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Justin Sun News Boosts TRON (TRX) Once More - Global Coin Report
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Justin Sun News Boosts TRON (TRX) Once More

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TRON
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TRON (TRX) has recently seen a significant increase in value, after an entire series of positive news regarding the coin’s progress that was posted by its founder, Justin Sun.

TRON (TRX) has always been known as the coin with one of the strongest communities in the crypto world. This time, the community really came through, once again being led by the TRX founder. In a recent series of tweets listing all the positives that have happened to the TRON project in the last few weeks, Justin Sun seemingly inspired another price surge that has seen TRON go up by no less than 11%.

TRON has done a lot in a very short time, which is an impressive feat by itself. It is even more impressive when we consider how bad this year was for the crypto world, with more than half a year of a bear market. So, what positives has Sun mentioned? What has happened to inspire such a big value increase just by reminding the community about it? Let’s take a look.

TRON gets on KuCoin

KuCoin is a pretty big exchange, currently holding the 53rd spot on the list of exchanges regarding the daily trading volume. Around $17 million worth of different coins go through KuCoin each day, which will mean a lot to TRX, especially since it is paired with both Bitcoin and Ethereum. TRON officially went live on August 28th, only days before the launch of TRON Virtual Machine.

Another large token burn

TRON has recently also held another big token burn, with around $670 million of the remaining ERC-20 tokens being burnt. This is also not the first time that the coin has done this, but is, in fact, the fourth such event in its history.

The launch of TronChat

TronChat has been something that TRON’s community has been waiting for for a while now. It was imagined to be a competition for multiple other social media apps, including YouTube, Instagram, and even Facebook itself. The best thing about it is that it will allow users to earn TRX coins, in addition to being a new large social network.

Its creation was inspired by the flaws and errors that so many other social networks suffer from. Facebook, for example, was criticized for poor protection of the users’ privacy, which is what caused a lot of consumers to lose trust in this and similar platforms.

TronChat aims to fix this and provide users with a new and improved network, that will also be completely trustworthy.

TRON Virtual Machine launch

Let’s not forget the launch of TVM, which was highly anticipated by the entire community for months. The TVM was said to make TRON one of the biggest names in the development of dApps, which will definitely pose a big issue for Ethereum. Ethereum has almost single-handedly started the rise of ICOs thanks to its dApp development platform. For a long time, it was the top player in this field, with no other project even coming close to it. Now, thanks to TVM, TRON will come uncomfortably near, and maybe even completely surpass it.

All in all, TRON has been making a lot of progress in numerous directions. Because of that, it is of a small surprise that piling up all of these achievements inspired a new price surge.

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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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Top 4 Cryptocurrencies to Bet on in 2019

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The crypto winter ended and Bitcoin is breaking through the $5000 resistance barrier and leading a general charge in bullishness among cryptocurrencies has seen more positivity in the market than ever before. However, before any talk of a crypto spring should start, we need to look at what happened during the winter.

Many different platforms were either fully released or improved upon significantly. There has been a surge of innovation and the crystallization of ideas. The market isn’t just about crypto trading or bitcoin trading; it has become more about what businesses will leverage blockchain in the best way. Investors need to look at what a coin offers beyond just being a cryptocurrency. What partners does it have, what is the long term plan and is it liquid enough?

Investing in altcoins has never been a better option than right now. The volatility index shows that the market is growing without having to rely on Bitcoin. While Bitcoin still determines and up or down trend, the altcoins do not follow this trend exactly. More and more tokens and coins are surviving and thriving on their own merits rather than riding in Bitcoin’s wake.

The four coins to follow are our pick for the top 4 cryptocurrencies most likely to give you substantial returns by the end of 2019.

Stellar Lumens (XLM): Cheap coin, and massive market to grow

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2019 Will Be a Big Year for Luxcore

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With the recent surge of Bitcoin in the last few weeks, many traders are hoping for a more profitable year than 2018.  Even if that comes to fruition, my advice over the past year remains the same.  Traders must look for companies and projects that offer blockchain solutions with real-world use and complete transparency.  One company that meets both of those requirements is Luxcore (LUX).

What is Luxcore?

Luxcore is a blockchain solutions and services ecosystem that focuses on developing security and privacy products.  The Luxcore platform utilizes the PHI2 algorithm powered blockchain to build a wide variety of product offerings.  One of the platform’s primary goals is to help close the gap between regular consumers and enterprise users by introducing specific use-cases for each group of users.

Exciting Roadmap for 2019

As mentioned earlier, one of the absolute requirements of building a successful blockchain project is to be fully and completely transparent.  Luxcore certainly meets that requirement with the introduction of their most recent roadmap.

The roadmap does a great job of showing which projects are in development, how far along each project is, and the expected completion date of each project.  With this, LUX traders and potentially interested consumers can follow along and monitor the status of projects that they are especially interested in.

Since many crypto projects have inevitably disappointed the market, offering…

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Can XRP Break Out of the Falling Wedge?

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XRP
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XRP is the third largest cryptocurrency by market cap, which currently sits at around $13.5 billion. The coin also has a price of $0.325316 at the time of writing, after seeing a significant price correction of 4% in the last 24 hours.

Just like many other cryptocurrencies, XRP has seen massive losses during the 2018 bear market. However, this falling wedge seems to have seen a real breakout in 2019, as the crypto winter started to let go, and a lot of coins saw significant price recoveries.

XRP’s falling wedge was much more difficult to stop, which can be seen on its long-term chart. But, the recent bull runs allowed numerous cryptocurrencies to finally see growth, and XRP is definitely one of them. The charts also show that the coin’s falling wedge has seen a breakout, which is an excellent thing for the future of XRP’s price.

However, for the coin’s price to truly turn and stay bullish, XRP needs to see larger volumes. The experts believe that this is the key for a new rally, one which would allow XRP to reach true recovery.

XRP price performance and predictions

As mentioned, XRP had struggled to start growing even when most other cryptocurrencies were drawn in a number of bull runs. While the coin has been acting the same as others until mid-February, it is clear that the…

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