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Reasons Why Ripple, Stellar, Verge, and Tron are the future Cryptos




Recent cryptos like Ripple (XRP), Stellar (XLM), Verge (XVG) and Tron (TRX) are trending among trade investors across the world today, and this is due to their exciting features and futuristic goals. However, another joint characteristic that these digital coins possess is that they have a reasonable price to the dollar. It is important to know that XRP is now traded at $0.65, XLM is traded at $0.25, XVG is traded at $0.096, and last but not the least, TRX is at $0.04.

One question that comes to the mind is, what common feature do these digital coins have besides having a reasonable price to the dollar? Well, it is worth noting that these 4 vital digital coins have what we call a “Proof of Concept,” which means the apprehension of a particular method or notion in order to exhibit or show its feasibility. Proof of Concept may also mean an act of demonstrating with principles in order to verify practical concepts that have potentials.

Indeed, it is uncommon for most cryptocurrencies to come up with their own Proof of Concepts. Most of the cryptocurrencies without a Proof of Concept can’t really come out to show how they have given a long-lasting answer to real-life problems that they have promised to do. For us to get the concepts of Ripple (XRP), Stellar (XLM), Verge (XVG) and Tron (TRX), we will take an abstract look at them each of them.

  • Ripple (XRP)

The main aim of Ripple (XRP) is to offer a good user experience to all participants. This implies that every Ripple user can be able to receive and send funds instantly without encountering any barrier, through the use of its blockchain technology.

Subsequently, there haven’t been any complaints or whatsoever concerning the trade of funds globally. Also, the digital coin has recently partnered with reputable and big financial institutions that propose to use the Ripple payment feature through Xvia, xCurrent, and xRapid. Besides, Santander has declared lately that it has adopted the use of Open FX which works on xCurrent – this is what we call a Proof of Concept.

  • Stellar (XLM)

The Stellar (XLM) aims to foster the connections of banks and other financial institutions for the transaction of funds to be done instantly without participants acquiring costs. This digital coin has proved this feature through its collaboration with companies like IBM.

  • Verge (XVG)

Verge (XVG) aims to improve on the old blockchain like Bitcoin. It also aims to provide its users an efficient way to transact funds and trade efficiently in a more decentralized way, with their privacy intact. Privacy is one feature that Verge (XVG) holds in a high esteem. And with its Verge’s Wraith Protocol, every user can rest assured of private and secure trade 24/7.

  • Tron (TRX)

Since its inception, Tron (TRX) had endured lots of FUD on the internet to release its Testnet last month. However, the final Mainnet is set to be released on May 31st. This digital coin has changed from a decentralized entertainment blueprint to decentralize the web today. It is necessary to note that this project also has 9 DApps which has a fan-base of about one to two million at present.

The above-stated features in this article are the vital reasons why Ripple (XRP), Stellar (XLM), Verge (XVG) and Tron (TRX) are the future of cryptocurrency; they all showcase the Proof of Concept. In the near future, these cryptocurrencies will take over the crypto-world.

We will be updating our subscribers as soon as we know more. For the latest on cryptocurrencies, sign up for our free newsletter!

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.

Image courtesy of Blake Patterson via Flickr


Ripple XRP Mega Breakout: What’s Next?



Ripple XRP mega breakout

The Ripple XRP mega breakout that we were calling for happened and happened much quicker than anyone expected. As we said yesterday:

Nonetheless, IF, Ripple is capable of going ‘topside’ of the .38 figure at any point in the days/weeks ahead, such development, should it occur, would likely trigger its next advance into the .42 – .47 zone, representing a 30-40% move from present levels. On the flip-side, the .25 – .26 area should offer short-term potential support.

XRP is now sitting at .51704  as we write this article this morning, representing gains of 61% since we alerted our readers and our Global Elite email newsletter members.

Ripple XRP Mega Breakout

The Ripple XRP mega breakout is significant because it’s the first time XRP has been above its 50-day moving average since May. Right now, the RSI is approaching 80, so we are in overbought territory and we expect the price to consolidate around the .42 to .47 level before resuming its uptrend.

While some are looking at this as an opportunity to short XRP, we are not of that camp. While some can book some profits and use a trailing stop, any integration of XRP with xRapid has the ability to create a tremendous move in XRP. As Travis Kling said this week on the Off the Chain podcast with Anthony Pompliano, XRP could be the quickest five-bagger investors…

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Litecoin Cash (LCC): The potential mover?



Litecoin Cash

Litecoin underwent a hard fork in the past, and that is what led to the creation of Litecoin Cash. Bitcoin has also experienced a hard fork, which has led to the creation of Bitcoin Cash, so this trend is not necessarily brand new.

Forks have occurred pretty often now in the cryptocurrency community, and the perception is that it probably will continue to, as long as the need (forks are often created to overcome issues faced by the originals) remains there.

While the market has been bearish for most of the year, it has been showing some definite signs of life, especially when we look at the kind of price action that has been happening with Ripple recently. Litecoin is also rising in anticipating of its hard fork, which is to be expected.

For those who are unaware, Litecoin Cash was created earlier this year. 10 Litecoin Cash was given to every investor who had 1 Litecoin – and that one move, it’s easy to see, was very massive concerning value.

Charlie Lee, the founder of Litecoin, has come out against LiteCoin Cash, calling it a scam. Many cryptocurrency influencers have come out against Litecoin cash, although there are still others that believe that this is only because the project threatens them.

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The Stage is Set for Stellar XLM vs XRP




The digital asset of XRP, did something spectacular on the 18th of September when it shocked the crypto-markets by rising in value by 21%. In a time period that was less than 5 hours, XRP spiked from levels of $0.273 to those of $0.332 and has continued rising. The digital asset is currently valued at $0.36.

xRapid Factor

The reason for the sharp increment in value of XRP was news that the Ripple company was going to launch xRapid in the next month or so. This was after the firm’s head of Regulatory relations for Asia-Pacific and the Middle East, Sagar Sarabhai, made the following comments during a CNBC interview on the 17th of September:

“I am very confident that in the next one month or so you will see some good news coming in where we launch the product live in production.”

Stellar’s Cross-Border Payments

The news of Ripple launching xRapid has come 2 weeks after the Stellar project and IBM, announced that they were entering the industry of cross-border payments through their new service known as IBM Blockchain World-Wire. The new payment settlement service has been quoted as being ‘near instant’ meaning that it will probably rival the transactions time seen in the xRapid pilot tests of 2 – 3 minutes earlier on in the year.

Stellar Acquiring Chain

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