There’s a phrase that’s become widely popular in the cryptocurrency world over the last few weeks. To the Moon. If you’ve read any cryptocurrency news at all, you must have found it several times already. Reddit, Twitter, Telegram, you name it, it’s all over the place. It’s becoming a crypto-cliché.
The phrase refers to a cryptocurrency or token that’s been doing great, growing in value very quickly, just in the way that a rocket in the Apollo era acquired enough momentum to reach the moon during the 1960’s and 1970’s. Apollo’s poster boy was, of course, Neil Armstrong, the first human to ever walk on the Moon. Upon taking that first step on the lunar soil, he said “One small step for man, one giant leap for mankind.”
Now that you have the context, I have to tell you this: Tron (TRX) might just be actually headed to the moon. The kind of success they’ve had so far can only be described as being out of this world. (And this is where you include laser lights and sci-fi music).
Just very recently (on April 5th, 2018) the currency was still surrounded by fear, uncertainty, and doubt. Traders were not taking it seriously despite Justin Sun’s very vocal and clear plans announced by himself and the Tron foundation. But now its current value is at $0.09087, which is a 235% increase in fewer than thirty days.
— Justin Sun???? (@justinsuntron) April 7, 2018
Tron’s fans believe this is nothing but the beginning and that the currency’s action will be even more spectacular in weeks, and months to come. Tron’s MainNet (which will be the firm’s network) will be released on May 31st, and Tron is saving no expense to make it spectacular and creating anticipation. The countdown feature at the firm’s site is reminiscent of the NASA countdowns that have been made famous by Hollywood movies.
If Tron can keep its momentum going forward from now until May 31st, it will continue going up (reaching the Moon, probably) and it will go as high as it did last January 5th, when it reached $0.2879 in value. It would seem that the best move right now would be for you to hold on to your Tron tokens if you already have them or to buy them if you don’t own any already.
Current projections place TRX’s value beyond $0.50 by next June. Just go for it right now, while it’s still cheap.
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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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Smart MFG Tech Announces its First Liquidity Mining Rewards Program on LINKSWAP
Manufacturing Industry 4.0 company Smart MFG Tech has announced that it is launching its MFG Liquidity Mining Rewards on LINKSWAP today. LINKSWAP is a decentralized, community-governed Decentralized Exchange (DEX) and an AMM platform, which was created by YF Link (YFL). The team at YF Link says it aims to address “the pain points of second-generation AMMs” by offering such features as Reduced Impermanent Loss, RugLock, SlipLock that are not offered by other platforms.
Smart MFG Tech has said that the first integration of the MFG liquidity mining rewards will use the LINKSWAP LP (Liquidity Provider) Rewards service. It will allow LPs to deposit their LP token(s) (UNI-V2) to the participating rewards pool (ETH|MFG) and earn MFG rewards seamlessly. Smart MFG said it will continue to work with the YF Link team to provide support for other pairs and expand services.
LINKSWAP’s Rewards is a liquidity mining service that enables LPs to earn rewards for providing liquidity in a participating pool. YF Link has implemented a custom frontend solution for Smart MFG LP rewards pool on LINKSWAP. This will allow LPs to add liquidity to Smart MFG’s existing ETH|MFG pool on UniSwap v2 and deposit their LP token(s) (UNI-V2) to their LINKSWAP rewards pool (ETH|MFG).
Smart MFG explained how the rewards can be earned:
“LPs get a share of the transaction fees on Uniswap v2. This is calculated by how much liquidity is provided relative to the percentage…
Building Your Nest Egg Brick By Brick: Are Micro-Investments Here to Stay?
No matter what our goals are, sometimes just getting started can be the most difficult part of building our savings up. When it comes to investing, many of us are wary of parting with our money to generate more financial security in the future. But what if you can build significant savings without even noticing?
That’s the aim of the micro-investing apps that have come to dominate online stores across Android and iOS. Today, more fintech startups are working on delivering refined solutions that encourage minuscule investments at a more frequent rate.
Micro-Investing apps will look to make saving more accessible to young people – many of whom in the UK have little-to-no money tucked away for a rainy day.
However, the prevalence of money-saving technology and the disruptive chaos of the COVID-19 pandemic appears to have prompted a widespread increase in households saving more of their disposable income:
With micro-investing platforms playing a role in bringing UK household savings back up to five-year highs, is it fair to say that little-by-little investing is here to stay? Let’s take a look at how micro-investment platforms could revolutionise how we manage our finances:
What is Micro-Investing
Micro-investing, or sparse change investing, is a relatively new development in fintech. It effectively enables users to put away small amounts of money towards their long, or short, term goals. The idea…
Decentralized Insurance Platform Bridge Mutual to Launch BMI Token on Polkastarter
Bridge Mutual, a decentralized platform that allows users to insure stablecoins, has announced that its native BMI token will be launched on Polkastarter tomorrow, January 30. The Polkadot’s decentralized exchange will host an Initial DEX Offering (IDO) for Bridge Mutual.
“Even the most sophisticated digital asset investors are at risk of losing their funds through various malicious and negligent activities in the blockchain ecosystem. With Bridge Mutual, we believe it doesn’t have to be this way. Using Bridge, people can control the risk exposure of their digital asset investments, just as they do with real-world assets. The Bridge Mutual platform allows people to offer and purchase coverage in a decentralized p2p way. We’re excited kickstart the launch of the BMI ecosystem with a launch on Polkastarter and creating a better way of protecting digital assets for users all over the globe,” Bridge Mutual CEO Mike Miglio said in a statement.
Bridge Mutual allows users to buy and sell insurance for smart contracts, stablecoins and crypto exchanges, peer-to-peer. Users can purchase insurance via the Bridge Mutual app and then file a claim if their digital assets are lost after a hack. “When users lock stablecoins in Bridge Mutual’s coverage pools, those funds are reinvested into popular (and safe) yield generating platforms that return yields to coverage providers. When a claim is approved, stablecoins from the coverage pool goes…