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

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XRP
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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.

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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

Ripple XRP Mega Breakout: What’s Next?

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Ripple XRP mega breakout
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The Ripple XRP mega breakout that we were calling for happened and happened much quicker than anyone expected. As we said yesterday:

Nonetheless, IF, Ripple is capable of going ‘topside’ of the .38 figure at any point in the days/weeks ahead, such development, should it occur, would likely trigger its next advance into the .42 – .47 zone, representing a 30-40% move from present levels. On the flip-side, the .25 – .26 area should offer short-term potential support.

XRP is now sitting at .51704  as we write this article this morning, representing gains of 61% since we alerted our readers and our Global Elite email newsletter members.

Ripple XRP Mega Breakout

The Ripple XRP mega breakout is significant because it’s the first time XRP has been above its 50-day moving average since May. Right now, the RSI is approaching 80, so we are in overbought territory and we expect the price to consolidate around the .42 to .47 level before resuming its uptrend.

While some are looking at this as an opportunity to short XRP, we are not of that camp. While some can book some profits and use a trailing stop, any integration of XRP with xRapid has the ability to create a tremendous move in XRP. As Travis Kling said this week on the Off the Chain podcast with Anthony Pompliano, XRP could be the quickest five-bagger investors…

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Altcoins

Litecoin Cash (LCC): The potential mover?

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Litecoin Cash
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Litecoin underwent a hard fork in the past, and that is what led to the creation of Litecoin Cash. Bitcoin has also experienced a hard fork, which has led to the creation of Bitcoin Cash, so this trend is not necessarily brand new.

Forks have occurred pretty often now in the cryptocurrency community, and the perception is that it probably will continue to, as long as the need (forks are often created to overcome issues faced by the originals) remains there.

While the market has been bearish for most of the year, it has been showing some definite signs of life, especially when we look at the kind of price action that has been happening with Ripple recently. Litecoin is also rising in anticipating of its hard fork, which is to be expected.

For those who are unaware, Litecoin Cash was created earlier this year. 10 Litecoin Cash was given to every investor who had 1 Litecoin – and that one move, it’s easy to see, was very massive concerning value.

Charlie Lee, the founder of Litecoin, has come out against LiteCoin Cash, calling it a scam. Many cryptocurrency influencers have come out against Litecoin cash, although there are still others that believe that this is only because the project threatens them.

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The Stage is Set for Stellar XLM vs XRP

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XLM vs XRP
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The digital asset of XRP, did something spectacular on the 18th of September when it shocked the crypto-markets by rising in value by 21%. In a time period that was less than 5 hours, XRP spiked from levels of $0.273 to those of $0.332 and has continued rising. The digital asset is currently valued at $0.36.

xRapid Factor

The reason for the sharp increment in value of XRP was news that the Ripple company was going to launch xRapid in the next month or so. This was after the firm’s head of Regulatory relations for Asia-Pacific and the Middle East, Sagar Sarabhai, made the following comments during a CNBC interview on the 17th of September:

“I am very confident that in the next one month or so you will see some good news coming in where we launch the product live in production.”

Stellar’s Cross-Border Payments

The news of Ripple launching xRapid has come 2 weeks after the Stellar project and IBM, announced that they were entering the industry of cross-border payments through their new service known as IBM Blockchain World-Wire. The new payment settlement service has been quoted as being ‘near instant’ meaning that it will probably rival the transactions time seen in the xRapid pilot tests of 2 – 3 minutes earlier on in the year.

Stellar Acquiring Chain

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