For the most part of their decade-long history, cryptocurrencies were unknown or ignored by the large part of today’s traders, investors, and enthusiasts. It wasn’t until the second half of 2017 that most of the current crypto community truly paid attention to this technology.
This is when digital currencies experienced the largest surge in value in the last ten years, and when thousands upon thousands new investors rushed in, wishing to join the new market. However, as soon as 2018 arrived, a price crash followed, with many believing that this will be the end for digital currencies.
While the bear market did not help their development, or their expansion into the mainstream, the interest in crypto did not go away. In fact, it kept growing, and online searches for cryptocurrencies, Bitcoin, numerous altcoins, and alike have had a surge of their own.
Additionally, as the community kept growing, it established a large presence on numerous social networks. Websites like Reddit, Twitter, and alike have become a home to some of the largest and most supportive coin communities. One report from September 2018 claims that there has been a 1500% increase in social media activity regarding Ripple (XRP), the third largest coin by market cap.
While this was likely sparked by events surrounding XRP products such as xRapid, the increase in activity also extended to Ripple’s price, which doubled in a span of a few days. However, all of this still pales in comparison to crypto activities on a platform called Meetup.
Crypto meetups growing in number
Meetup is one of the most popular platforms for organizing various events around the world. While it is not crypto-specific in any way, the presence of crypto community on this platform has been quite noticeable in recent months.
Contrary to expectations, however, it is not Bitcoin community that is dominating this platform. Instead, it is Ethereum meetups that have been largest in number so far. So far, Meetup reported over 245 regular Ethereum meetups that were organized around the world. This is likely due to the fact that Ethereum doesn’t focus on being a currency alone. Instead, its network offers the creation of dApps, new altcoins, smart contracts, and alike, which makes it a “busier” place.
Bitcoin, on the other hand, only has around 102 regular meetups, which makes ETH more than twice as popular on this platform. However, Bitcoin doesn’t even take the second place, which was claimed by EOS, with 145 regular meetups around the world. Instead, BTC is third by meetup number, and the last coin to have the number of meetups exceed 100.
On sites like cryptomeetups.io, such events are listed and categorized by cities, which makes it significantly easier to find the closest one, and participate in it. Of course, all information comes from meetup.com itself, which makes it reliable. Furthermore, these meetups are not only for crypto enthusiasts but also for those interested in blockchain technology as well.
Other notable cryptocurrencies that have grown popular on Meetup platform include Cardano, with 54 regular meetups, as well as IOTA, that numbers around 40 of them. Monero is among the most popular privacy coin with around 16 meetups, while Stellar has 24 regular events. Surprisingly, the third largest coin by market cap, Ripple, only has 15 meetups, according to information provided by the platform. However, apart from these coins, other currencies have significantly less.
These numbers clearly indicate which coins are among the most popular ones among the community, with Ethereum undoubtedly leading the race. While this should not be taken as a hint which coins to invest in, it should definitely be kept in mind, since it provides a valuable insight into what actually interests the community.
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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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Here’s Why This Coin Still Has Wings (WINGS)
WINGS, a decentralized crowdfunding platform based on the Ethereum blockchain, has had a great run over the past two months. Culminating in a peak of US $.23 just a few days ago, the currency behind the product has more than doubled since it’s lows of early September.
Despite the slight downturn WINGS is currently experiencing, this crypto-favorite may not be done running up the green candles on your favorite exchange just yet. A small drop like we had today was actually expected and could be considered healthy by long-term investors. These dips are also appreciated by those of us waiting to get in on a project we feel has real potential. WINGS has shown us that potential and is now presenting a great buying opportunity for speculators and traders looking for the next wave of support to lift this coin into the stratosphere.
What is WINGS?
WINGS was created to nurture project proposals via the Decentralized Autonomous Organization (DAO) model. Using blockchain networks and smart contracts, the platform allows the WINGS community to promote proposals with the greatest chance of positive returns. WINGS, in essence, is a decentralized forecasting ecosystem, where token holders are given an incentive to make choices concerning projects on the platform.
The DAO is a popular concept for crypto-projects that want to remain entirely on the web. Using the peer-to-peer technology of blockchain and smart contracts to enforce the rules of participation is…
6 Blockchain Predictions For 2019
As 2018 moves closer towards its end, investors, developers, and tech enthusiasts are starting to turn their gaze towards the future. 2019 is less than two months away, and it promises new breakthroughs and large changes. This is especially true when it comes to blockchain technology.
While 2018 was an important year for this technology’s development, many are wondering what awaits us in the near future. Because of this, we have created a list of 6 predictions regarding the blockchain, as well as what might happen to it in 2019. Let’s begin.
1. Search for new and better business use cases
Blockchain technology is wrongly seen by many as a magical way to resolve all issues that we struggle with today. However, while it is true that blockchain can help with a lot of them, there are still numerous other problems that are better suited to be solved by alternative technologies. Robotics, AI, and similar technologies are not to be discarded in blind faith in the blockchain.
Researchers and developers have recognized this, which is why 2019 will be dedicated to finding specific use cases for blockchain technology. Blockchain will be used in situations where it can have the strongest positive impact. In other words, the goal is not to find places where this tech can fit, but to find places where it is the best fit.
2. Fixing blockchain industry’s image
For a lot of people, blockchain…
TRON DEX Goes Crazy, TRX Founder Asks For More Projects
Less than a week ago, TRON (TRX) community uncovered a new DEX (decentralized exchange) on Tronscan.org. Since TRON community is among the strongest and most supportive communities to ever support a coin, trading activity on this DEX quickly skyrocketed.
So much so, in fact, that TRON’s founder, Justin Sun, felt that he should share this fact on his Twitter account.
— Justin Sun (@justinsuntron) November 13, 2018
TRON DEX sees massive growth in activity
Since Sun shares a lot of traits with TRX community, such as tirelessness and fascination with this project, he was quick to urge the community to come up with additional tokens and projects.
While Sun’s statement that the activity on the DEX is “going crazy” is pretty accurate, many do not realize just how accurate this is. It should be pointed out that the number of tokens on the exchange was 3 on November 10th, when the DEX was originally uncovered. Today, on November 13th, the number of available tokens has doubled.
In addition, 4 out of 6 trading pairs offered on the exchange have experienced significant gains, with the remaining two experiencing only slight drops. The growth was experienced by Dice/TRX (146%), TronWatchMarket/TRX (8.27%), WIN/TRX (89%), and SEED/TRX (1.73%). The drop was experienced…
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