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The battle between Ripple and Tron: Who will emerge victoriously?

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Ripple Tron
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Taking a deep look at Tron (TRX) and Ripple (XRP), you will realize that both of them are rivals in the crypto-market today. Recently, Tron (TRX) launched its own MainNet and it got listed in Indonesia’s biggest cryptocurrency exchange platform and as a result of the launch of MainNet, the cryptocurrency is increasingly becoming a threat to other digital currencies including Ethereum.

This is just the icing on the cake, but comparing and taking a bite at each other instead of moving forward might be not in the best interest for the both of them. Nevertheless, if you look at both cryptocurrencies you would discover that they both work to achieve the same goal and that is to get more users to adopt their blockchain technology. For this reason, we are safe to compare these two cryptos and know which of them will attract more investors to their blockchain technology.

Does Ripple (XRP) Have an Edge Over Tron (TRX) Now?

As it stands, Ripple is doing quite well in the market today but it is very difficult to ascertain which of them is better than the other. There haven’t been any public broadcast saying one is better than the other; this is another reason why the comparison of both cryptos need more facts to be added in the study in order to determine which of them, Ripple (XRP) or Tron (TRX) has more hegemony than the other.

To begin with, we are safe to say that Ripple (XRP) is doing very great, due to the fact that it is attaining the goal that has been set by the Ripple Foundation in order to improve the future of their blockchain technology as a well as the main goal of acquiring many users to adopt its blockchain technology.

Furthermore, the Ripple Foundation is more poised in becoming forefront among big financial banks around the world today and this is also the same as Tron. Its major stride this year (so far) is its partnership with Santander, Western Union, and MoneyGram and it is surely a major boost when considering the analysis between these two major cryptos. Indeed, we should not forget that Ripple is the third largest cryptocurrency in the market, too.

Its partnership with Santander paved way for the creation of OpenPay FX which is the first mobile app for cross-border payments. The creation of OpenFX by Santander couldn’t be achieved without the use of Ripple’s blockchain technology. Right now, Santander users in Europe and every part of the world can be able to make cross-border payments to any part of the world much easier. It is essential to know that this application, OpenFX, is secure, fast, and efficient.

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And of course, Ripple’s recent alliances with SBI Virtual Currencies exchange and the potential adoption by the Bank of America are worth noting as well.

With these strides, we can easily conclude that Ripple is moving at a faster pace than its counterpart; meanwhile, it constantly surprises the media with exciting news. At the same time, its Ripple Foundation is keeping track in ensuring that it constantly has more user to adopt its technology on a daily basis. Just recently, Brad Garlinghouse, Ripple CEO, hinted many banks would adopt Ripple (XRP) as 2018 ends.

Although there are certain faults on Ripple’s end and that its decentralized system as this is creating more fears among its investors. Besides, there have also been some complaints on Ripple on controlling its currency, XRP, judiciously and the currency is usually being omitted in its protocols such as xCurrent and xVia.

Nevertheless, Ripple Foundation is shrewdly taking care of both Ripple and XRP but it does it in an unusual way employing a different strategy. All in all, we can say Ripple (XRP) stills leads Tron here.

Is Tron Advancing Quicker Than Ripple?

Although Ripple has an edge over Tron in the sense that it was launched much earlier than Tron; but Tron is keeping up with the pace and it is emerging as one of the best digital coins in the world today. Earlier this year, Justin Sun stated his plans (or we can say his dream) to make TRX one of the biggest cryptos in the market, this plan is being actualized daily.

However, the evidence of the plans becoming actualized is in the launch of MainNet, which means that Tron (TRX) doesn’t need the technology of Ethereum to operate anymore. Although, Justin Sun has never come out publically to challenge Ripple or other cryptocurrencies as it seems both Ripple and Tron are working on the goal of introducing as many people as possible to embrace their individual blockchain technology.

Even though Ripple has achieved many strides with major financial institutions all over the world, Tron, on the other hand, has taken much interest In the entertainment industry in making sure that the industry makes use of its blockchain technology for its operations.

