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Tron Double-Digit Rally as More Hype Builds up Before TRX Ceases to be an ERC-20 Token




The TRX community has been all the hype about TRON move to launch its Mainnet which essentially means that the TRX token will no longer be hosted on Ethereum’s Blockchain network. With the launch of its Mainnet, TRON is set to be in the ranks of Cardano and Ethereum not only gaining the respect of the crypto world but also (as analysts put it) standing a chance to host other projects with a huge potential for a significant price growth.

Bullish investors on the Mainnet hype

However, it seems as if the hype about TRON is gaining traction almost every day as the TRX prepares to seize from being an ERC-20 token to become a coin project on its own Blockchain on May 31st. In fact, investors are already piling up to hodl the TRX in time for the Mainnet launch with the obvious intent of making mad gains when the TRX skyrockets.

To this regard, Tron’s price has seen a double-digit growth in a matter of hours to hit its current price of $0.0811 at the time of writing.  Compared to its earlier price in the range of $0.07 the ERC-20 token has seen an estimated 11 percent growth cementing its top 10 ranking at position 9 with a market capitalization of $5.3 billion.

Tron maintaining the uptrend

In fact, compared to every other top ten coins on the market, TRON seems to be the only one making gains as most of the other cryptocurrencies have been seen to shed gains further in a market that has been on a bear trend since the year began.

Although most have dismissed the slight bull run experienced by TRON as nothing but a FUD fuelled by rumors, TRON has been on an uptrend for a longer period than what most people think. Last month, Tron was able to maintain a 15 percent growth that saw it break into the top ten ranking even going past NEO. Although most of the volume was driven by the South Korean market which usually has a premium trading value on its listed coins compared to other markets, a huge part of TRON’s rally has actually been organically fuelled.

Upcoming partnerships

Most Tron enthusiasts, however, believe that the CEO of Tron, Justin Sun, is set to announce a significant partnership after the launch of the Mainnet on May 31st. A speculative rumor perhaps but word has been going around that the partnership might involve e-commerce giant Alibaba as Mr. Sun has been an apprentice with connections to the founder of the Alibaba group Mr. Jack Ma.

Understandably, the surge that Tron is currently rising might be due to the bullish investors currently jumping in as the Mainnet launch approaches, but when it’s all said and done, there is no doubt that the TRX will maintain its growth given that its backed by a team of young developers eager to see the project achieve its roadmap goals.

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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 ( ), 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 ( ), 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. One of the ways to have a successful trading…

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Should Crypto Projects Devote Resources to Community Growth and Marketing?



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%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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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 ( 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…

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