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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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange
Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), 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 (market.xno.live ), 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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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%.
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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 (https://xno.live) 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…