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The battle of the cryptos: Tron (TRX) vs. Cardano (ADA)

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Among the top cryptocurrencies in the world, Tron (TRX) and Cardano (ADA) have been two of the most dynamic altcoins dominating the news headlines. Many crypto analysts defer about these two virtual currencies as to which is the next dominant player in the cryptocurrency sphere.

Truth be told, ever since virtual currencies emerged in the financial world, digital assets have become a fertile source of venture and investment, although that was not the initial purpose as to why they were developed.

However, in the current world, that is exactly what they are used for, as an investment asset. So, it is prudent to be aware of those virtual currencies whose attributes and features represent the best alternatives to investments.

In this case, two of the most resounding virtual assets in the crypto market at the moment is Cardano (ADA) and Tron (TRX). Let us have a look at the main features of these virtual assets and why I think they are the preferred options to invest as the crypto market continues to grow.

Tron (TRX)

Tron (TRX) is one of the most celebrated and popular virtual currencies in the crypto market at the moment, thanks to the major recent steps it has taken towards mainstream usage and mass adoption, led by its visionary leader and founder Justin Sun.

Tron (TRX) has been one of the leading virtual currencies with the most positive developments throughout the year. Apart from managing to launch TestNet successfully, Tron successfully launched its new MainNet, went ahead with its token migration, where Tron’s coins separated from Ethereum’s network and migrated to Tron’s blockchain platform.

Tron has done so much this year, the digital coin also launched its Virtual Machine (still in beta, it will get launched for the public tomorrow) and managed to purchase BitTorrent, which has become a significant pillar of Tron’s new Project Atlas.

Under its portfolio, Tron has managed to enter into more agreements with big companies than we can count, resulting to the blockchain’s default currency, TRX, becoming the official payment currency for some partner companies.

Most recently, Tron Foundation announced the inclusion and listing of Tron (TRX) on LINE’s exchange, Bitcoin Superstore, and BITBOX, which has allowed its users and holders to buy goods and services from over 200,000 e-commerce shops.

Tron foundation ultimate mission is to lead the wave of decentralizing the internet by revolutionizing the entertainment and creative content industry, and from the look of things, Justin Sun is leading from the front in realizing this dream.

After all, from what we have seen the cryptocurrency is capable of doing, it is Tron alone as a platform that has the capability of achieving this fete.

Cardano (ADA)

Although being one of the youngest cryptocurrencies in the crypto market, Cardano (ADA) has managed to record significant growths in multiple ways this year leading to a pile of opportunities for cryptocurrencies.

When it comes to the question of what makes the digital coin so special, first, we must acknowledge that Charles Hoskinson created it.

An astute businessman on his right who formerly was Ethereum’s (ETH) and Ethereum Classic’s (ETC) co-founder. Due to his reasons, Charles left both projects to start his blockchain technology and cryptocurrency to create the optimal digital currency he had in mind.

One of the facts that make Cardano (ADA) stand out is that it was developed by a multi-disciplinary which has an extensive background in the crypto domain. Hence, every decision made during the development of the digital coin was well-calculated and executed. Cardano as a blockchain company expects to get global recognition and adoption as its mainnet becomes fully operational soon.

For me, it’s very tough to pick one from the two, both have targets of solving real-life problems, and of course, the leading heads behind both are nothing short than ‘real visionary.’ Not an investment advice, but as things stand currently, I’d like to invest in both Tron (TRX) and Cardano (only the amount I can afford to lose if things get worse).

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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 thorough research before investing in any cryptocurrency and read our full disclaimer.

Photo by Richard Lee on Unsplash

Altcoins

Encrypgen’s New HODLING Incentive Program May Send DNA Token Soaring

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Cryptocurrency traders have enjoyed a Bitcoin moon shot during the past few months.  Those gains have created a much more enjoyable environment for crypto bulls.  Whether it’s a temporary or permanent increase remains to be seen but hitting the 10,000 level has put everyone in a better mood.  Unfortunately, altcoins have not had experienced the same type of gains and are lagging significantly behind Bitcoin.

I’ve written articles in the past year that there is at least a decent chance that many altcoins won’t survive the current environment.  The ones that do will do so because they created a platform that has real world usage.  After spending countless hours researching many of the existing altcoins, I’ve yet to see a company that is more promising than Encrypgen (DNA).

Encrypgen Background Information

Encrypgen is a genomic blockchain network that provides customers and partners with best-in-class, next generation, blockchain security for protecting, sharing and re-marketing genomic data. This creates a fair marketplace for a person’s DNA that can be stored privately and sold (if a person wishes to do that). A person’s DNA can also be shared privately and securely with their physician for their personalized care.

Typically, people can send their DNA off to a lab to find out who they are and where they come from. As fun as that might sound, there is a significant security problem…

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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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TRON (TRX) Is Likely to Go Big in June

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We are now halfway through 2019, and the situation in the crypto space is better than ever in the past year. Numerous cryptos are seeing large gains, often cut by brief periods of stagnation or small corrections, but the overall sentiment is obviously bullish.

Bitcoin sits way above the $8k mark, and while it struggles to go beyond $8,700, it is still trying to grow. Investors and analysts are quite bullish regarding the foreseeable future, and a lot of altcoins are expected to follow BTC in this regard. However, today, we would like to talk about one particular altcoin — TRON (TRX) — as well as why it is likely to go big in June.

TRON’s progress so far

As many people in and out of TRON community know, TRX is not a project that often sits still. It is rich with announcements, particularly when it comes to his CEO, Justin Sun, whose enthusiastic tweets often seem like hype building to many.

However, TRON made some massive progress in 2018, which was the worst year cryptocurrencies have ever seen. This is not something that can be achieved through hype alone, and the project needs to have true quality and value in order to see such massive development in the middle of the longest and harshest crypto winter in…

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