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What to Expect from Bytecoin Price in the Future?

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Bytecoin (BCN) may not be one of the most popular coins in the entire crypto market, but it definitely made some significant progress on getting there. This is a discrete coin that is not attracting a lot of attention at the first glance. However, if we take a look at some of the transactions processed by it, its story begins to unfold, and we can see that the coin is gaining popularity. With a situation like that, what can we actually expect from Bytecoin price in the near future? This is something that a lot of investors are currently wondering, which is why today, we will try to provide them with an answer.

Bytecoin price now

Like all cryptocurrencies, Bytecoin price has seen a big decline this year due to the bear market. Its current price is barely $0.001788, with a decline of 8.87% over the last 24 hours, This has placed the coin on the 25th spot on CoinMarketCap’s list of largest cryptocurrencies by market cap. However, it would be wrong to believe that the coin’s price is so low because it’s a bad coin. Its huge circulating supply is large to be blamed here.

The current circulating supply is 184 billion tokens, which is less than half a billion shy of its total supply of 184.470,000,000 BCN.

Even so, BCN will always have its place in the market due to huge amounts of privacy which it provides to its users. Its blockchain is easy to use, and transactions cannot be traced, which will eventually ensure this coin’s popularity. Additionally, the coin is very efficient, which has led to a huge increase in its community. Eventually, what this coin needs is time and patience, which is why it is a perfect choice for the long-term investors.

Bytecoin is not a pump and dump scheme

Thanks to the increase in false ICOs and other numerous crypto-related schemes, a lot of people were worried that BCN might be a pump and dump scheme. Investors were basically afraid that they will be tricked into investing in a coin that will prove to be worthless. Its team, however, responded with claims that they have no control over the coin or the possible directions of its price. In fact, all that they can control is the coin’s underlying software.

Additionally, a while ago, BCN announced its own debit card project. However, it never seemed to arrive, and the team claims that the project has run into a few setbacks and that more information will be released as soon as the team gets them. Many were also worried about the project’s roadmap, but the team also announced that the updates will come in due time, asking for patience.

The coin has been listed on a decent number of exchanges and has entered quite a few partnerships. While it has its issues, it’s still a coin worth investing in. It is true that Bytecoin price is not doing tremendously well right now, but the coin’s community remains convinced that its time has simply not come yet. When it does, it will be able to compete with the best of them. In the meanwhile, believers in the coin are purchasing as much as they can right now, ensuring large returns when the winds change, and the price of Bytecoin grows.

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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.

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Altcoins

Encrypgen’s New HODLING Incentive Program May Send DNA Token Soaring

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Encrypgen
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Cryptocurrency traders have enjoyed a Bitcoin moon shot during the past few months.  Those gains have created a much more enjoyable environment for crypto bulls.  Whether it’s a temporary or permanent increase remains to be seen but hitting the 10,000 level has put everyone in a better mood.  Unfortunately, altcoins have not had experienced the same type of gains and are lagging significantly behind Bitcoin.

I’ve written articles in the past year that there is at least a decent chance that many altcoins won’t survive the current environment.  The ones that do will do so because they created a platform that has real world usage.  After spending countless hours researching many of the existing altcoins, I’ve yet to see a company that is more promising than Encrypgen (DNA).

Encrypgen Background Information

Encrypgen is a genomic blockchain network that provides customers and partners with best-in-class, next generation, blockchain security for protecting, sharing and re-marketing genomic data. This creates a fair marketplace for a person’s DNA that can be stored privately and sold (if a person wishes to do that). A person’s DNA can also be shared privately and securely with their physician for their personalized care.

Typically, people can send their DNA off to a lab to find out who they are and where they come from. As fun as that might sound, there is a significant security problem…

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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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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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