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TRON price forecast 2018: An incredible boost after Testnet launched

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TRON is the non-profit organization located in Singapore which was in charge of creating the new cryptocurrency TRX. The foundation ambitions to approach the entertainment market which now is valued at the massive number of $1 trillion.

Right in the entertainment field, there are plenty of investors hoping to have the opportunity of investing their money in a new form, and of course, there isn’t a better way to do it than putting a bet into the emerging market of cryptocurrencies.

The cryptocurrency market has been ruled so far by Bitcoin; nonetheless, there are more and more options any time with new cryptos that also promise a good future. It is so that with a whole variety of options there are also lots of decisions to be made as it is not always safe to invest money in a digital currency of which you are not certain.

Regarding this, here we have the freshly made predictions for the price of TRX, the TRON digital currency that promises to rise sharply.

TRON is a foundation that was created by Justin Sun, a successful businessman who also serves as the CEO of the PEIWO APP. As he claims himself, TXR is a cryptocurrency but also a platform that represents a terrific challenge for social media sites such as Facebook or Youtube.

The fact of the statement it is not to be surprised of since the aim of TRON is actually to become a model in the whole entertainment industry. In fact, TRX is defined as a platform based on Blockchain that seeks to provide its users a free interaction with content, meaning they can publish all the matters they intend to without an intermediate company.

In this way, artists and content creators will be able to share their materials without the figure of a middle company, which of course, will grant them plenty of benefits.

Besides, TRONix, the coin to be used in the platform has already a users database of 10 million people. Its implementation will be done by using the PEIWO app and is expected to have rapid growth despite being stuck right now with the partnership.

TRON is one of the Top 15 Cryptos

Recently TRON Supports stated over social media sites that TRX is currently ranked as one of the 15 most important cryptocurrencies in the world; and not only this, according to Sun the currency also could be used on video games for trading and purchasing, another competitive advantage that puts the currency at the top of the entertainment industry.

TRON (TRX) Price Forecast 2018

In the current scenario Bitcoin is the leader of the cryptocurrency market, followed by its homologous Ethereum, Ripple, Bitcoin Cash and Litecoin, which form the prestigious top 5 in the prices. However, TRX is prognosticated to be at a constant ascends during this year, and therefore, represents an excellent opportunity for investors in a long-term investment.

So as a matter of fact, if what you’re looking for is to invest some money and obtaining a significant gain with it TRX is the option to follow. Right after the currency solves its problems with the partners the price will go up drastically.

The current price of the coin is valued at 0.0365 USD, but according to a forecasting tablet, by investing $100, you would get today the incredible amount of $2742.407.

To conclude, the price of TRON is aiming to make it to the top of the entertainment industry, and the rates and prognostics for this currency are going up and up every day; so if you look for a safe investment on a new cryptocurrency, this is the perfect choice.

We will be updating our subscribers as soon as we know more. For the latest on TRX, sign up below!

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 James Stewart via Flickr

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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021

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Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level

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Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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