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Tron’s mainnet migration starts receiving support of exchanges already



Tron xrp mainnet migration

An overall market cap made Tron’s TRX altcoin drop by 4.44% in 24 hours, which brought it down to the market’s number ten position. TRX started on April 27 at $0.069 and then broke the psychological $0.1 barrier on April 30th. It went down a little right after that, and at the time I researched this article it was at $0.083, which is still a relevant increase in value.

Only Cardano‘s coin has grown more, or quicker than Tron’s coin. Tron has grown by 10.22% over the last week while Cardano is up by 21.24%

As Tron’s Main Net migration becomes imminent (scheduled for May 31st), digital asset exchange platforms are continuing to support Tron; in return, increasing demand, and adding value. This even includes the May 25th virtual machine run. is (owned by Gate Technology Inc.) one of the world’s leading exchange platforms. They do business in 130 different countries, and the exchange very well known for being a simple and safe place to trade in Bitcoins. It’s been around since 2013, and, from its beginning, it’s been offering hundreds of high-quality blockchain products, trades, and exchanges the world over. And now, it is supporting Tron’s migration wholeheartedly.

The migration means that all of Tron will go from the ERC20 token to TRX. Justin Sun (Tron’s founder and CEO, who is already being hailed as the next Jack Ma, Alibaba‘s founder), is the man behind the plan. This migration has been criticized by some, especially by Vitalik Buterin, of Ethereum fame, but it must be noted that Mr. Buterin has a bone to pick because as Tron’s move attracts new investors, Ethereum will be the main loser.

Once Tron’s Main Net is deployed, Tron will be the world’s largest blockchain currency if we go by user base numbers. It will be just as big as Ethereum and Bitcoin, but it has the potential to become an even bigger ecosystem. It already has a hundred million users and support from some very relevant partners.

A cryptocurrency that’s getting support from such big players should get your attention. Tron’s currency is relatively new, but it’s fast, reliable and holds a lot of promise. Bitfinex also came out in Tron’s support last week.

Besides the migration, Tron announced an Ethereum airdrop last April 21st to show their support for the subjected currency community. As I write this article, 4% of Ethereum users have been included in the airdrop.

Right after that Tron increased mining fees in order to motivate collaborators to increase transaction speeds even further (and Tron’s coin is already among the fastest in the market).

The airdrop produced a lot of excitement among Twitter users. It’s happening, they have good reason to be excited.

At this point in time, despite some fluctuations, Tron’s coin is still cheap enough to buy in bulk and chances are it will increase its value steadily during the rest of the year.

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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 Luke Jones via Flickr


XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange



Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited ( ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub ( ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Should Crypto Projects Devote Resources to Community Growth and Marketing?



2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata



Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub ( will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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