

TokenPay (TPAY), Litecoin, and Verge (XVG) alliance about to transpire

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Ever since the cryptocurrency sphere was met with the news of the partnership between Litecoin Foundation, TokenPay, and Verge (XVG), the idea of them coming together has been among the most controversial news to ever surface in the cryptocurrency world.

The collaboration managed to even draw the attention of one of the most renowned crypto-influencer and bitcoin campaigner, Tone Vays. In his usual style, Tone took to Twitter handle on hearing the news, tweeting and expressing his disapproval while criticizing the creators of the three cryptocurrencies for allowing such a move to occur.

In retaliation to the attacks from Tone, Charlie Lee, the MD, and founder of Litecoin (LTC) posted his clarification on Reddit on the 17th July in regards to the partnership. Litecoin’s CEO started by explaining the dissimilarities between Litecoin as a currency and Litecoin as a company.

In his remarks, he said that Litecoin as a blockchain and crypto network is a decentralized network, whereas Litecoin Foundation as a company is a centralized non-profit institution whose goal is to ensure Litecoin (LTC) is developed, adopted, and used. Charlie also mentioned that Litecoin’s cryptocurrency and blockchain technologies did not require his direct services at the moment hence his concentration on Litecoin Foundation.

Charlie Lee made his remarks known saying:

“If Litecoin Foundation (LF) is exposed to not doing a good job, nothing should prevent another organisation to step in and do a better job. This is…

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Altcoins

Here’s Why This Coin Still Has Wings (WINGS)

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WINGS, a decentralized crowdfunding platform based on the Ethereum blockchain, has had a great run over the past two months. Culminating in a peak of US $.23 just a few days ago, the currency behind the product has more than doubled since it’s lows of early September.

Despite the slight downturn WINGS is currently experiencing, this crypto-favorite may not be done running up the green candles on your favorite exchange just yet. A small drop like we had today was actually expected and could be considered healthy by long-term investors. These dips are also appreciated by those of us waiting to get in on a project we feel has real potential. WINGS has shown us that potential and is now presenting a great buying opportunity for speculators and traders looking for the next wave of support to lift this coin into the stratosphere.

What is WINGS?
WINGS was created to nurture project proposals via the Decentralized Autonomous Organization (DAO) model. Using blockchain networks and smart contracts, the platform allows the WINGS community to promote proposals with the greatest chance of positive returns. WINGS, in essence, is a decentralized forecasting ecosystem, where token holders are given an incentive to make choices concerning projects on the platform.

The DAO is a popular concept for crypto-projects that want to remain entirely on the web. Using the peer-to-peer technology of blockchain and smart contracts to enforce the rules of participation is…

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Altcoins

4 Things That Will Make An Altcoin Successful

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Since the crypto craze began, there have been hundreds of altcoins that have emerged and attempted to take over the world of crypto with their advanced and innovative ideas. While these days there are well over 2,000 individual coins, there have been many more to emerge and disappear, all within the last 10 years.

Clearly, having an idea and launching the coin itself is not enough. While it is by no means easy to do so, there are additional measures and rules that you, as an altcoin creator, need to consider if you want your coin to remain relevant. Clearly, not every idea can succeed, and after 10 years, it is quite difficult to present something new. However, cryptos are still a new technology, which is why there are still many unexplored possibilities that may allow you to reach success.

Secrets to altcoin success

1. Capturing the attention

As mentioned earlier, there is not a lot of things that are simple when it comes to creating altcoins. However, while your plan and idea make sense to you, no matter how complex they end up being, this will not be the case with potential investors. Many of them might give up on getting involved if they do not understand what the coin is all about, or if the road ahead seems too complicated and unclear.

This is why having an idea is not enough. What you need to…

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