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EOS vs IOTA: Which Project To Support?

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EOS vs IOTA
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No matter how experienced crypto investors are, they always have to tackle the same issue  — whether they are a novice or a professional. The problem, of course, is which coin to invest their money into.

Despite the fact that 2018 has been almost constantly bearish, and that numerous cryptocurrencies have suffered great losses, a lot of them managed to achieve great things. This has brought them to the attention to investors, which is why comparing such coins has become increasingly popular. One such comparison is EOS vs IOTA, which is what we will explore today.

But first — let’s take a look at each of these coins, and see what is it that they have to offer.

EOS

EOS is among the largest crypto projects in the entire industry. It holds the 5th place on CoinMarketCap’s list of largest cryptocurrencies per market cap and has a price of $5.70 per coin. EOS also claims to have the most robust blockchain worldwide. It is a decentralized project that is dedicated to the creation of dApps.

Its network is highly scalable, and the project has gained a lot of popularity this year due to the launch of its MainNet.

Due to its dedication to dApp creation, EOS is often compared to Ethereum. Many believe that this project has a potential to even replace Ethereum. Whether or not this can actually happen is something that we will have to wait and see. However, a lot of experts remain optimistic. Apart from that, EOS remains a coin that offers up to 3,000 transactions per second, which makes it one of the fastest ones around.

IOTA (MIOTA)

Next, we have IOTA. This is a platform dedicated to combining the blockchain technology and Internet of Things. Its goal is to create a new, permissionless ecosystem, where everything will be connected into a single large network. Because of this, many analysts believe that IOTA might be the project that will bring the internet to a next level.

IOTA also seeks to redefine things like value, trust, as well as ownership. According to IOTA Foundation, data can only ever be as valuable as it is valid, which is why IOTA is trying hard to increase transparency, and ensure the truth. Its platform was designed to have zero-fee transactions which would happen in real time.

IOTA is a massive project with a lot of support from its community, but also from some of the largest carmaking companies in the world. Its products are especially interesting to carmakers since they can be used for updating data without the need to do it manually.

The coin is currently ranked as 11th on CoinMarketCap, with a price of $0.562404 per coin.

EOS vs IOTA

Both EOS and IOTA have extremely large importance in the modern crypto world, IOTA’s reach goes even beyond, with the project having a lot of significant use cases in the real world. By connecting IoT devices into a single large network, IOTA and its project Tangle may completely change the way we interact with the world, and devices around us.

EOS also has a significant impact on the future thanks to its ability to allow dApp creation. As blockchain technology and decentralization slowly conquer the market, dApps are becoming more and more popular. There are those who believe that dApps will eventually dominate over regular apps, which will significantly affect things like privacy, information sharing, and alike.

All in all, EOS vs IOTA debate doesn’t really have a clear answer, as both projects are massive and important in their own way. Even so, almost all experts agree on the fact that neither of these projects will quietly disappear since they are both needed in order for us to advance to the next level.

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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.

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Altcoins

XRP Continues to Struggle Despite the Bullish Market

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XRP
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The crypto market, in general, has been seeing a rapid recovery for months now, especially when it comes to top coins. Bitcoin has already surpassed the levels it was seeing before the November 2018 market crash, with the current price of $6.852 at the time of writing.

However, the same is not true for XRP, the third largest cryptocurrency, which is still trading below its largest support. While its price did try to test the resistance at $0.312 several times in the past weeks, the coin saw a rejection each time it approached it. Combine this with the fact that XRP’s price against the USD is trading within a descending triangle, and it is easy to understand why many investors are worried.

Is XRP about to start spiraling down?

XRP is a massive coin, despite the fact that its price is low. As such, it has a major impact on the market, and if it were to go down, it is likely that it would take a large portion of the market with it. As mentioned, Bitcoin itself is advancing rapidly. However, historically, such massive uptrends often lead to just as massive potential downtrends.

As things are now, many expect it to come once BTC hits $7,000. However, many are looking for other unfortunate events that might trigger a massive sell-off. Experts have been warning that events…

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Justin Sun Bullish On TRX and BTT

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Justin Sun
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While TRON (TRX) managed to become one of the most popular projects in the crypto history, the coin itself has been in and out of the list of 10 largest cryptos by market cap several times by now. Recently, it got pushed out of the list once again, although not very far. After briefly holding the 10th spot, it got replaced by Cardano (ADA) which is, similarly to TRON, yet another challenger to Ethereum.

Meanwhile, TRON’s founder and CEO, Justin Sun, appears not to be worried about the current situation. In fact, he recently stated that he believes TRON will climb back up among the top 10 coins within a month. However, he gave another prediction, and this one appears to be quite bold.

Justin Sun’s TRX and BTT predictions

According to Sun, another cryptocurrency that recently joined the TRON ecosystem, BitTorrent (BTT), will soon see a massive surge which will bring it among the top 30 coins. Sun predicts that this will happen at some point during Q2 of this year.

Of course, Sun’s bullishness when it comes…

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Top 4 Cryptocurrencies That You Won’t Find Among the 100 Largest Coins

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Cryptocurrency investors are always on the lookout for the best investment opportunities, and as such, they follow closely what happens with the smaller coins, as well as the largest. A lot of people have a general rule to only invest in the largest, and well-established cryptocurrencies. This is a good rule that can allow them to avoid scams and increase their chances of getting a decent profit.

However, there are investors who are ready to take the necessary risks in order to become early adopters of future stars of the crypto space. The space is alive, and the top 100 list constantly changes. Even the list of top 10 largest cryptos looks a lot different today than it did a few years ago. Sure, some coins are the same, but they are in the minority.

With all that in mind, we will now take a look at top 4 cryptocurrencies that are not even among the 100 largest coins — but they do seem to have the potential to change that in the future.

Kin (KIN)

As mentioned, coins enter and leave the list of top 100 largest cryptos all the time, and KIN is a perfect example of this. The coin currently has a market cap of $35.98 million, and it ranks as the 120th largest coin at the moment. However, the coin did not sink because…

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