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TRON price forecast 2018: An incredible boost after Testnet launched

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TRON price

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

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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