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Tron (TRX) has officially swapped its tokens; recovery time starts now?




The crypto market is looking good at the moment (the market has started to turn on its head in last 24 hours though, in red again), and transactions with Tron (TRX) have increased in the past few days. The price of TRX has been on a low at $0.035 for the past few months, but right now, the price has moved upward.

The recent surge in the price of TRX was due to the increase in the share of USDT Trading. It is important to note that Tron increased by 31% in USDT Trading share. Although there may be short-term booms due to the USDT trade on Binance and recent market trend, still now, Tron is a matured digital asset and gains can be acquired on a long run – TRX will remain at this state for a while till its network starts distributing its products.

Moving forward, Tron’s election did not occur on June 26 as it was due to the fact that Bittrex and Binance had little doubts about the stability of Tron’s mainnet – and users may have to wait a little longer till the new Tron Wallet can be used.

The Super Representative elections of Tron has begun, but it seems the election is facing a glitch. As it stands, there is no specified date to the end of Tron Super representative elections. TRX tokens have been migrated to different exchanges, but exchanges such as Binance doesn’t permit withdrawals yet as a result of maintenance.

So, Tron’s mainnet was launched on June 25. Before that date, Tron scheduled its launch to be at the end of May, but the cryptocurrency faced some issues at that time. The mainnet has been launched, but it hasn’t lived up to expectations as yet.

Due to the fact that Tron’s mainnet hasn’t produced the right outcome in the past few days, it can’t be counted in the league of the most-traded coins in the crypto sphere. Quite remarkably, it has carved a niche for itself and topped the charts for the most searched on Google – as stated by Tron’s CEO, Justin Sun on his official Twitter page.

It is necessary to note that Tron’s mainnet pledges to offer a platform for distributed apps that will be much better than EOS – we will know if the prototype can stand the test of time as the day goes by.

During Tron’s mainnet, 1 billion tokens were burned and 99 billion new TRX tokens were circulated. Also, Tron foundation will have 33 billion TRX tokens locked till 2020 to maintain its value.

Furthermore, July 31st is the day set by Tron to launch its TVM (Tron Virtual Machine), and this TVM will enable Ethereum developers to migrate their projects into it as it is faster and more efficient.

Tron (TRX) price looks attractive at the moment if you take last seven days into the account (token went in red in last 24 hours following the market trend), but the digital currency is looking for ways to keep up with the current price trend.

There are bizarre forecasts that once Tron’s ecosystem starts functioning, its price will further increase. Well, let’s hope these forecasts are accurate, but in the meantime, let’s keep our fingers crossed and see how things unfold with the cryptocurrency.

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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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Here’s Why This Coin Still Has Wings (WINGS)




WINGS, a decentralized crowdfunding platform based on the Ethereum blockchain, has had a great run over the past two months. Culminating in a peak of US $.23 just a few days ago, the currency behind the product has more than doubled since it’s lows of early September.

Despite the slight downturn WINGS is currently experiencing, this crypto-favorite may not be done running up the green candles on your favorite exchange just yet. A small drop like we had today was actually expected and could be considered healthy by long-term investors. These dips are also appreciated by those of us waiting to get in on a project we feel has real potential. WINGS has shown us that potential and is now presenting a great buying opportunity for speculators and traders looking for the next wave of support to lift this coin into the stratosphere.

What is WINGS?
WINGS was created to nurture project proposals via the Decentralized Autonomous Organization (DAO) model. Using blockchain networks and smart contracts, the platform allows the WINGS community to promote proposals with the greatest chance of positive returns. WINGS, in essence, is a decentralized forecasting ecosystem, where token holders are given an incentive to make choices concerning projects on the platform.

The DAO is a popular concept for crypto-projects that want to remain entirely on the web. Using the peer-to-peer technology of blockchain and smart contracts to enforce the rules of participation is…

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6 Blockchain Predictions For 2019



blockchain predictions 2019

As 2018 moves closer towards its end, investors, developers, and tech enthusiasts are starting to turn their gaze towards the future. 2019 is less than two months away, and it promises new breakthroughs and large changes. This is especially true when it comes to blockchain technology.

While 2018 was an important year for this technology’s development, many are wondering what awaits us in the near future. Because of this, we have created a list of 6 predictions regarding the blockchain, as well as what might happen to it in 2019. Let’s begin.

1. Search for new and better business use cases

Blockchain technology is wrongly seen by many as a magical way to resolve all issues that we struggle with today. However, while it is true that blockchain can help with a lot of them, there are still numerous other problems that are better suited to be solved by alternative technologies. Robotics, AI, and similar technologies are not to be discarded in blind faith in the blockchain.

Researchers and developers have recognized this, which is why 2019 will be dedicated to finding specific use cases for blockchain technology. Blockchain will be used in situations where it can have the strongest positive impact. In other words, the goal is not to find places where this tech can fit, but to find places where it is the best fit.

2. Fixing blockchain industry’s image

For a lot of people, blockchain…

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TRON DEX Goes Crazy, TRX Founder Asks For More Projects




Less than a week ago, TRON (TRX) community uncovered a new DEX (decentralized exchange) on Since TRON community is among the strongest and most supportive communities to ever support a coin, trading activity on this DEX quickly skyrocketed.

So much so, in fact, that TRON’s founder, Justin Sun, felt that he should share this fact on his Twitter account.

TRON DEX sees massive growth in activity

Since Sun shares a lot of traits with TRX community, such as tirelessness and fascination with this project, he was quick to urge the community to come up with additional tokens and projects.

While Sun’s statement that the activity on the DEX is “going crazy” is pretty accurate, many do not realize just how accurate this is. It should be pointed out that the number of tokens on the exchange was 3 on November 10th, when the DEX was originally uncovered. Today, on November 13th, the number of available tokens has doubled.

In addition, 4 out of 6 trading pairs offered on the exchange have experienced significant gains, with the remaining two experiencing only slight drops. The growth was experienced by Dice/TRX (146%), TronWatchMarket/TRX (8.27%), WIN/TRX (89%), and SEED/TRX (1.73%). The drop was experienced…

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