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Tron (TRX) eyes mainstream status as it becomes most searched crypto

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Tron TRX
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Tron (TRX) is one of the most impressive cryptocurrencies in the market today. Tron, the decentralized blockchain technology aims to create a free worldwide entertainment network where members can upload, publish, send, own, and store data. Tron as a company is located in Singapore (with roots in China), and it operates as a non-profit organization.

According to the search metric from Twitter, Tron (TRX) managed to be the most searched cryptocurrency in the world for one hour on August 5th. As per the figures that were released by Justin Sun, Tron’s CEO and Co-Founder, Tronix was mentioned over 1,600 times compared to Bitcoin which managed to gunner close to 1,450 searches on Twitter.

Steady Interest in Tron (TRX) as a Currency and as a Blockchain Technology

The result of the Twitter findings suggests that there is an increasing curiosity among many Twitter followers in the area of decentralized applications or DApps. Tron platform allows third-party developers and creators to build apps on its chains that utilize blockchain and cryptocurrency functionalities.

Over the past few months, Tron (TRX) led by its visionary leader, Justin Sun, has managed to generate consistent publicity with the most notable partnership announcement with adult site Pornhub and the enormous token burn that was done a few weeks ago.

Also, recent controversies involving Vitalik Buterin and Tron with the latter accusing the former of plagiarism managed to spark public interest in Tron (TRX). Truly there is nothing like negative publicity for someone who knows how to navigate themselves out of the murky waters.

Many virtual currencies in the market continue to challenge Bitcoin’s popularity as the most searched or preferred digital coin. Tron (TRX) is leading among other strong altcoins that are causing a buzz on social media platforms like Google and Twitter.

Ripple, Ethereum, and NEO are the other virtual currencies that are making the list of most searched cryptos confirming Bitcoin’s fear that it together with Ethereum are not the only popular virtual assets in the market.

Secret Behind Tron’s Popularity

Apart from Tron’s strong market capitalization, superior mainnet launch, and its underlying fundamental price valuation, Tron’s success and its massive adoption globally can be attributed to its strong marketing moves.

With its recent marketing move that captured the attention of the crypto community being Tron’s release of a few merchandises to the WeChat store for branding purposes, creating a good price creation strategy.

The sample merchandise released included notebooks, apparels, branded USBs, and toys.

Tron Price Prediction

As one of the fast rising and most surging virtual currencies in the market today, Tron (TRX) is showing a lot of potential and growth caliber to becoming the top cryptocurrency in the market.

According to experts and crypto observers, Tron’s (TRX) value is expected to rise to about 3.8 US dollars by the end of this year. By the end of 2019, Tron is predicted to hit the 12-dollar mark and an estimated value of about 53 US dollars by the year 2020.

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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.

Image courtesy of Maxpixel.net

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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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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crypto credit cards
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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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