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Current EOS consistency might be the start of something extraordinary

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EOS

Cryptocurrency markets are very competitive, and several tokens have made records in price increase; lately, EOS is doing very well.Today the token has reached the highest price of $14.48 this represents an increase of a whopping 60.5% within the last seven days. As of today, even after the unfortunate news of MyEtherWallet hacking after which all the crypto market got scrambled again, the EOS price, unlike all other cryptocurrencies, still didn’t go down dramatically.

The way that EOS has performed in the market indicates that it has achieved high gains since the beginning of April. At the beginning of the month, the price of EOS was around $6, but the introduction of EOSIO dawn 3.0 version has helped the cost of EOS to increase day after day.

Tracking back to January this year, EOS price reached at the all-time high of $18.23, but with the current trend that is being experienced on the EOS price increase rate, it is predicted that soon the price will supper that record.

EOS price projection

The price of EOS is expected to rise even further. Experts have proved that EOS has a potential of reaching double-digit dollar in quick succession of time. The EOS’s rise apparently can be compared to the increase in price that was experienced by Ethereum (ETH) before ICO boom that began mid-2017.

At a certain point in April before the record increase, the Ethereum price was around $50, but after mainstream media started reporting crypto, the price of ETH began to increase sharply and reached a value of approximately $730 at the end of the year.

It is expected that at around June this year, EOSIO 1.0 will be introduced into the market. But until now, the exact date has not been confirmed. Still, this gives us hope that the tokens that are much anticipated by many people will soon be available to the market. EOSIO 1.0 will provide the developers with a new option for developing decentralized applications.

Potential effects of EOSIO 1.0 launch on EOS prices

The launch of EOSIO 1.0 will make EOS token to convert to a new platform. After this migration, EOS will become a coin. Past occurrence in the crypto market has shown that whenever many people await a coin migration, the token experiences considerable increase of price in the market. Both EOS and Tron more likely are following the same sequence with their Mainnet releases expected in June and may respectively

Basing my argument on the trend that has been experienced on the EOS market price, I can conclude that this may be a beginning of something special. The price of EOS is going to surpass many other tokens, and it is on its way achieve all times highest price.

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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 Maciek via Flickr

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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Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social

When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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