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How Tron (TRX) Will Reach $1 By The End Of 2018




The Tron (TRX) MainNet is currently live and undergoing rigorous testing for vulnerabilities to make sure it is a secure and stable platform before the genesis block is launched on the 25th of June. However, one question has been lingering in the minds of Tron fans, HODLers and traders.

That question is, Will we see a $1 TRX value before the end of the year.
Current TRX token high supply concerns.

Tron fans and HODLers are continuously concerned about the high total supply and high circulating supply of TRX. The current total supply stands at 100 Billion TRX with the circulating supply currently at 65.748 Billion TRX. For Tron (TRX) to reach $1, the market capitalization will, in turn, be $65.748 Billion, which is $5.5 Billion higher than that of Ethereum right now.

This means that TRX will have to edge out 8 other coins and tokens to get to the number 2 spot. The other only other way TRX will reach the $1 mark, is if there is a corresponding increment of the total crypto-market capitalization back to the January levels of $832 Billion. Tron will, therefore, have a chance of hitting the $65.748 Billion market cap that corresponds to a $1 TRX value.

Will the proposed transactional coin-burn be enough?

Using the current set up of transactions on the MainNet, users will be able to initiate up to 25 free transactions per day. A coin-burn of 0.1 TRX will be required for the creation of each account on a DApp on the platform. Transfers will cost you 0.001 TRX. Therefore to burn 1 TRX, you will need either 10 new accounts on a DApp or 1,000 transfers. Considering that there are over 100 Million users on the current Tron Platform and more destined to use it with time, the coin-burn will be able to reduce the amount of TRX in circulation with time.

A reduction in supply will mean that the value of TRX will gradually increase due to ‘gradual scarcity’. Think of it as destroying a pair of limited edition Air Jordans every month. The manufacturer only made 100. The price of the remaining ones is sure to go up with each destruction.

So what will it take to get to a $1 TRX value?

As outlined above, the solution lies in the two possibilities of TRX rising like a phoenix in the next 6 or 7 months with respect to its market performance. This rise will be due to the performance of the MainNet as well as a general increase in volume in the total crypto-market capitalization.

Another thing to note is the coin-burn that will help reduce the number of TRX coins in circulation with time.

Therefore, it is indeed possible to reach the much anticipate $1 value by the end of the year.

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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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META 1 Coin Trust Announces Commission to Study Global Persecution of Cryptocurrency Projects



Boca Raton, Florida, 27th October, 2020, // ChainWire //

Collaborating with Other Cryptocurrencies, META 1 Tackles Injustice and Human Rights 

META 1 Coin Trust has announced plans to identify, research and document instances of governmental overreach in cryptocurrency cases globally, as part of its ongoing efforts to advance human rights and individual freedom. 

According to Robert P. Dunlap, Executive Trustee of META 1 Coin Trust, “The malicious attacks on crypto projects globally by overzealous government agencies must be documented and publicized to protect the individual liberties of META 1 Coin holders, as well as issuers and holders of other cryptocurrencies.” He added, “The decentralized, non-jurisdictional reality of crypto has left government agencies often unable to fully litigate cases and the general public should not have to continue suffering due to excessive overreach as agencies clamor to save face.”

META 1 Coin Trust is led by Robert P. Dunlap and Nicole Bowdler, who are both committed to pushing back against unimpeded global persecution of cryptocurrencies. By calling attention to years of organized efforts by government agencies to specifically target cryptocurrency projects, their hope is that the public will see and demand an end to these unjust violations of individual liberty. 

Specific grievances which motivated this initiative include grave concerns over government agencies’ obstruction of individuals’ livelihoods, defamation of character, and libelous false accusations which could tarnish the names of individuals for years to come, long after legal actions…

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Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service



TEL AVIV, Israel, 13th October, 2020, // ChainWire //

MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button. 

While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites. 

However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership. 

As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also…

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How Can Foreigners Get Loans in Singapore



loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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