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Nano News: New Update Strengthens The Network

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The latest Nano news is a new update — v16.1 from Nano’s development team. At the same time, Nano community projects seem to thrive on this cryptocurrency’s network.

Nano News: v16.1 update arrives

Recently, a number of NANO users have noticed syncing problems on the network, especially those who were using v16.0. As a response, the team behind the coin started working on a new update that will fix the issue. Developers worked around the clock, and the version called 16.1 has finally been released.

In the meanwhile, many of the users decided to revert back to the previous version v15.2. This version has shown more stability and practicality, which has made it a user favorite.

At the moment v16.1 is in the final stage of debugging and testing. As such, individuals testing it are still reporting an occasional bug, while developers continue their work to remove even the slightest reported issue.

The development of Nano community projects

Another big development concerning Nano news includes significant progress when it comes to numerous community projects. Thanks to these efforts, NANO recently managed to release two new wallets for mobile use — Nanollet and Natrium. Nanollet was created by a user going by the name of Inkeliz. It is the first completely decentralized Nano wallet that does not depend on a centralized server.

As for Natrium, it was released by the team at Banano. This is an Android wallet, and it is currently still in its beta version.

There are also new additions to nanocrawler.cc, which now also has a localization feature, which allows users to easily access and use block explorer, regardless of their location. The development of these and other projects continue, and with each new release, Nano is getting stronger, bigger, and gains more exposure and awareness.

Lastly, recent Nano news also includes reports of users who have struggled with an expired TestFlight build. It would seem that the update from App Store has yet to arrive, which is why these users became unable to access their wallets. The development team recognized the issue and is currently working on a small update that will fix it. In the meantime, the affected users should immediately make a copy of their seed, and store it in a safe place. This is necessary because they will have to copy their seed after the new update arrives.

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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

3 Altcoins That Are Outperforming Bitcoin and Will Likely Face Consequences

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The crypto market is going through a period of massive recovery in the past few months, which has caused the investors’ optimism to return. While all eyes are on Bitcoin (BTC), as usual, the largest coin seems to be struggling with a major resistance level at $8,000 at the moment. While this level was breached a few times now, every breach resulted in a correction.

At the time of writing, BTC is approaching this level yet again, with its current price being at $7,985,79, and rising further. The price managed to grow by 1.06% in the last 24 hours, and will undoubtedly hit $8,000 in a matter of hours, if not sooner.

However, while Bitcoin continues to remain volatile and struggles with waves of growth and decline, there are some altcoins that are not following its path. Of course, most of them are performing in pretty much the same manner as BTC, as they always had. But, a few coins have actually managed to outperform Bitcoin in recent months.

While optimists believe that this might lead to decoupling from Bitcoin — something that only Binance Coin (BNB) managed to pull off up to this point — it is likely that there will be consequences for these cryptos. This likely means that a price drop for these specific coins awaits somewhere in the near future, as outperforming BTC…

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Why Binance May Be Crucial for Tron (Trx) to Reach $1

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TRON (TRX) has been one of the most popular crypto projects in the past year. The coin has received a lot of attention from the entire crypto community, and although the impressions may differ —  the fact is that TRX is one of the most talked-about coins, even today.

However, while the project managed to achieve a lot in less than a year — launch its MainNet, start multiple massive projects, launch dozens of dApps, hundreds of smart contracts, its own DEX, new token, and more — its price remains quite low. Undoubtedly, one of the reasons for this is its massive supply. TRX circulating supply is over 66 billion coins, while the total supply is over 99 billion.

Even so, the coin is believed to be massively undervalued, with its current price sitting at $0.028129, according to TradingView. This price, together with a market cap of $1.88 billion, pushed the coin out of the list of top 10 largest cryptocurrencies, and it currently sits at 11th spot. But, many believe that this is not a permanent position for TRON. In fact, its community believes that it is only a matter of time before TRON rises through the ranks, and its price hits $1. And, the way for the coin to achieve this is believed to be through Binance.

TRON and Binance

Binance is one of the world’s…

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Why Tron (TRX) Price Won’t Remain Low for Long

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TRON (TRX) has been one of the most popular cryptocurrencies in recent years. The project has achieved a tremendous amount of success in less than a year, and while the first birthday of its MainNet is approaching, TRON certainly continues to impress to this day.

With that said, its price is still noticeably low, and many would agree that the project is heavily undervalued. The low price even allowed other projects to push it out of the top 10 list, with TRX currently being the 11th largest cryptocurrency by market cap. However, it is likely that TRON will not remain undervalued forever, and that its price might soon see a surge that its entire community has been waiting for, for a long time now.

Why TRX might see growth soon

As many undoubtedly know, TRON is a lot more than just a cryptocurrency. It has developed a massive ecosystem, which offers a development platform for coins, smart contracts, and dApps. It also acquired BitTorrent last year for its Project Atlas, which will allow torrent users to earn crypto through participation in content sharing.

For this purpose, it also launched BitTorrent (BTT) token, which saw its launch on January 28, 2019 on Binance Launchpad. This was dubbed the most successful ICO in history at the time, although several coins launched since then have broken its record.

In addition,…

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