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TRON (TRX) Enters the Forex Markets with Shift Markets

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TRON

The last week has been ecstatic for TRON, TRX, and all supporters and HODLers of TRX. This is the case because TRON has launched the long-anticipated main net, which means that the TRX just got ready for the next stage of its development. With declaring the day of independence for TRX and blockchain technology, Justin Sun introduced TRON to a new era where there might be a neat spot for TRX and TRON foundation on Forex Global Exchange.

TRON to Enter Forex Exchange

TRON started out strong in June as it managed to get three new listings in the course of only a week, mostly due to the fact that TRON has just released its main net with the coin migration supported by the exchange DragonEX. Among CoinEx and Max exchange markets, TRX also got listed on Indodax in the course of the past seven days, that way increasing its exposure.

Although seemingly still unappreciated in the market when it comes to the value of one TRX unit, TRON on the head with Justin  Sun is actively and proactively working on the development of TRON network as well as working on mass adoption.

One of the latest achievements that confirmed the significance of this blockchain project is the fact that TRON has recently partnered up with Shift Market.

What brought even more attention to this partnership is the fact that TRON might be entering Forex Global Exchange thanks to the CEO of Shift Markets, Ian McAfee.

TRON might as well be on a great path towards completing this objective, as it became evident that with the latest partnership with Shift Markets, TRX will be entering Forex Global Exchange.

It has been stated that TRON will be entering the Forex market, which means that this crypto will become available on the mentioned global exchange with the appropriate trading pairs.

TRON, Shift Markets, and the Forex Listing              

To honor the partnership with Shift Markets, Justin Sun tweeted about the partnership, inviting the public to stay tuned, that way implying that there will be more surprises yet to come.

Ian McAfee, the CEO of Shift Market, also tweeted on this occasion, stating that he is happy that TRON will be surpassing the gap between fiat currencies and cryptos thanks to the Shift partnership.

What Forex is more likely to do for TRON is to increase its exposure in different markets around the globe, which means that TRX might be looking forward to an increased value despite the case scenario during the past month where TRX just couldn’t acquire any crucial rises against the dollar.

Moreover, with TRON entering Forex exchange, its value may consequently rise while having a digital currency successfully “infiltrated” into the world of fiat values.

However, it is a realistic fact that the holders and investors will have to give a little time to this partnership in order to be able to see the results of the Forex exchange listing.

Recognition for TRON

After the announcement of partnering up with Shift Markets, TRON has gained yet recognition by having been added to a new listing besides from the previously mentioned exchanges it scored at the beginning of June and after the main net launch.

This time, TRON has been listed by a prominent exchange, BitForex, which is known by only adding the top promising coins to its listing, which means that this listing means more in the terms of having TRON gaining recognition from a high authority exchange market.

With numerous support teams positioned across nearly 90 different countries around the world, BitForex listing makes up for another great strategy for getting more exposure for TRON and TRX in the crypto market.

TRON’s Performance

Despite the amazing atmosphere of having TRON thriving in the past week since the main net launch, we can see TRX dropping against the dollar today on June 7th.

The market seems to be divided in a sense that while some cryptocurrencies are going down in the red a handful of its peers are going up against the dollar.

After the latest change in the market, TRX has suffered from a minor drop of barely 0.30% against the dollar, which means that TRON can currently be traded at the price of 0.059$ per one TRX.

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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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Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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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. One of the ways to have a successful trading…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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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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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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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…

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