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EOS vs TRON vs Ethereum: Which is the Best One?

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EOS vs TRON vs Ethereum
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In the world of cryptocurrencies, there are hundreds and even thousands of active coins. With so many of them, deciding which one to invest in can be a nightmare, especially for the new investors. Making such a choice requires a lot of research and fact-checking, since making a wrong choice will mean losing all of the money you invested.

Because of that, a lot of investors choose to only concentrate on top coins, which is a good strategy. Leave the smaller altcoins to more experienced people, who are a bit more attuned to the going-on’s in the crypto world. However, even if you only choose to concentrate on the top coins, you might still have a hard time finding the right one. This is why we have decided to compare some of the most popular cryptos, and today, we will be looking at an EOS vs TRON vs Ethereum comparison.

EOS vs TRON vs Ethereum

Making a choice, even when it comes to only these three projects, can still be a hard thing to do. All three of them have their own pros and cons. Ethereum, for example, has been holding the position of the second largest coin for years now. This would not happen if it were not a decent investment.

Then, there is EOS, a coin that aims to provide better technology and service in the pretty much the same field that Ethereum has been dominating for a long time. And finally, there is TRON, which is in a league of its own. Unlike EOS, TRON doesn’t want to kill of ETH and take its place. Instead, it has its own set of goals, all of which are extremely ambitious. Even so, TRON has been slowly fulfilling them, and it constantly draws closer and closer to its ultimate goal, which is the decentralized web.

EOS vs ETH

Ethereum is the second largest coin by market cap, bettered only by Bitcoin itself. It’s interesting to note that both, EOS and TRON, started off as Ethereum’s ERC-20 tokens. Still, neither of them was satisfied with remaining on ETH’s network, and so they became their own blockchains. They both launched their MainNets only a few months ago, but EOS has had a bit of trouble with its own project, at least at first.

EOS is relatively similar to Ethereum, which is why it feels confident when it comes to its chance of taking ETH’s place. There’s an argument to be made that EOS does everything that Ethereum does, only better. It is faster and cheaper, and its technology continues to improve. On the other hand, ETH’s technological development seems to be in a dead end, but the coin still remains firmly in its place as the second largest crypto.

How does TRON fit in?

We already mentioned that TRON was an ERC-20 token as well, and it also recently launched its MainNet. What makes it different from EOS is that everything it does seems to be very successful. It launched numerous successful projects, the good news is piling up constantly, and it entered more partnerships than we can count.

Its aim is to revolutionize the entertainment industry, and eventually lead us to a completely decentralized web. This might seem impossible, but all that TRON really needs is time to lead us to this. This is why TRON is among the most popular and best coins today.

EOS and ETH are not bad either, and EOS might even pull off the ETH replacement. However, that is still in the future, and for now, they all struggle with a constantly bearish market.

Check out the new Global Coin Report talk show as we address all the highlights in crypto and the financial markets. With guests from all over the cryptosphere bringing you news, editorial, and of course, money making opportunities.

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

3 Altcoins That Are Outperforming Bitcoin and Will Likely Face Consequences

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The crypto market is going through a period of massive recovery in the past few months, which has caused the investors’ optimism to return. While all eyes are on Bitcoin (BTC), as usual, the largest coin seems to be struggling with a major resistance level at $8,000 at the moment. While this level was breached a few times now, every breach resulted in a correction.

At the time of writing, BTC is approaching this level yet again, with its current price being at $7,985,79, and rising further. The price managed to grow by 1.06% in the last 24 hours, and will undoubtedly hit $8,000 in a matter of hours, if not sooner.

However, while Bitcoin continues to remain volatile and struggles with waves of growth and decline, there are some altcoins that are not following its path. Of course, most of them are performing in pretty much the same manner as BTC, as they always had. But, a few coins have actually managed to outperform Bitcoin in recent months.

While optimists believe that this might lead to decoupling from Bitcoin — something that only Binance Coin (BNB) managed to pull off up to this point — it is likely that there will be consequences for these cryptos. This likely means that a price drop for these specific coins awaits somewhere in the near future, as outperforming BTC…

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Altcoins

Why Binance May Be Crucial for Tron (Trx) to Reach $1

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TRON
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TRON (TRX) has been one of the most popular crypto projects in the past year. The coin has received a lot of attention from the entire crypto community, and although the impressions may differ —  the fact is that TRX is one of the most talked-about coins, even today.

However, while the project managed to achieve a lot in less than a year — launch its MainNet, start multiple massive projects, launch dozens of dApps, hundreds of smart contracts, its own DEX, new token, and more — its price remains quite low. Undoubtedly, one of the reasons for this is its massive supply. TRX circulating supply is over 66 billion coins, while the total supply is over 99 billion.

Even so, the coin is believed to be massively undervalued, with its current price sitting at $0.028129, according to TradingView. This price, together with a market cap of $1.88 billion, pushed the coin out of the list of top 10 largest cryptocurrencies, and it currently sits at 11th spot. But, many believe that this is not a permanent position for TRON. In fact, its community believes that it is only a matter of time before TRON rises through the ranks, and its price hits $1. And, the way for the coin to achieve this is believed to be through Binance.

TRON and Binance

Binance is one of the world’s…

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Altcoins

Why Tron (TRX) Price Won’t Remain Low for Long

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TRX
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TRON (TRX) has been one of the most popular cryptocurrencies in recent years. The project has achieved a tremendous amount of success in less than a year, and while the first birthday of its MainNet is approaching, TRON certainly continues to impress to this day.

With that said, its price is still noticeably low, and many would agree that the project is heavily undervalued. The low price even allowed other projects to push it out of the top 10 list, with TRX currently being the 11th largest cryptocurrency by market cap. However, it is likely that TRON will not remain undervalued forever, and that its price might soon see a surge that its entire community has been waiting for, for a long time now.

Why TRX might see growth soon

As many undoubtedly know, TRON is a lot more than just a cryptocurrency. It has developed a massive ecosystem, which offers a development platform for coins, smart contracts, and dApps. It also acquired BitTorrent last year for its Project Atlas, which will allow torrent users to earn crypto through participation in content sharing.

For this purpose, it also launched BitTorrent (BTT) token, which saw its launch on January 28, 2019 on Binance Launchpad. This was dubbed the most successful ICO in history at the time, although several coins launched since then have broken its record.

In addition,…

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