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Could Tron (TRX) maintain bull run all the way to its independence day?

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Tron TRX

Tron (TRX) has managed to be in the spotlight for a few months now, and this is something that is mainly attributed to the well-deployed strategies that the company has been executing to become a fully independent cryptocurrency. Just a few days away from finally making this a reality, the token has started a consistent climbing in the market that has made a lot of their holders feel thrilled. However, the question that remains is whether or not the Tron (TRX) will be able to maintain this kind of performance before their milestones are completed.

Tron’s independence journey started in the first quarter of the year with the launch of the TestNet on March 31st, an event that was supposed to be followed by the MainNet launch on the early days of July, but that was moved earlier to May 31st because of strategic decisions of the company CEO, Justin Sun. Ever since that date, the token has been working endlessly on their migration which is finally around the corner (it started yesterday and going to last until 24th of this month), and as the day comes closer, everything seems to look brighter for the coin.

As a matter of fact, the TRX token has been trading in the green for a couple of days now, and this is something that has a large part of the community feeling lucky. Would it be possible for the token to continue its climbing while its independence and Super Representative Elections occur? Let’s see find out.

Tron (TRX) behavior in the market

We are only three days from one of the most awaited events in the cryptosphere, the independence of Tron, and as if it wasn’t enough, just two days later (on 26th) the company will have its Super Representative Elections, a celebration in which an autonomous community will be selected for the TRX token.

It all seems like Tron is going through its best times as of now, but as the days pass by what the enthusiasts are more eager to know is how likely the coin is to continue such performance.

At the moment of writing, Tron (TRX) is valued at $0.04768 per coin, and it has increased in value by 5.13% in the last seven days according to Coinmarketcap. In this sense, it results evident that not just a day or two, the last seven days have been very positive for the token. In fact, only three days ago the crypto had a momentum of 21% in a period of 22 hours.

Justin Sun, CEO of the company, has been a crucial piece during the whole migration process, and only 48 hours away from this moment, the businessman published a message that has the power to continue with the positive sentiment. On his Twitter account, he wrote a note announcing that the coin was: “Back to No.9”, a fact that responds to the token replacing IOTA in the charts of Coinmarketcap.

Although it may be a momentaneous thing, we have solid reasons to believe the coin may not only keep the number 9th position but also, it could continue advancing towards achieving its goal of being a top 6 crypto.

Tron (TRX) has everything set to compete with the strongest cryptos of the market, so beware, a new era is coming soon for Sun’s cryptocurrency. Stay tuned!

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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 David Ohmer via Flickr

Altcoins

META 1 Coin Trust Announces Commission to Study Global Persecution of Cryptocurrency Projects

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Boca Raton, Florida, 27th October, 2020, // ChainWire //

Collaborating with Other Cryptocurrencies, META 1 Tackles Injustice and Human Rights 

META 1 Coin Trust has announced plans to identify, research and document instances of governmental overreach in cryptocurrency cases globally, as part of its ongoing efforts to advance human rights and individual freedom. 

According to Robert P. Dunlap, Executive Trustee of META 1 Coin Trust, “The malicious attacks on crypto projects globally by overzealous government agencies must be documented and publicized to protect the individual liberties of META 1 Coin holders, as well as issuers and holders of other cryptocurrencies.” He added, “The decentralized, non-jurisdictional reality of crypto has left government agencies often unable to fully litigate cases and the general public should not have to continue suffering due to excessive overreach as agencies clamor to save face.”

META 1 Coin Trust is led by Robert P. Dunlap and Nicole Bowdler, who are both committed to pushing back against unimpeded global persecution of cryptocurrencies. By calling attention to years of organized efforts by government agencies to specifically target cryptocurrency projects, their hope is that the public will see and demand an end to these unjust violations of individual liberty. 

Specific grievances which motivated this initiative include grave concerns over government agencies’ obstruction of individuals’ livelihoods, defamation of character, and libelous false accusations which could tarnish the names of individuals for years to come, long after legal actions…

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Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service

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TEL AVIV, Israel, 13th October, 2020, // ChainWire //

MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button. 

While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites. 

However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership. 

As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also…

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Blogs

How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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