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Here Is Why it is Time to Buy the Zilliqa (ZIL) and IOST Dips

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The mood and feel in the crypto-markets is that Bitcoin (BTC) is back to its old ways and readying itself for a Bull Run in the crypto markets. This has even prompted popular crypto-crusader, John McAfee to reassure his twitter followers that the BTC Bull run is coming. As is the case whenever Bitcoin has a good run in the markets, the rest of the coins and tokens follow suit and do astonishing gains. The King of Crypto – BTC – always sets the pace in the markets. Therefore, the time is now to stock up on our favorite tokens of Zilliqa (ZIL) and IOSToken (IOST) not only due to the Bitcoin factor alone but due to the following.

Current and past performance of both ZILLIQA and IOST in the markets

ZIL is currently priced at $0.076 and down 6% in the last 24 hours at the moment of writing this. This means that the digital asset is at its lowest since mid-April. ZIL had peaked to levels of $0.23 in mid-May. This indicates that the digital asset has the potential to perform well outside the influence of Bitcoin (BTC). The peak value of ZIL was reached during a time period of BTC decline.

Looking at IOST, the token is currently valued at $0.024 and down 4.12% in 24 hours at the moment of writing this. IOST had peaked in January to a value of $0.127. It also had another lesser peak value of $0.075 in mid-May. This then means that it could easily reach $0.050 values if Bitcoin continues on its bull run in the short term. Looking at the long-term possibility of IOS, it could eclipse the $0.20 mark by the end of the year.

Testnets and Mainnets to be released this year

The team at Zilliqa has already launched the second version of the Testnet that demonstrates the Scilla programming language as well as sharding. The same project has even convinced the gaming DApp of Etheremon to move from the Ethereum platform to that of ZIL once the Mainnet version is released in the 3rd quarter of this year. This means that it is only a matter of time before ZIL runs with the bulls as was seen with ETH last year when everyone was developing on the platform. ZIL is indeed the Ethereum killer.

The IOST team has also released a testnet version of its platform that has been given the name of Everest. The announcement came at the of June with a notification that the Mainnet will be launched by the end of 2018. The IOST platform also promises a higher throughput than that seen on Ethereum. Therefore, the stage is set for more DApps to be built on the IOST mainnet.

Conclusion

In conclusion, the phrase ‘The Early Bird Catches the Worm’ could not be more applicable than in the case of ZIL and IOST. These two blockchain projects pack a punch and they have already functional Testnet which have given a glimpse of the numerous possibilities of each of the Mainnets. The same tokens have also had an impressive track record in the crypto markets opening the floodgates for more gains in the future. There is no doubt that these two digital assets are a good buy for a HODL investment strategy.

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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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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021

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Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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Altcoins

TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level

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Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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