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.
— Justin Sun???? (@justinsuntron) August 6, 2018
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.
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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 (xno.live ), 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 (market.xno.live ), 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.
NFTs are already being actively traded in markets globally. For…
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…
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 (https://xno.live) 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…