Connect with us

Altcoins

Tron (TRX) among the most promising blockchain projects out there, here’s why

Published

on

Tron TRX
READ LATER - DOWNLOAD THIS POST AS PDF

There’s not a doubt that TRON (TRX) has come a long way concerning its beginnings as an Initial Coin Offering (ICO) back in 2017. The company managed to surge to the top and become one of the most exciting projects in the industry in just a matter of months.

That’s a fact that is mainly attributed to the hard work of Justin Sun, a Chinese businessman considered to be one of the brightest minds in Asia and the whole world, not to mention that he is a former student of Alibaba’s Jack Ma.

Sun has characterized for being the closest with TRON’s community, or Tronics as he usually calls them. The CEO shares with Tronics all of the moves that involve the company regarding developments, partnerships, and upgrades.

And even though June 25th (when Tron got independence from Ethereum blockchain) seemed like the most important date for the company a few months ago, we understand now that this is just the beginning.

Despite the constant up and downs of the market, and the generalized downtrend of the year, it seems like TRON (TRX) is finally recovering from the blows that the crypto has received in the last months. Let’s discover the main facts as to why TRON is one of the best blockchain projects out there.

Mass adoption on the way

June 25th was the date the company finally got decouple from Ethereum protocols and launched its very own main net, Odyssey. Today, months later we realize that was actually not the ceiling for TRON. In fact, does TRON have a ceiling? Well, it doesn’t seem like, considering the post-mainnet projects, the TRON Virtual Machine, and The Super Representative Elections… And truth be told, it looks, Sun hasn’t even stopped there.

Not so long ago Vitalik Buterin, co-founder of Ethereum stated that the crypto verse doesn’t have space for a 1000 times growth anymore, a fact with which Sun clearly disagrees, he recently responded that all of the wealth was going to turn into cryptocurrencies very soon “like black hole and grow much bigger in the future”.

Like this, we can see how despite the downtrends of the market, Sun continues to have a positive sentiment regarding crypto, and that’s exactly what he shares as well with all of the Tronics out there.

He has continued developing projects to achieve its final goal of ‘decentralizing the internet’ and of course, to accomplish the ultimate goal for all of the cryptos which is mass adoption.

In this sense, one of the things that will help go to the masses is the latest addition of the TRX/USD pair by Bitrex which is going live on September 17th. This, along with the acquisition of BitTorrent, the biggest peer-to-peer Torrent platform in the world.

Sun plans to integrate both TRON and BitTorrent in a project dubbed Atlas that primarily seeks to reward everyone who uses the BitTorrent platform to share content with the 100 million users that the network has. The initiative will for sure increase flow of the crypto, and this will have a positive repercussion concerning prices.

As a matter of fact, the last days for TRON (TRX) has been pretty much positive being on the green with remarkable percentages of increase, an effect that has created a positive sentiment in the community. At the moment of writing, the TRX token prices at $0.019527, with a 2.73 percent of the increase in the last 24 hours.

Could TRON manage to maintain the hype? We can’t be sure about that, but the one thing we can count is that TRON continues to work towards achieving its goal, and the project remains focused on making it happen. So stay tuned.

Check out the new Global Coin Report YouTube channel as we address all the highlights in crypto and the financial markets. With guests from all over the cryptosphere bringing you news, editorial, and of course, money making opportunities.

For the latest cryptocurrency news, join our Telegram!

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 Scott Webb on Unsplash

Altcoins

Encrypgen’s New HODLING Incentive Program May Send DNA Token Soaring

Published

on

Encrypgen
READ LATER - DOWNLOAD THIS POST AS PDF

Cryptocurrency traders have enjoyed a Bitcoin moon shot during the past few months.  Those gains have created a much more enjoyable environment for crypto bulls.  Whether it’s a temporary or permanent increase remains to be seen but hitting the 10,000 level has put everyone in a better mood.  Unfortunately, altcoins have not had experienced the same type of gains and are lagging significantly behind Bitcoin.

I’ve written articles in the past year that there is at least a decent chance that many altcoins won’t survive the current environment.  The ones that do will do so because they created a platform that has real world usage.  After spending countless hours researching many of the existing altcoins, I’ve yet to see a company that is more promising than Encrypgen (DNA).

Encrypgen Background Information

Encrypgen is a genomic blockchain network that provides customers and partners with best-in-class, next generation, blockchain security for protecting, sharing and re-marketing genomic data. This creates a fair marketplace for a person’s DNA that can be stored privately and sold (if a person wishes to do that). A person’s DNA can also be shared privately and securely with their physician for their personalized care.

Typically, people can send their DNA off to a lab to find out who they are and where they come from. As fun as that might sound, there is a significant security problem…

Continue Reading

Altcoins

Top 3 Coins to Buy Before They Go Big

Published

on

coins
READ LATER - DOWNLOAD THIS POST AS PDF

Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

Continue Reading

Altcoins

TRON (TRX) Is Likely to Go Big in June

Published

on

Tron
READ LATER - DOWNLOAD THIS POST AS PDF

We are now halfway through 2019, and the situation in the crypto space is better than ever in the past year. Numerous cryptos are seeing large gains, often cut by brief periods of stagnation or small corrections, but the overall sentiment is obviously bullish.

Bitcoin sits way above the $8k mark, and while it struggles to go beyond $8,700, it is still trying to grow. Investors and analysts are quite bullish regarding the foreseeable future, and a lot of altcoins are expected to follow BTC in this regard. However, today, we would like to talk about one particular altcoin — TRON (TRX) — as well as why it is likely to go big in June.

TRON’s progress so far

As many people in and out of TRON community know, TRX is not a project that often sits still. It is rich with announcements, particularly when it comes to his CEO, Justin Sun, whose enthusiastic tweets often seem like hype building to many.

However, TRON made some massive progress in 2018, which was the worst year cryptocurrencies have ever seen. This is not something that can be achieved through hype alone, and the project needs to have true quality and value in order to see such massive development in the middle of the longest and harshest crypto winter in…

Continue Reading

Elite