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Here Is Why A Market Decline Does Not Worry Tron (TRX) and Its HODLers




The Tron (TRX) Independence day is within reach. We have less than a week to go before the Genesis Block is launched. This event will mark the migration from Ethereum’s platform to Tron’s MainNet that is known as Odyssey v.2.0.

One of the topics of concern amongst the TRON community is that the recent market decline has caused the value of TRX to plummet in a period when it should be soaring like an eagle that is inching closer to the sky. Current market analysis indicates that TRX is holding strong in the number 10 position according to TRX is currently valued at $0.0422 and down 2.26% in the last 24 hours.

Further analysis indicates that TRX was valued at $0.067 right before the MainNet launch. This means it has dropped 37% in value since then, due to the market effects of the Coinrail hack and the investigations by the CFTC (The United States Commodity Futures Trading Commission) on 4 prominent cryptocurrency exchanges.

But the current decline does not bother the Tron Foundation, TRX believers, and HODLers.

To begin with, the TRON Independence Day ushers in a new era of blockchain technology and projects. The Tron MainNet is bound to make a name for itself as the platform of choice of the numerous Decentralized Application developers who value scalability and a developer-friendly platform. The Tron MainNet is built on the Java programming language that is more popular with software developers than the custom Solidity programming language on Ethereum’s platform.

In addition, the Tron MainNet is sure to be a solid platform based on the current testing being undertaken by the TRON team as well as individuals and organizations hoping to cash in on the $10 Million bug bounty program. The incentive here is the financial reward geared towards finding a vulnerability on the platform. This means by the time testing is done on the 24th, all possible vulnerabilities would have been found as developers work around the clock to cash in on the possible reward.

Also, the current value of TRX is ideal for TRON believers to buy some more TRX before the token becomes a utility coin on the MainNet. The current values of TRX are not going to last for too long. As soon as DApps migrate to the MainNet and other features are activated, TRX will slowly but surely reach the stratosphere in terms of value.

In quick summary, the TRON project might have found a silver lining with the current market decline for more emphasis will be placed on releasing a solid product in the form of the MainNet platform, rather than the token’s performance in the crypto markets. During a regular market of the usual excitement, a project is bound to shift attention to market performance rather than product development. It is with this theory that the time is nigh for TRX believers to cheer on their favorite project as the team works on the MainNet. Those with extra capital might as well accumulate some more TRX.

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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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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange



Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited ( ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub ( ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful trading…

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Should Crypto Projects Devote Resources to Community Growth and Marketing?



2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata



Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub ( will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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