Additionally, with the latest achievement in launching its MainNet and a careful thought of designing its cryptocurrency before its initial coin offering has enabled Tron to look like some of Ripple’s features. More than 70 crypto exchanges listing the Tron already is yet another thing that entitles Tron (Tron) for all the fondness.

Nevertheless, with Tron’s strides, it may outdo Ripple in the cryptocurrency market, whereas Coinbase might decide who the leading cryptocurrency is, but they have been many predictions and stakes on who will win. For now, we just need to keep our fingers crossed and see what happens at the end since both cryptocurrencies are achieving great feats every day.

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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.

Image courtesy of Pxhere.com

Altcoins

DGB Price Prediction For 2018 and Beyond

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DGB price prediction
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With the crypto market being constantly bearish throughout this year, a lot of investors are having second thoughts about buying additional coins. While some large cryptocurrencies like Bitcoin or Ethereum can be considered safe investments, smaller coins like Digibyte (DGB) often receive a lot of doubt. This is why the DGB price prediction is necessary so that the investors can know what to expect.

DGB Price Prediction

DGB has had its ups and downs throughout this year, and at some point, it even went up by 70%. However, the constant bear market affected it just as much as numerous other cryptos. This has brought its value down to its current $0.025378 per coin. Some optimistic predictions from earlier dates saw the coin reaching as high a price as $9.20 by the year’s end. However, as we approach the date, it seems less and less likely that this DGB price prediction will come true.

The coin is generally seen as a profitable investment. As it is always the case with cryptocurrencies, they should be bought when their prices are down, so that a profit could be made when they spike up once more. Digibyte is no different, but it should be noted that investing in this coin means having patience. DGB is not among the coins that will make you rich overnight, and instead, it should be seen as a long-term investment.

Even though 2018 has been as…

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Altcoins

Why ZCash (ZEC) Is Heading to $10k

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Back in mid-May, the Winklevoss Twins made the headlines for embracing ZCash (ZEC) as one of its major digital assets on their groundbreaking Gemini exchange. When the announcement was made, ZEC rallied in the market by showing a 45% increment in value. The coin made it to $357 in a matter of hours.

Further assessing the currently available digital assets on the Gemini platform, we find that the exchange currently has USD pairings for only Bitcoin (BTC), Ethereum and ZEC. There is also additional pairings of ETH/BTC, ZEC/BTC and ZEC/ETH with plans to onboard Litecoin in the coming days.

Another thing to note is that the exchange also provides custodial services for institutional investors thus giving ZEC the much-needed exposure to the firms on Wall Street. Custodial services provide a guarantee that all digital assets on the platform are stored by a licensed entity thus extinguishing any cybersecurity concerns. For an entity to be licensed in New York for custodial services, the proper due diligence and research have been done.

Another thing that makes the Gemini exchange attractive and appealing to institutional investors, is that all USD deposits are insured by the FDIC. The latter entity is the Federal Deposit Insurance Corporation that provides insurance for USD deposits in American banks. This means that once again, the funds of individual and institutional investors are safe and insured, further making…

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Altcoins

Ripple XRP Mega Breakout: What’s Next?

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Ripple XRP mega breakout
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The Ripple XRP mega breakout that we were calling for happened and happened much quicker than anyone expected. As we said yesterday:

Nonetheless, IF, Ripple is capable of going ‘topside’ of the .38 figure at any point in the days/weeks ahead, such development, should it occur, would likely trigger its next advance into the .42 – .47 zone, representing a 30-40% move from present levels. On the flip-side, the .25 – .26 area should offer short-term potential support.

XRP is now sitting at .51704  as we write this article this morning, representing gains of 61% since we alerted our readers and our Global Elite email newsletter members.

Ripple XRP Mega Breakout

The Ripple XRP mega breakout is significant because it’s the first time XRP has been above its 50-day moving average since May. Right now, the RSI is approaching 80, so we are in overbought territory and we expect the price to consolidate around the .42 to .47 level before resuming its uptrend.

While some are looking at this as an opportunity to short XRP, we are not of that camp. While some can book some profits and use a trailing stop, any integration of XRP with xRapid has the ability to create a tremendous move in XRP. As Travis Kling said this week on the Off the Chain podcast with Anthony Pompliano, XRP could be the quickest five-bagger investors…

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