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Tron (TRX) CEO Justin Sun reaches half a million Twitter followers

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Justin Sun (Tron’s CEO and founder) is probably the most adept leader in the blockchain world when it comes to marketing. That includes Twitter, which is perhaps why he’s now reached half a million followers.

In celebration of this milestone, Mr. Sun is asking people to comment on his account what they want to see the blockchain industry doing in the future (which includes all blockchains, but, mainly, Tron’s blockchain).

The original post reads:

“Thanks #TRONICS for being part of our amazing community! Tell us what you are excited to see within the #blockchain industry or on #TRON platform in the future, and get a chance to win our new swag collection! I will randomly pick 10 winners from the comments. $TRX”

From all the comments on this post, Mr. Sun will randomly choose ten people who will be awarded Tron’s new swag collection.

Why is Tron gathering so much attention from crypto enthusiasts, I hear you ask? There are several reasons. Justin Sun was already considered to be one of the most influential players in technology even before he started Tron. He’s known to be Jack Ma’s (of Alibaba fame) close friend and protegé, so even before he started, he boasted a type of credibility across both the technology and the business world that’s rarely been matched by any other project leader in the crypto verse.

Another reason is Tron’s ambition. It’s not meant to be a cryptocurrency only but a fully developed third generation blockchain platform that can deploy decentralized apps, smart contracts and, above all, aims to decentralize the world wide web.

It would mean that content creators on the internet will not need central authorities such as Amazon, Google, Facebook or Youtube to monetize their content anymore, but they will be able to be rewarded, in cryptocurrencies, by joining Tron’s decentralized web. If Tron gets its way, this would be as revolutionary as the internet itself was, compared to the printing press.

Also, Tron has been able to back up its claims so far with many new partnerships and successful developments already under its belt. The new Main Net is up and running, and working perfectly (according to user’s comments). The Virtual Machine is also deployed and working perfectly (do we need to tell again?).

Tron’s Virtual Machine is particularly important because it allows using Java (which is probably the one programming language every programmer knows) to develop apps using Tron’s blockchain. In many other environments (such as Ethereum) you can’t use a “standard” language but you have to learn the platform’s native language, and that puts off many potential developers.

As we write this article, Tron (TRX) remains a very cheap coin at two cents, and it ranks eleventh in the cryptocurrency world by market capitalization. That may not seem very impressive, but it has little to do with Tron’s achievements and everything to do with the fact that the market has been going steadily down since last December, and that TRX is still pegged to Bitcoin in exchanges.

Tron has the right balance between good administration, great marketing, and new blockchain technology that has a differential advantage over most other projects in the cryptosphere. And it has a credible leader whose Twitter account is already over half a million followers.

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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

Encrypgen’s New HODLING Incentive Program May Send DNA Token Soaring

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Cryptocurrency traders have enjoyed a Bitcoin moon shot during the past few months.  Those gains have created a much more enjoyable environment for crypto bulls.  Whether it’s a temporary or permanent increase remains to be seen but hitting the 10,000 level has put everyone in a better mood.  Unfortunately, altcoins have not had experienced the same type of gains and are lagging significantly behind Bitcoin.

I’ve written articles in the past year that there is at least a decent chance that many altcoins won’t survive the current environment.  The ones that do will do so because they created a platform that has real world usage.  After spending countless hours researching many of the existing altcoins, I’ve yet to see a company that is more promising than Encrypgen (DNA).

Encrypgen Background Information

Encrypgen is a genomic blockchain network that provides customers and partners with best-in-class, next generation, blockchain security for protecting, sharing and re-marketing genomic data. This creates a fair marketplace for a person’s DNA that can be stored privately and sold (if a person wishes to do that). A person’s DNA can also be shared privately and securely with their physician for their personalized care.

Typically, people can send their DNA off to a lab to find out who they are and where they come from. As fun as that might sound, there is a significant security problem…

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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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