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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

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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