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Litecoin, Tron, Nano, and Bitcoin appear as stars on Bitcoin Superstore

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Bitcoin is a top-notch cryptocurrency and the most widely traded cryptocurrency in the crypto sphere. It occupies the No.1 position on CoinMarketCap today. And now, the crypto-king has declared its dominance once again as it becomes the coin that’s used the most on Bitcoin Superstore, a platform that allows users to shop online using cryptocurrencies from 200K stores worldwide (including the likes of Starbucks and Amazon).

Shockingly, the second and third largest cryptos, Ethereum and Ripple’s XRP respectively are not that popular on the platform. Bitcoin Superstore lists out Bitcoin, Nano, Tron, and Litecoin as the ‘most used’ digital currencies in the past ten days or so. Recently, the biggest (in fact, only prominent one at the moment) online crypto superstore said this on its Twitter page:

As noted in the tweet, Nano, which occupies No.30 in the cryptocurrency market is the second most used cryptocurrency on 200+ online stores taking about 20%; Tron at 17%; Litecoin holding 8%.

It is important to know that Bitcoin Superstore happens to be the only cryptocurrency store that allows any customer to buy from nearly any online trader with the top 10 cryptocurrencies. Bitcoin Superstore states that within the last ten days, these cryptocurrencies have been used the most.

Litecoin (LTC)

Litecoin was created as a ‘fork of Bitcoin;’ it is also regarded as the silver to Bitcoin. LTC was created in 2011 and was seen as a big alternative to Bitcoin. It is one of the largest altcoins in the crypto sphere. It occupies the NO.7 position in the crypto sphere and overall, its performance has been ‘just okay’ lately.

Tron (TRX)

Tron is one of the favorite cryptocurrencies today. Lately, Tron has partnered with lots of companies including Twitter. The cryptocurrency recently got listed on ChangeHero and unveiled its new project named: Project Atlas.

Additionally, it has received further attention as the blockchain firm launched SeedGerminator – an accelerator for the developers who wish to create tokens, Dapps (Decentralized Applications), and technology on the Tron protocol. Overall, Tron is doing quite well and occupies the No.13 position in the crypto market today.

Nano (NANO)

Nano occupies the No.35 position in the crypto market and the cryptocurrency came into limelight in December 2017 at the time when investors were looking for better cryptocurrencies with the potential to perform better than Bitcoin.

Nano also had a big rise last year but decreased alongside other altcoins in the crypto sphere. Nano’s meteoritic growth just before the market dipped left its investors with nothing but deficits. Going in some flash-backs, Bitgrail owner Francesco Firano had even blamed Nano for the hack that made Nano dipped and slipped from its position to what it is now.

Overall, Nano is still doing quite well. Though, its blockchain structure had major problems such as that it may be vulnerable; but none of these problems have been found so far. In recent weeks, Nano has been performing better than many big altcoins.

Bitcoin (BTC)

As it is clearly seen, Bitcoin is the most traded coin in the world of crypto. Bitcoin was created in 2008. And one important thing is that no one knows who created Bitcoin or its whitepaper. We just know a name, Satoshi Nakamoto, and have seen an ‘unconfirmed’ headshot till the date.

Bitcoin had a meteoritic rise to $20,000 last year, before the big crash and now it is traded below $6500 mark. On a technical level, Bitcoin is still doing very well, and its performance tends to affect other altcoins in the crypto sphere. It also has the largest market capitalization of $108,682,214,552.

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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.

Photo by Alexander Andrews on Unsplash

Altcoins

TokenPay (TPAY), Litecoin, and Verge (XVG) alliance about to transpire

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Ever since the cryptocurrency sphere was met with the news of the partnership between Litecoin Foundation, TokenPay, and Verge (XVG), the idea of them coming together has been among the most controversial news to ever surface in the cryptocurrency world.

The collaboration managed to even draw the attention of one of the most renowned crypto-influencer and bitcoin campaigner, Tone Vays. In his usual style, Tone took to Twitter handle on hearing the news, tweeting and expressing his disapproval while criticizing the creators of the three cryptocurrencies for allowing such a move to occur.

In retaliation to the attacks from Tone, Charlie Lee, the MD, and founder of Litecoin (LTC) posted his clarification on Reddit on the 17th July in regards to the partnership. Litecoin’s CEO started by explaining the dissimilarities between Litecoin as a currency and Litecoin as a company.

In his remarks, he said that Litecoin as a blockchain and crypto network is a decentralized network, whereas Litecoin Foundation as a company is a centralized non-profit institution whose goal is to ensure Litecoin (LTC) is developed, adopted, and used. Charlie also mentioned that Litecoin’s cryptocurrency and blockchain technologies did not require his direct services at the moment hence his concentration on Litecoin Foundation.

Charlie Lee made his remarks known saying:

“If Litecoin Foundation (LF) is exposed to not doing a good job, nothing should prevent another organisation to step in and do a better job. This is…

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Altcoins

Here’s Why This Coin Still Has Wings (WINGS)

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WINGS, a decentralized crowdfunding platform based on the Ethereum blockchain, has had a great run over the past two months. Culminating in a peak of US $.23 just a few days ago, the currency behind the product has more than doubled since it’s lows of early September.

Despite the slight downturn WINGS is currently experiencing, this crypto-favorite may not be done running up the green candles on your favorite exchange just yet. A small drop like we had today was actually expected and could be considered healthy by long-term investors. These dips are also appreciated by those of us waiting to get in on a project we feel has real potential. WINGS has shown us that potential and is now presenting a great buying opportunity for speculators and traders looking for the next wave of support to lift this coin into the stratosphere.

What is WINGS?
WINGS was created to nurture project proposals via the Decentralized Autonomous Organization (DAO) model. Using blockchain networks and smart contracts, the platform allows the WINGS community to promote proposals with the greatest chance of positive returns. WINGS, in essence, is a decentralized forecasting ecosystem, where token holders are given an incentive to make choices concerning projects on the platform.

The DAO is a popular concept for crypto-projects that want to remain entirely on the web. Using the peer-to-peer technology of blockchain and smart contracts to enforce the rules of participation is…

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Altcoins

4 Things That Will Make An Altcoin Successful

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Since the crypto craze began, there have been hundreds of altcoins that have emerged and attempted to take over the world of crypto with their advanced and innovative ideas. While these days there are well over 2,000 individual coins, there have been many more to emerge and disappear, all within the last 10 years.

Clearly, having an idea and launching the coin itself is not enough. While it is by no means easy to do so, there are additional measures and rules that you, as an altcoin creator, need to consider if you want your coin to remain relevant. Clearly, not every idea can succeed, and after 10 years, it is quite difficult to present something new. However, cryptos are still a new technology, which is why there are still many unexplored possibilities that may allow you to reach success.

Secrets to altcoin success

1. Capturing the attention

As mentioned earlier, there is not a lot of things that are simple when it comes to creating altcoins. However, while your plan and idea make sense to you, no matter how complex they end up being, this will not be the case with potential investors. Many of them might give up on getting involved if they do not understand what the coin is all about, or if the road ahead seems too complicated and unclear.

This is why having an idea is not enough. What you need to…

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