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Should You Invest in NEO or TRON (TRX)?

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NEO or TRON
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Considering how many believe that cryptocurrencies are the future, a lot of people have developed an interest in them. This interest grew even more since the digital coins gained additional popularity before the bear market hit back in January of this year.

However, even though the prices went down, people still remained intrigued by the concept. As a result, we now have more cryptos, as well as more crypto investors, than ever before. While this is an excellent development for the crypto industry, many are often confused regarding which coin to invest in.

Most decide to go for the coin close to the top, but not the top itself. They also wish to go for a coin that has quality, as well as a vision. This is why people often end up comparing NEO to TRON and trying to figure out which one has more potential.

NEO or TRON — which one to choose?

Both NEO or TRON have a similar ultimate goal, which is to make the future a better place. They are both doing it in their own way. Both coins have previously been within the top 10 cryptos on CoinMarketCap, but have since dropped a bit lower on the list. Currently, TRX is leading by occupying the 13th spot, while NEO is following on the 14th place.

Their shared ultimate goal, as mentioned, is to change the world with their product, and make it better for everyone in it. Their smaller goals, on the other hand, are quite different. TRON wishes to start by dominating and revolutionizing the entertainment industry. NEO, on the other hand, wishes to do the same in the area of smart contract and dApp development. In this regard, NEO is similar to EOS, which is often seen as its biggest competitor.

Currently, NEO has over 66 dApps created on its blockchain. While the current leader in the number of dApps is undoubtedly Ethereum, the fact is that the quality of NEO’s dApps is far greater. This is due to the larger costs of dApp creation, which is why only the best and most confident projects choose NEO. Ethereum, on the other hand, is much cheaper to use, and that is why more projects end up there.

As for TRON, this coin has made an astonishing amount of progress throughout the year. It launched a MainNet, it held several token burns, it launched TRON Virtual Machine among other projects, and it even purchased BitTorrent for the purpose of a new Project Atlas. Even so, its price remains pretty low and is currently valued at only $0.020549 per coin. NEO, on the other hand, is considerably more valuable, with a price of $18.65 per coin.

While NEO obviously has more value per token right now, TRON has grown and expanded more than any other crypto. One of its biggest problems is large circulating supply and even larger total supply. Apart from that, this is a great project that is definitely worthy of investing in.

This doesn’t mean that NEO is bad. On the contrary, both of them are excellent projects, which are simply doing their thing in a different way from one another. This is also the reason why it is difficult to compare them and pick the better coin. Investing in either of them will require patience since investments in these coins are a long-term thing. As for which one to go for, that depends on the investors themselves. It all comes down to your own view of the project, and your own decision of their goal’s value.

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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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Altcoins

Encrypgen’s New HODLING Incentive Program May Send DNA Token Soaring

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Encrypgen
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Cryptocurrency traders have enjoyed a Bitcoin moon shot during the past few months.  Those gains have created a much more enjoyable environment for crypto bulls.  Whether it’s a temporary or permanent increase remains to be seen but hitting the 10,000 level has put everyone in a better mood.  Unfortunately, altcoins have not had experienced the same type of gains and are lagging significantly behind Bitcoin.

I’ve written articles in the past year that there is at least a decent chance that many altcoins won’t survive the current environment.  The ones that do will do so because they created a platform that has real world usage.  After spending countless hours researching many of the existing altcoins, I’ve yet to see a company that is more promising than Encrypgen (DNA).

Encrypgen Background Information

Encrypgen is a genomic blockchain network that provides customers and partners with best-in-class, next generation, blockchain security for protecting, sharing and re-marketing genomic data. This creates a fair marketplace for a person’s DNA that can be stored privately and sold (if a person wishes to do that). A person’s DNA can also be shared privately and securely with their physician for their personalized care.

Typically, people can send their DNA off to a lab to find out who they are and where they come from. As fun as that might sound, there is a significant security problem…

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Top 3 Coins to Buy Before They Go Big

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coins
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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Altcoins

TRON (TRX) Is Likely to Go Big in June

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We are now halfway through 2019, and the situation in the crypto space is better than ever in the past year. Numerous cryptos are seeing large gains, often cut by brief periods of stagnation or small corrections, but the overall sentiment is obviously bullish.

Bitcoin sits way above the $8k mark, and while it struggles to go beyond $8,700, it is still trying to grow. Investors and analysts are quite bullish regarding the foreseeable future, and a lot of altcoins are expected to follow BTC in this regard. However, today, we would like to talk about one particular altcoin — TRON (TRX) — as well as why it is likely to go big in June.

TRON’s progress so far

As many people in and out of TRON community know, TRX is not a project that often sits still. It is rich with announcements, particularly when it comes to his CEO, Justin Sun, whose enthusiastic tweets often seem like hype building to many.

However, TRON made some massive progress in 2018, which was the worst year cryptocurrencies have ever seen. This is not something that can be achieved through hype alone, and the project needs to have true quality and value in order to see such massive development in the middle of the longest and harshest crypto winter in…

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