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Ripple (XRP) is currently the most profitable crypto coin, eToro study



Ripple XRP eToro

The social trading and investing network, eToro, carried out a survey in order to understand investor engagement levels in cryptocurrencies. This survey includes findings of proportions of investors’ trades and they also endeavored to find out which was the most profitable coin over the last year.

The survey includes the data from March 2017 to February 2018. This is the period that includes Bitcoin’s boom so it’s particularly significant, besides the fact that it covers a full year.

Ripple’s XRP turned out to be the most traded coin by users of all age groups with Bitcoin (BTC) and Ethereum (ETH) close behind. This is probably due to the high price both BTC and ETH have achieved. It kind of scares investors away. Bitcoin, in particular, has lost some popularity in the 24-54 demographic.

After those three, the ranking goes like this (in descending order): Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC) and Dash (DASH). It seems that the fact that they’re forks from very popular coins keeps them in the game.

From the coins that were surveyed, Stellar (XLM) and Neo (NEO) at eight and ninth place, respectively.

Investor experience level

The survey also found that from all current investors, only seven percent are actual experts in the field, and the same amount of people, eleven percent, have some kind of intermediate experience. This means that most investors, around eighty percent, are newcomers to the crypto trading world.

Most investors work in a job that’s related to computers and IT in some way. Other minor groups are those who trade crypto full time, then salesmen, students, and people from the financial services industry.

Some minority traders are retired citizens, work in real estate or come from the arts. Other groups include tourism, architecture, healthcare, and education.

The gender disparity is huge in the trade. Only 8.5% of investors are females which leaves the market to a 91.5% male population. But the ladies prefer Ripple (XRP), to the tune of 2%. They don’t like Neo that much (below 1%) and Ethereum Classic seems to be the manly choice at around 1%.

Ripple is ahead of the pack comfortably in terms of profitability with a 2% margin and a total 8% of average profitability. Indeed, XRP had a fabulous run over the year, starting at $0.0005 at the survey’s beginning and at $1.16 when it finished (the crypto is down to $0.60 again now as I write this article, though). That’s a gargantuan 23100% growth rate.

Ethereum came second, it grew by 7353%, from $15 to $1118 in that time period, which while still impressive, it’s a far cry from XRP’s performance during the survey’s time-slot.

Litecoin was only half as profitable as Ethereum. Its growth was of 4223%. It went from $3.77 to $163.

So, to wrap things up, it was a very good year for all the main players. Even those that didn’t do so well, did great. But there’s a lesson to be learned from the survey. Bitcoin, being the coin that started it all, and the most expensive one is the cryptocurrency that usually gets all the attention from non-specialized media.

Now that it’s expected to reach ten thousand dollars per token in price soon again, it’s supposed to be all the rage, right? Wrong. Ripple, Ethereum, and Litecoin were considerably more profitable and, on top of that Ripple (XRP) remains very cheap. So it pays off to pay more attention to the numbers than to the hype.

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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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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange



Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited ( ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub ( ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Should Crypto Projects Devote Resources to Community Growth and Marketing?



2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata



Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub ( will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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