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You think Tron (TRX) looks good? It's even better - Global Coin Report
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You think Tron (TRX) looks good? It’s even better

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Tron
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It’s barely a year since Justin Sun started the Tron Foundation and the project is already one of the most significant in the cryptosphere. This year has been critical.

The Main Net was launched successfully a few months ago, and it seems it was the only missing ingredient in a three-star dish. The Main Net unleashed Tron’s prestige and power, even if the Tronix price remains low.

Once Tron’s new Main Net came online, Tron completed the SR (Super Representative) elections, then it released its virtual machine TVM (Tron Virtual Machine), and its wallet is now fully workable in both iOS and Android.

Those are incredible achievements, especially for a project that is so young, but they’re just a few good things happening around Tron lately. There’s a lot more. What else is happening?

Tron is offering its platform for ICOs, and, according to many neutral observers, it could take that market away from Ethereum which has been the standard for years. This has to do with Mr. Sun’s insistence on Tron’s superior features, as compared with Ethereum, and it seems that the cryptosphere has been listening.

Tron could turn out to be the next big thing for the upcoming ICOs, and we’ll explain to you why in this article. Tron aims to be the future for web decentralization and content management, but it could also become the future for all new digital assets.

Have you heard about TronWatchMarket? It’s one of Tron’s many new projects. It is a new decentralized exchange for tokens. So far, almost half a million new accounts have been created, showing there is a lot of interest in using Tron’s platform to launch new token sales, and it’s been the first platform to actualize Tronix coins.

Then there’s TronLink. It’s a Tron community project in the form of a chrome add-on. The blockchain foundation tweet in July:

Tron: The good stuff

ICOs used to be exciting. Not anymore, especially after they were declared securities. Tron has come to realized that, as well as participants. They’re tedious unless you’re an expert who knows how to deal with Ethereum’s smart contracts.

It’s even weirder that some Ethereum-based ICOs don’t award their participants with tokens in exchange for their money right away, which is entirely beside the point of an ICO.

That kind of ICO needs trust from participants, and the whole point in blockchain technology is to do away with the need for confidence in transactions. Tron can fix this, right here, right now and make ICOs true to the blockchain spirit.

It’s so easy to create new tokens over Tron’s Main Net that it’s becoming a problem. It takes only $20 to create a new token. This has seen the creation of several fake tokens that end up being scams which, in turn, become a challenge for wallets that have to distinguish between authentic and false projects. This may not be great news, but we all should keep this in mind: true democracy is always messy.

Tron: The great stuff

Tron is a very efficient blockchain. So much so that the transaction fees are incredibly cheap (0.1 TRX or $0.002). This makes bandwidth very affordable for all users, but it still prevents hackers and spammers to get in the way of the community. These prices make the network both safe and inclusive. You don’t need to be rich to join it, but you can’t mess around with spam either.

Tron Foundation tweeted:

At the time we write this, Tron trades at $0.0262, which means it’s risen by about 2.57% over the last 24 hours from now. It’s ranked 11th at CoinMarketCap (was at 13th a couple of days ago), and its trade volume is at 333 million for the last day. Tron is a project to watch closely. And we, at GlobalCoinReport, will keep you informed every day.

For the global insights every crypto trader must have, apply for Elite membership!

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

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Top 4 Cryptocurrencies to Bet on in 2019

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top 4 cryptocurrencies
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The crypto winter ended and Bitcoin is breaking through the $5000 resistance barrier and leading a general charge in bullishness among cryptocurrencies has seen more positivity in the market than ever before. However, before any talk of a crypto spring should start, we need to look at what happened during the winter.

Many different platforms were either fully released or improved upon significantly. There has been a surge of innovation and the crystallization of ideas. The market isn’t just about crypto trading or bitcoin trading; it has become more about what businesses will leverage blockchain in the best way. Investors need to look at what a coin offers beyond just being a cryptocurrency. What partners does it have, what is the long term plan and is it liquid enough?

Investing in altcoins has never been a better option than right now. The volatility index shows that the market is growing without having to rely on Bitcoin. While Bitcoin still determines and up or down trend, the altcoins do not follow this trend exactly. More and more tokens and coins are surviving and thriving on their own merits rather than riding in Bitcoin’s wake.

The four coins to follow are our pick for the top 4 cryptocurrencies most likely to give you substantial returns by the end of 2019.

Stellar Lumens (XLM): Cheap coin, and massive market to grow

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2019 Will Be a Big Year for Luxcore

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Luxcore
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With the recent surge of Bitcoin in the last few weeks, many traders are hoping for a more profitable year than 2018.  Even if that comes to fruition, my advice over the past year remains the same.  Traders must look for companies and projects that offer blockchain solutions with real-world use and complete transparency.  One company that meets both of those requirements is Luxcore (LUX).

What is Luxcore?

Luxcore is a blockchain solutions and services ecosystem that focuses on developing security and privacy products.  The Luxcore platform utilizes the PHI2 algorithm powered blockchain to build a wide variety of product offerings.  One of the platform’s primary goals is to help close the gap between regular consumers and enterprise users by introducing specific use-cases for each group of users.

Exciting Roadmap for 2019

As mentioned earlier, one of the absolute requirements of building a successful blockchain project is to be fully and completely transparent.  Luxcore certainly meets that requirement with the introduction of their most recent roadmap.

The roadmap does a great job of showing which projects are in development, how far along each project is, and the expected completion date of each project.  With this, LUX traders and potentially interested consumers can follow along and monitor the status of projects that they are especially interested in.

Since many crypto projects have inevitably disappointed the market, offering…

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Can XRP Break Out of the Falling Wedge?

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XRP
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XRP is the third largest cryptocurrency by market cap, which currently sits at around $13.5 billion. The coin also has a price of $0.325316 at the time of writing, after seeing a significant price correction of 4% in the last 24 hours.

Just like many other cryptocurrencies, XRP has seen massive losses during the 2018 bear market. However, this falling wedge seems to have seen a real breakout in 2019, as the crypto winter started to let go, and a lot of coins saw significant price recoveries.

XRP’s falling wedge was much more difficult to stop, which can be seen on its long-term chart. But, the recent bull runs allowed numerous cryptocurrencies to finally see growth, and XRP is definitely one of them. The charts also show that the coin’s falling wedge has seen a breakout, which is an excellent thing for the future of XRP’s price.

However, for the coin’s price to truly turn and stay bullish, XRP needs to see larger volumes. The experts believe that this is the key for a new rally, one which would allow XRP to reach true recovery.

XRP price performance and predictions

As mentioned, XRP had struggled to start growing even when most other cryptocurrencies were drawn in a number of bull runs. While the coin has been acting the same as others until mid-February, it is clear that the…

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