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Justin Sun News Boosts TRON (TRX) Once More

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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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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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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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Can Libra help the crypto industry to reach new heights?

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Libra is motivated and determined to change the face of payment procedures across the globe and make the blockchain-based project the leaders of payments.
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The market for cryptocurrencies started with the launch of Bitcoin in 2009, and since then, so many cryptocurrencies have been launched that it gets hard to keep track of them. The crypto market has seen massive growth in the past 3-4 years as it started gaining attention from mass media, which helped in this boom.

From the past 2-3 years, several new cryptocurrency projects were launching in the market. Amid all this, the social media giant – Facebook announced the launch of their cryptocurrency platform, and this news got viral like wildfire. The announcement came forward in June, and the upcoming cryptocurrency is known as Libra, and it’ll come with its dedicated wallet called Calibra.

What is Libra?

Libra is a permissioned blockchain-based digital currency which is being developed under the supervision of Facebook’s vice president, David A. Marcus. The cryptocurrency is under development in partnership with an independent, non-profit member Libra Association. Facebook is the second member of the project, and these companies aim to use Facebook’s user base for the promotion of the digital currency when it is launched. The transactions and the cryptocurrency will be managed and cryptographically entrusted by the Libra Association.

Note: Libra Association was established by Facebook to look after the cryptocurrency and the transactions, and it was founded in Geneva, Switzerland.

The development of…

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