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TRON Crypto News: New Announcements and Latest Development

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Tron crypto news
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It would seem that TRON (TRX) can never run out of new moves, announcements, and surprises for its community and investors. In fact, the market situation doesn’t seem to matter to this coin, as it continues to make progress like everything is as good as it can get. When all the other cryptos are struggling to survive, TRON is announcing new partnerships and progress. This is why TRON crypto news continues to impress even now, after 9 months of a bear market.

The latest TRON crypto news

Justin Sun — a Facebook superstar

We are all familiar with TRON’s founder and CEO, Justin Sun. Sun has become nothing less than a crypto celebrity, and many believe that it is his constant tweeting that has made TRX community into one of the strongest crypto communities ever. With the TRON community continuing to grow, Sun has announced that he has a special surprise for TRX enthusiasts. According to the announcement, the surprise will be released once his social media page hits the one million mark.

Well, this has already happened on Facebook. On Twitter, on the other hand, Sun has yet to reach even the half of this number. However, as Sun acknowledged the Facebook situation, he also announced that the TRX giveaway is to arrive soon.

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TRX continues to grow

Additionally, Sun also stated that the TRON project managed to reach a new milestone. At the moment, the number of its MainNet accounts has officially surpassed the number of EOS MainNet accounts. While this might not seem like a big deal at first, just remember how much older the EOS project is. In the eyes of many, this is a very, very important development that definitely deserves to be mentioned as one of the biggest TRON crypto news.

Many believe that TRON managed to get so many new accounts thanks to a tipping platform that allowed Twitter and Telegram users to send TRX coins to each other.

And, of course, let’s not forget that TRON has already managed to get to a third of Ethereum’s transaction rate. This was done despite the fact that the coin has only officially launched its MainNet a few months ago, while ETH has been around for years now. While TRON has a lot more to do before it surpasses ETH, nobody can say that it’s not off to a very good start.

TRX gets on ChangeHero

Finally, the last big TRON crypto news, for now, is the fact that TRON got listed on ChangeHero and instant crypto exchange platform. The platform now allows its users to buy TRX in exchange for dollars, through the use of their credit cards. While TRON is already quite accessible, this listing will make it even more so and will mark just another step on TRON’s way to mainstream usage.

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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

Ripple XRP Mega Breakout: What’s Next?

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Ripple XRP mega breakout
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The Ripple XRP mega breakout that we were calling for happened and happened much quicker than anyone expected. As we said yesterday:

Nonetheless, IF, Ripple is capable of going ‘topside’ of the .38 figure at any point in the days/weeks ahead, such development, should it occur, would likely trigger its next advance into the .42 – .47 zone, representing a 30-40% move from present levels. On the flip-side, the .25 – .26 area should offer short-term potential support.

XRP is now sitting at .51704  as we write this article this morning, representing gains of 61% since we alerted our readers and our Global Elite email newsletter members.

Ripple XRP Mega Breakout

The Ripple XRP mega breakout is significant because it’s the first time XRP has been above its 50-day moving average since May. Right now, the RSI is approaching 80, so we are in overbought territory and we expect the price to consolidate around the .42 to .47 level before resuming its uptrend.

While some are looking at this as an opportunity to short XRP, we are not of that camp. While some can book some profits and use a trailing stop, any integration of XRP with xRapid has the ability to create a tremendous move in XRP. As Travis Kling said this week on the Off the Chain podcast with Anthony Pompliano, XRP could be the quickest five-bagger investors…

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Altcoins

Litecoin Cash (LCC): The potential mover?

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Litecoin Cash
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Litecoin underwent a hard fork in the past, and that is what led to the creation of Litecoin Cash. Bitcoin has also experienced a hard fork, which has led to the creation of Bitcoin Cash, so this trend is not necessarily brand new.

Forks have occurred pretty often now in the cryptocurrency community, and the perception is that it probably will continue to, as long as the need (forks are often created to overcome issues faced by the originals) remains there.

While the market has been bearish for most of the year, it has been showing some definite signs of life, especially when we look at the kind of price action that has been happening with Ripple recently. Litecoin is also rising in anticipating of its hard fork, which is to be expected.

For those who are unaware, Litecoin Cash was created earlier this year. 10 Litecoin Cash was given to every investor who had 1 Litecoin – and that one move, it’s easy to see, was very massive concerning value.

Charlie Lee, the founder of Litecoin, has come out against LiteCoin Cash, calling it a scam. Many cryptocurrency influencers have come out against Litecoin cash, although there are still others that believe that this is only because the project threatens them.

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Altcoins

The Stage is Set for Stellar XLM vs XRP

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XLM vs XRP
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The digital asset of XRP, did something spectacular on the 18th of September when it shocked the crypto-markets by rising in value by 21%. In a time period that was less than 5 hours, XRP spiked from levels of $0.273 to those of $0.332 and has continued rising. The digital asset is currently valued at $0.36.

xRapid Factor

The reason for the sharp increment in value of XRP was news that the Ripple company was going to launch xRapid in the next month or so. This was after the firm’s head of Regulatory relations for Asia-Pacific and the Middle East, Sagar Sarabhai, made the following comments during a CNBC interview on the 17th of September:

“I am very confident that in the next one month or so you will see some good news coming in where we launch the product live in production.”

Stellar’s Cross-Border Payments

The news of Ripple launching xRapid has come 2 weeks after the Stellar project and IBM, announced that they were entering the industry of cross-border payments through their new service known as IBM Blockchain World-Wire. The new payment settlement service has been quoted as being ‘near instant’ meaning that it will probably rival the transactions time seen in the xRapid pilot tests of 2 – 3 minutes earlier on in the year.

Stellar Acquiring Chain

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