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There Has Never Been A Better Time to Buy XRP, Litecoin (LTC) and Tron (TRX) than Now

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XRP

There are three types of people in this world. There are those who view the glass as half empty (pessimists); those that view it as half full (optimists); and there are those who see water in a glass (realists). The crypto traders in the last two categories have already dealt with the shock of the crypto-markets declining and are looking for means and ways to purchase more of their favorite digital assets of XRP, Litecoin (LTC) and Tron (TRX) as we shall explore in depth in a bit. The first category has probably cashed out and has walked away from the industry only to run back midway through the pending Bull run and regretting their decision to cash out.

So why just Litecoin (LTC), XRP and Tron (TRX)?

To be honest, we love these three digital assets and their corresponding projects. We are taught never to invest using emotions, but today is a case where the coins we love are considerably discounted in the markets and we’d regret not to get some before the markets recover.

Looking at LTC, it is trading at $66 at the moment of writing this. XRP is trading at $0.35 and Tron (TRX) is trading at $0.025. LTC is down 11%; XRP has declined by 14%, and TRX by 14%. These are massive drops in value for a 24 hour period, but the last time these digital assets were valued at these levels was way back in mid-November last year before the spectacular Bull run of December and January. In a sense, the ETF news of the SEC delaying their decision till September 30th is the factory reset many savvy crypto traders were waiting to fill their bags with cheap digital assets.

All these 3 coins have massive developments in the last few weeks or months and intend on making the future great. Litecoin recently acquired a 9.9% stake at Germany’s WEB bank and aims at bringing Crypto Debit and Merchant services with TokenPay (TPAY). XRP recently got a major boost with the SBI Holdings Virtual Currencies exchange, VCTRADE, opening its doors to the public with new account applications on the 17th of July. Tron released its flawless Mainnet and Tron Virtual Machine in July with plans of making their platform great with an integration of the BitTorrent platform.

Summing it all up, there are three types of crypto traders during times of market decline. Those who will head for the hills and cash out; those who will buy more of their favorite digital assets; and those who are pragmatic enough to know that this type of decline happens and will get some more of their digital assets. With regards to the latter, Litecoin (LTC), XRP and Tron (TRX) look very attractive right now.

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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

My Crypto Heroes Announces Issuance of MCH Governance Token

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Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first governance…

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Altcoins

Rewards Platform StormX Offers 50% Crypto Cashback Bonus for Thanksgiving

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Singapore, Singapore, 23rd November, 2020, // ChainWire //

Blockchain-based rewards platform StormX has released a seasonal promotion for its award-winning Crypto Cash Back App. The promotion will allow app users to earn a 50% bonus on top of their cashback between Thanksgiving Day and Cyber Monday (November 26-30).

StormX has also introduced a brand-new staking service, allowing users to earn an additional 50% per year when they stake STMX tokens. The native ERC20 token of the StormX ecosystem, STMX has a total supply of 10 billion and is available to trade at many of the world’s top exchanges, including Binance and Bittrex.

“With Bitcoin’s price approaching its all-time high, interest in cryptocurrencies has renewed, though some people believe it’s now too expensive to buy in,” said StormX CEO and Co-Founder Simon Yu. “What we have done is create an easy way for such individuals to accumulate bitcoin, ethereum and other cryptocurrencies via everyday shopping.

“We’re also excited to provide users with the ability to earn greater rewards simply by staking their tokens.”

Since the StormX mobile app launched its Shop feature with over 700 stores in February 2020, some 400,000 unique users have been added to the rewards platform. StormX has also witnessed over 50% month-on-month growth for sales. The app is available for download on the App and Google Play Stores, and can be downloaded as a browser add-on from the Chrome Web…

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Altcoins

BITTREX GLOBAL CONFIRMS FREE TRADING AND LISTING FOR TOP DEFI TOKEN

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Valduz, Liechtenstein, 17th November, 2020, // ChainWire //

International cryptocurrency exchange promotes free trading and no gas fees for leading DeFi tokens

17th November 2020 — Bittrex Global GmbH. announced today 8 new DeFi tokens will be listed this week including:

  • UMA (UMA)
  • Aave (AAVE)
  • Balancer (BAL)
  • REN (REN & renBTC)
  • Kyber Network (KNC)
  • Band Protocol (BAND)
  • YF Link – (YFL)

Bittrex Global’s users can trade all of their DeFi  tokens with no trading or gas fees until 2021. The decision to enable free trading on Bittrex Global for DeFi tokens  follows on from the 1,000% growth of the DeFi asset class over the course of 2020.

The decision to enable free transactions will see more investors enter the Blockchain Act’s digital asset regulatory system, supervised by the Financial Market Authority in Liechtenstein (FMA) under the Due Diligence Act which requires traders to comply with the KYC/AML/CFT standards.

“The last year has seen huge growth in DeFi as an asset class and a number of significant milestones completed,” said Bittrex Global’s CEO Tom Albright. “As the asset class matures and more institutional and professional investors look at the fundamentals, we are likely to see increased demand and higher trading volumes for DeFi in 2021.

We’re really excited about what we’re seeing in the space and want to see these DeFi projects grow and help them build stronger platforms through increased adoption. Offering free trading fees…

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