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Crypto takeoff: EOS, TRON, and Stellar stepping solidly in the market

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crypto

If the question is which are the cryptocurrencies currently having remarkable behaviors in the market, the answer without any doubt features EOS, TRON (TRX), and Stellar (XLM). But what’s exactly going on? Let’s find out what these coins are doing and how the crypto market is receiving that.

EOS

The current selling price of EOS is 17.60 dollars per unit, a number granting the coin with a whopping 58% increase in a week.

EOS token has been having a bullish behavior all week, and it all seems to point it will continue making outstanding gains. One of the factors that may have been collaborating with this is the new listings that the coin gained in diverse cryptocurrency exchange platforms, among we can find Zebpay and eToro.

Additionally, a group of exchange platforms betwixt we can find Huobi and Bitfinex, have suddenly become very attracted to the EOS blockchain, and as a consequence, are seeking to produce blocks on it.

Similarly, the Software tech company Object Computing (OCI) broadcasted a webinar this Thursday – in which they explained how to build DApps using the EOS platform. The webinar is not available at the moment, but users have the chance to request a recording of it directly on the OCI site.

On the webinar, the main capability factors of EOS were elucidated, and the same way, viewers had the chance to see closely how a DApp set up works.

Shortly, we may potentially see a large group of EOS DApss appearing in the landscape. And that makes us wonder, how long would it take for EOS to reach the price of $20? Apparently, not that long!

TRON (TRX)

The current selling price of TRON (TRX) is $0.07745 per unit, a number granting the coin with a 41.30% increase in just the last seven days.

Indeed, TRON has returned to fight against the giants of the market! The current position of the token in the rank of the best cryptos is the number 10, with a market cap of $5.1 billion. However, this is not the first time the virtual coin has been ranked as the 10th largest coin, in fact, not so long ago it was also the number 10 but later on it got kicked and moved backward on the list. Would it this be the time of TRX to remain as one of the ten most important virtual coins on the market?

TRX has been recently added to the crypto exchange platform, Zebpay. That may be one of the reasons why the coin has been behaving so bullishly.

Nevertheless, it’ not only a fact of listings in reputed exchange platforms, the coin has been gaining a lot traction among users as well. Social media has been very supportive with the token, in fact, the founder Justin Sun, established on Twitter:

Stellar (XLM)

The current selling price of Stellar (XLM) is  $0.41352 per unit, a number granting the coin with a 7.22% increase in just the last seven days.

In fact, Stellar was the coin leading the top 10 position holders’ rally in the market not so long ago. However, it got displaced by both EOS and TRON just recently.

As with many other virtual coins in the market, Stellar is working on building up relationships that may boost its behavior. In fact, on May 1st, the Stellar team will fly to Dubai to attend a blockchain/fintech reunion. As the company itself has announced in a recent tweet, there’s still enough time if you want to register for the Dubai Meetup. So what you’re waiting for?

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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 Roo Reynolds 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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Altcoins

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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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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