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Electroneum (ETN) on the rise, can it make to highest market cap coins? - Global Coin Report
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Electroneum (ETN) on the rise, can it make to highest market cap coins?

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Electroneum
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Electroneum is a very particular blockchain project because it emphasizes mobility and usability. You don’t mine the ETN token with custom hardware (as with Bitcoin) but merely installing an app on your mobile phone.

This token has kept a shallow profile for months, but as more people install the app into their phones, the trading volume is growing along with the demand. Now ETN is the world’s 43rd token by market capitalization, a spot previously held by Baytom. The cryptocurrency is up by 4.71% in the last 24 hours.

That is not spectacular news, for sure. But it shows how this project is gaining momentum and going up slowly but steadily. Is it winning in a way that your cell-phone will make you rich? Of course not.

But it’s gaining in an environment in which almost all coins are losing value every day since last December. It shows that this project is gathering momentum and it’s going up, against the general trend, when most others are receding.

This behavior is abnormal in the current market, and it shows that Electroneum could very well be on its way to becoming one of the most valuable, and useful, cryptocurrencies in the market. The current growth rate suggests it could join the top ten list before the year’s end. We are not exaggerating; it’s a solid coin, a solid project. Let’s review how ETN has achieved this growth.

First of all, Electroneum’s PR and marketing strategies have made fantastic progress in appealing to the market. This project has been careful about regulatory compliance which is something other projects could take into account because it’s a critical element not just for ETN but the crypto verse as a whole.

The project is KYC compliant, and that gives it an advantage regarding mass adoption because it enables ELM to look for partnerships everywhere in the world without local governments getting in the way.

KYC compliance has been at the hear of most of ETN’s recent momentum. And the momentum will keep up as partnerships, and token users start popping up. That will create demand for ETN, and its price will go higher.

As a matter of fact, a meaningful partnership, just one, could bring ETN into the top 10 because it’s so easy to use and acquire. Because of Electroneum’s focus on mobile technology, many of those partnerships will be with telecom and mobile companies around the world which have a vast pool of users.

Most partnerships in the cryptosphere are not that big. They are usually about taking a small bite at the time. Electroneum could be a different animal altogether. Because of the mobile factor, they could create a few partnerships that could change the game for everybody in a single day and get it right there, playing against Cardano, Litecoin, Ethereum and, yes, even maybe against Bitcoin.

That isn’t so hard to see or understand. If you just look at the way in which ETN has gained so much so quickly you must realize that mass adoption is a real possibility.

The other thing to notice is even more important. All the progress Electroneum has made has nothing to do with cryptocurrency exchanges because most of the major ones have just been pretending it doesn’t exist. This means that ETN’s growth has nothing to do with speculative pressure but with real-life usefulness.

Whenever Binance announces a new coin in their platform, it doesn’t matter if it’s useful or known. It could be the most obscure token on the planet, and Binance’s announcement will bring it up by 50% at least, every time. It’s happened already, many times. Electroneum has did not need this to grow.

This digital asset is well designed, it’s solid, fundamentally solid and it’s doing great without any attention from speculative investors. In a year that has been bearish for almost every crypto-coin, Electroneum has been bullish, at least recently.

That is getting the currency and the project a lot of new attention it didn’t have before, and this is good for everybody. The token is in high demand, it’s liquid, it could be profitable, and you can mine it from your mobile phone. The only thing we don’t understand is why the major exchanges are not listing Electroneum yet. But we’re rather sure that will change soon.

For the global insights every crypto trader must have, apply for Elite membership!

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.

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Top 4 Cryptocurrencies to Bet on in 2019

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The crypto winter ended and Bitcoin is breaking through the $5000 resistance barrier and leading a general charge in bullishness among cryptocurrencies has seen more positivity in the market than ever before. However, before any talk of a crypto spring should start, we need to look at what happened during the winter.

Many different platforms were either fully released or improved upon significantly. There has been a surge of innovation and the crystallization of ideas. The market isn’t just about crypto trading or bitcoin trading; it has become more about what businesses will leverage blockchain in the best way. Investors need to look at what a coin offers beyond just being a cryptocurrency. What partners does it have, what is the long term plan and is it liquid enough?

Investing in altcoins has never been a better option than right now. The volatility index shows that the market is growing without having to rely on Bitcoin. While Bitcoin still determines and up or down trend, the altcoins do not follow this trend exactly. More and more tokens and coins are surviving and thriving on their own merits rather than riding in Bitcoin’s wake.

The four coins to follow are our pick for the top 4 cryptocurrencies most likely to give you substantial returns by the end of 2019.

Stellar Lumens (XLM): Cheap coin, and massive market to grow

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2019 Will Be a Big Year for Luxcore

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Luxcore
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With the recent surge of Bitcoin in the last few weeks, many traders are hoping for a more profitable year than 2018.  Even if that comes to fruition, my advice over the past year remains the same.  Traders must look for companies and projects that offer blockchain solutions with real-world use and complete transparency.  One company that meets both of those requirements is Luxcore (LUX).

What is Luxcore?

Luxcore is a blockchain solutions and services ecosystem that focuses on developing security and privacy products.  The Luxcore platform utilizes the PHI2 algorithm powered blockchain to build a wide variety of product offerings.  One of the platform’s primary goals is to help close the gap between regular consumers and enterprise users by introducing specific use-cases for each group of users.

Exciting Roadmap for 2019

As mentioned earlier, one of the absolute requirements of building a successful blockchain project is to be fully and completely transparent.  Luxcore certainly meets that requirement with the introduction of their most recent roadmap.

The roadmap does a great job of showing which projects are in development, how far along each project is, and the expected completion date of each project.  With this, LUX traders and potentially interested consumers can follow along and monitor the status of projects that they are especially interested in.

Since many crypto projects have inevitably disappointed the market, offering…

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Can XRP Break Out of the Falling Wedge?

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XRP
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XRP is the third largest cryptocurrency by market cap, which currently sits at around $13.5 billion. The coin also has a price of $0.325316 at the time of writing, after seeing a significant price correction of 4% in the last 24 hours.

Just like many other cryptocurrencies, XRP has seen massive losses during the 2018 bear market. However, this falling wedge seems to have seen a real breakout in 2019, as the crypto winter started to let go, and a lot of coins saw significant price recoveries.

XRP’s falling wedge was much more difficult to stop, which can be seen on its long-term chart. But, the recent bull runs allowed numerous cryptocurrencies to finally see growth, and XRP is definitely one of them. The charts also show that the coin’s falling wedge has seen a breakout, which is an excellent thing for the future of XRP’s price.

However, for the coin’s price to truly turn and stay bullish, XRP needs to see larger volumes. The experts believe that this is the key for a new rally, one which would allow XRP to reach true recovery.

XRP price performance and predictions

As mentioned, XRP had struggled to start growing even when most other cryptocurrencies were drawn in a number of bull runs. While the coin has been acting the same as others until mid-February, it is clear that the…

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