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Milestone Achieved – TRON (TRX) Listed on KuCoin

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KuCoin

TRON (TRX) has just joined the list of KuCoin, one of the most active crypto exchanges on the market. Additionally, Justin Sun has shared on his Twitter account how TRX is doing in of his weekly reports.

TRX joins KuCoin

TRON’s (TRX) continuous successes are not really surprising to anyone at this point since the coin has clearly demonstrated that there is no such thing as obstacles in its way to dominating the crypto world. Its recent victory is among the big ones, though, as the coin has entered KuCoin’s list, and the trading is supposedly starting today. A lot of investors see this as a possible spark that will ignite TRX price and send it to the moon.

TRON got on KuCoin after being added on numerous smaller exchanges, but many believe that it would have gotten there sooner if it were not for its recent MainNet launch. Thanks to the MainNet, adding support for TRON seems to have been a bit more difficult on the technical side, but the issues seem to have been resolved now.

The addition of TRX on KuCoin also came only a few days before the scheduled TRON VM launch. This is definitely a busy time for TRON when a lot of changes are happening, but one thing remains constant — its price. Many believe that this is because TRX will only be able to trade against Bitcoin and Ethereum, and possibly other digital assets.

At the moment, TRON is in the green, with the price of $0.025232 per coin. The recovery may be on the horizon since TRON has seen an 8.80% increase in the last 24 hours, but this is still not enough for the coin to return to its former glory. For this recovery to continue, TRON will have to show technical strength, but it will also need a lot of support from its community.

Justin Sun shares TRON weekly report

Yesterday, August 27th, Justin Sun released another weekly report (in numerous languages) on his Twitter account. The report mostly talks about the Tron Foundation’s progress, and it briefly mentioned new upgrades and development. It consists of four parts — Tech development, activities of the TRON community, TRON’s team and partners, as well as market transactions.

So far, under the TVM’s ecosystem, it would seem that the team has managed to transfer security assurance within contracts, as well as to optimize node scoring functionality. Additionally, the Foundation has also completed the resource delegation for consensus.

There is also a significant chunk of work in progress, like additional attempts to improve the TVM ecosystem, and especially its security. Also, the Foundation wishes to introduce new design changes in the wallet.

As for the team, partners, and community, the report reminded us of various incentive activities that targeted the coin’s supporters. There were also mentions of the completion of TRX migration, bringing back withdrawals and deposits, the purchase of BitTorrent and its merging with TRON’s team in San Francisco, as well as a reminder that Project Atlas is underway.

Additionally, the report mentioned the TRON Super Representatives election, stating that Blockchain.org and TRXMarket are the new additions to the team. After those two, TronSpark and DAPPHOUSE joined as well, each being chosen by community votes.

Finally, there is the matter of the market activity. Recently collected data from COintrendz has shown that TRX is among the top coins per Twitter mentioned, and it is right up there with Bitcoin and Ethereum. Since the results came in, Justin Sun stated that the coin’s current goal is to reach as many exchanges as possible. So far, it would seem that TRON is doing pretty well, and it joined not only KuCoin but Allcoin too.

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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 Tim Green via Flickr

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.

NFTs are already being actively traded in markets globally. For…

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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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