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What Price Will TRON Be In A Year? - Global Coin Report
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What Price Will TRON Be In A Year?

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Cryptocurrency price predictions during a bear crypto-market are pretty hard to make. ‘Bullish factors’ such as technical developments in a blockchain project, are erased in an instant when Bitcoin (BTC) drops like a rock in the markets. Evidence can be seen when BTC was valued at $20,000 back on the 17th of December that year. The King of Crypto would then gradually decline to current levels of $6,500 and in the process, taking down the entire crypto market with it. Tron (TRX) was not left behind in the decline either. This has us asking, what price will Tron be in a year?

The Jinx Of Tron Events in 2017

The project led by Justin Sun has pumped good news after good news in terms of project developments ever since the Testnet was launched on the 31st of March. However, all this good news have not helped the TRX coin from regaining past glory at levels of around $0.30 witnessed back in January. As a matter of fact, whenever there was an event on the Tron calendar, the digital asset kept falling further in value.

What price will Tron be in a year?

This then brings us to the first reason why Tron (TRX) has nothing but a good future ahead. The fact that there are no more major launch events on the Tron calendar, means that the coin can gain in value in a natural manner and based on its network superiority. This is similar to how ETH grew from levels of $10 to $1,400 in less than a year without any major announcement about a change in its network code, or marketing from the Ethereum team.

Doing the math, this was a percentage increment of 13,900% by ETH in that 12 month period. Using a similar scenario of the Tron network being adopted in a manner similar to that of Ethereum last year, we find TRX being valued at $2.78 twelve months from now – and using its current value of $0.020 in the crypto markets.

GoSeedIt Factor

Of course, this is pure speculation, but given the fact that the Tron network is bound to encompass the best in DApps, we find a situation where TRX will find its utility in the network. There is also the other factor of the GoSeedIt platform that allows social media users of Twitter and Telegram to tip each other in TRX. As a matter of fact, before GoSeedIt went live at 100% capacity, the amount of Tron accounts on the Mainnet stood at around 62,000. Now, the Tron mainnet has a total of 350,000 at the moment of writing this. This is a 464% increment in a one month period due to GoSeedIt.

BTC and Institutional Investors

Another factor that could lead TRX to be valued at $2.78 in 12 months, is the fact that Bitcoin is scheduled for mainstream adoption as an investment option by institutional investors from Wall Street. Without even mentioning the Bitcoin ETF at the SEC, we find that Coinbase is gearing up towards becoming the NYSE of crypto by going on a hiring spree; launching custody services, and planning its own ETF.

There is also the Bakkt firm that is to be launched this November. Once this firm is up and running, its chief goal is to make Bitcoin and other digital assets, the choice investment instruments for regular individuals and institutions including those that handle retirement funds.

Summing it up, we have thrown a rough estimate of TRX’s worth in one year at $2.78 using Ethereum’s growth last year. There is also the added factors of TRX being tipped via GoSeedIt on Twitter and Telegram to boost demand for the digital asset. We also have the added bullish factor of institutional interest through firms such as Bakkt. We forgot to mention that Bittrex is now offering TRX/USD pairs. Therefore, Q4 of this year should be a time to see TRX slowly take off in the markets.

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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. The author is long Bitcoin. 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 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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