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Here Is Why XRP, Stellar (XLM) and Tron (TRX) are The Future

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What do the cryptocurrencies of XRP (XRP), Stellar (XLM) and Tron (TRX) have in common right now?

Firstly, they are all reasonably priced at under half a dollar in this terrible bear market. XRP is currently trading at $0.44 at the moment of writing this and down 2.53% in the last 24 hours. Stellar (XLM) is currently priced at $0.18 and down 3% in the last 24 hours. Tron (TRX) has also not been doing too well and is valued at $0.032 and down 3.27% in the last 24 hours.

The current low price of these three digital assets is one reason why they are the future of crypto investing. There has never been a better time to get any digital asset at its cheapest than this present moment. We all remember how the lucky buyers of Litecoin (LTC) at $4 early in 2017, are still patting themselves on the shoulder for believing in the digital asset that is now valued at $75 a year later and in a bear market. This is a 1,775% increment in 12 months.

Taking this percentage increment and applying to XRP, XLM, and TRX we get $7.81, $3.20 and $0.568 respectively. These are not bad figures at all ladies and gentlemen. Not bad at all!

Secondly, these three coins are backed by wonderful blockchain technologies. XRP has its own ledger and utility in the Ripple company’s product of xRapid to source instant liquidity for cross-border transactions. The Ripple company has clearly stated it is a software solutions company that coincidentally uses XRP. Therefore, as the Ripple company expands, so shall the use of XRP in banks.

With respect to Stellar (XLM), the foundation has partnered with IBM which has in-turn partnered with the Australian government for the development of blockchain technology, A.I (artificial intelligence) and quantum computing in the country. This means that the Stellar blockchain and XLM will probably be used by the Australian government along the way.

Tron, on the other hand, has one of the fastest Mainnet platforms that can handle 2,000 transactions per second. This number is 80 times the capability of Ethereum’s network. For TRON, the future of DApps is for the taking when we look at it this way. Even Zilliqa cannot edge out TRON. The Tron foundation has done a stellar job marketing the platform that switching to Zilliqa will be as hard as defying gravity.

In conclusion, the three coins of XRP, XLM, and TRX are the future of crypto investments as well as blockchain technology. The current bear market is a good time to grab a few of these digital assets for the future is bright for crypto with the institutional money destined to come in any time now. There is also the fact that each of these coins have great blockchain platforms to further push their individual platforms into the future.

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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.

Image courtesy of Tore Bustad via Flickr

Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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