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TRON (TRX) Might be in for a Large Breakout




TRON (TRX) has proved to be one of the toughest coins to be influenced by price shifts, and no matter how other coins perform, TRX seems to constantly be doing its own thing.

TRON (TRX) ready to rise

Ever since the beginning of the year, TRON’s price has been relatively constant, with rather small changes up and down. This has been somewhat irritating to TRX community, especially considering all the things that the coin managed to achieve in the last few months

Through the efforts of it very talented team, led by Justin Sun, TRON’s founder, this crypto has managed to achieve a lot in a very small amount of time. In only a few months, TRON has entered numerous partnerships, launched its MainNet, went through a token swap, as well as token burn, and has managed to make one of the most important purchases in its history – the purchase of BitTorrent.

Through all this, and more, TRON’s price failed to react and go either way, with the exception of a significant spike up in mid-May. However, a lot of people believe that TRON is simply waiting for the right conditions before it spikes up again.

TRON is a crypto focused on the entertainment industry, with a goal of becoming a dominant coin in this industry. Obviously, there is a large need for this coin, and all that it managed to achieve so far could be seen as setting the stage for the soon-to-arrive price increase. Of course, there are no guarantees of this, but the coin has simply achieved too much for its price to not react at all. This has led many to assume that TRX is simply waiting for the right moment to go up, and leave any possible competition in the dust.

TRON’s ‘secret project’ unveiled

TRON’s projects have always been big, but lately, the coin has decided to completely blow up, with the announcement that its team is working on a ‘secret project’. The project itself was said to be announced on the day of the launch of TRON Virtual Machine, on July 30. For weeks, the entire crypto community speculated what could it be, and what is Justin Sun planning now.

The only clue that was given by Sun is that the secret project will make sure that TRON ends up with 100M active users. Because of this, there were numerous theories, discussions, speculation, and alike. Many claimed that TRON is entering a partnership with Alibaba, which is why the coin has been so secretive. Well, it turned out that those who claimed that the secret project has something to do with BitTorrent were right.

On July 30th, TRON announced Project Atlas, which is a new type of system, designed to increase the strength of TRON’s foundation, as well as to make it more efficient. The project will, of course, rely heavily on BitTorrent’s technology and influence, and a lot of great things are expected to come from it.

So, with all of this going on, TRON’s price remains pretty much the same, with only small oscillations, while the coin clearly continues to advance almost on a daily basis. This is what the large majority of its community simply doesn’t accept, and why everyone expects that the coin will skyrocket as soon as the market truly goes bullish again.

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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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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange



Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited ( ), 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 ( ), 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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Should Crypto Projects Devote Resources to Community Growth and Marketing?



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



Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub ( 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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