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Tron (TRX): Holders will reach the top of the mountain of success soon

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A token that has become a household among the crypto sphere is without a doubt Tron (TRX). This virtual coin is taking one of the most solid steps of the industry to provide better features to its users each time and to fully become a solution for many of the problems the sector has been dealing with.

Even though the market has been struggling in the last couple of weeks, even being in red numbers at the moment, Tron (TRX) is showing its commitment to improve and overcome the current situation of the crypto industry. In fact, it all seems like it’s paying off, as the coin has been able to recover from the common dip of the market, and has shown consistent prices against the US dollar in the last days and some other popular coins in the sector such as Bitcoin (BTC).

Tron is currently developing a lot of connections and benefits for its whole community, and as it seems, this may bring in a massive success for those who hold the token. Let’s see how it goes!

The awaited launch of the MainNet

For so long, we have heard that Tron was building a platform for dApp users to be able to migrate from the ERC-20 protocol based on Ethereum. Well, this is actually a reality now, we have come to the well-acclaimed launch of the MainNet, finally.

It is expected that with this launch, the community enjoys a more friendly-user platform and better structure. The MainNet will represent a solution for the many issues reported in the Ethereum protocol, a fact that surely will have incredible repercussions for both users and investors. As expected, the pro-active crypto project has more exciting events in its pipeline already.

watch tron independence call live

The Tron’s independence call event to start in 112 minutes from the time of press.

Other developments Tron has been working on

Most of the improvements Tron has made have centered in the MainNet. However, Tron plans and has already started to deploy corrections for the three of its pillars, the structure, the consensus protocol, and the primary wallet.

One of the most renowned issues among the Tron community involved the Tron RCP front. In this matter, the company managed to solve the problems without even affecting the operations of the token. Many of the bugs have been already resolved, and Tron deploys technical tests very often to check everything’s ok, and the system is free of potential threats.

The same way, with respect to the consensus protocol the company already set an optimization, and as it seems everything will work correctly with the token swaps in the latest launch of the MainNet. As far as the bugs noted recently, the company is already worked on a solution and resolved them all before the time of the launch.

Another development right on track at the moment is the optimization of the Tron wallet verification. Tests are regularly deployed to check the right handle of the validity of contracts.

Partnerships and behavior of TRON (TRX)

Despite the bearish performance of the whole market, Tron (TRX) has managed to stay afloat. In fact, at the moment of writing the token is listed by coinmarketcap as the number 10 in the rank, with a value per coin of $0.061 and a market cap of $4,074,219,809.

In addition, Tron is currently building amazing connections among the industry, being able to collaborate recently with the giants vSport and Hydro Protocols, and that’s not the best, the company is also getting lots of attention from several exchanges of the crypto sphere, including Binance, BitHumb, DragonX, Liqui, and RightBTC.

Conclusion

Tron (TRX) is ready to hit the sky as the MainNet is already here. Besides building up great bridges, the company is getting a lot of attention among exchanges which is an amazing thing in terms of validation. The same way, it is expected that at least a 100 million of dApp users previously registered on the ERC-20 protocol migrate to Tron’s blockchain, a fact that without a doubt will boost the prices of the coin.

If you are a holder of the token, the main recommendation is to keep the coin; you may actually be surprised with the results coming next.

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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.

Image courtesy of Pxhere.com

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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social
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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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