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Tron (TRX) expected long-term value now (and market psychology)



Tron TRX

As for the moment the crypto world is going through one of the toughest times regarding price movements. In fact, at the time of writing the market capitalization has decreased to the point of having a value of  $193,719,360,631, a number that is to be worried about if we consider the heights the market has reached before with market caps touching the 800 billion dollars level.

In this sense, we all wonder how is it possible for the market, and specifically, for our favorite coins to give a U-turn and get back to decent prices where we can feel safe again.

TRON (TRX) is definitely one of those coins about whom we question the most. As it seems, Tron is one of the most solid projects that exist out there, and additionally, counts with one of the greatest teams in the industry, starting with the presence of Justin Sun as the CEO and leader of the group.

Tron has given us some of the most exciting initiatives ever since it was created, but for some reason, this hasn’t been translating that much into the price. So what can we expect in the long run for the TRX token? Let’s see all the details on a long-term price prediction for the coin.

Long-term price of Tron

Truth be told, things have not been going the way we expected with the TRX token. In fact, after the main net launch, the Super Representative Elections, the Tron Virtual Machine, and other outstanding projects, we were hoping to see a skyrocket that didn’t occur.

Instead of that, we’ve seen how the price has been slumping down, even moving the coin out of the prestigious spot of the top ten cryptocurrencies.

At the moment of writing, TRON places at the 13th position of the charts according to Coinmarketcap. The crypto has a current price of USD 0.0193 per coin, a trading volume of $101,406,132, and it has decreased by 1.42 percent in the last 24 hours. In this sense, it just seems like the landscape is not rosy for the coin, but how do we know that the price will rise soon?

Well, recessions are actually quite frequent in the finance sector. In fact, back in 2008, the finance world had one of the toughest times ever with a pronounced recession that broke several banking institutions and made disappear a bunch of them.

For instance, we can name the case of Lehman Brothers, a reputed financial institution that was forced to apply for bankruptcy in lights of the hard scenario of the day. Back then it was actually common to wake up and see futures reflected of 400 or 500 point downs.

About this, the influence that news and social media has on this type of business is crucial. Most of the times, the community takes decisions because of the information in which is exposed, but when price stops having a relationship with all the news around, that’s when we can expect a real increase in the coming months.

When news of this kind don’t affect the price or don’t make the price to go lower, that’s an indicator of a ‘soon coming’ reversal. Like this, Tron may give an upturn in the following months, but to see this happening it would need both events and market support.

Concerning events, TRON has definitely characterized for creating the best initiatives to fulfill its mission of ‘decentralizing the internet,’ and that’s precisely another of the reasons why Tron will manage to surge, as it has one of the most robust fundamentals of the sector. But for the market support, it would need the boost of a market increase to skyrocket its prices.

Like this, we could be speaking of getting to a mark of $4 or even higher in the long-run (3-5 years), depending on the market conditions. But what we can be sure of, is that the current conditions of the sector are no longer affecting the price of token that much, so we at least can expect an upturn to happen in the following months. Stay tuned.

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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.

Photo by Tadeusz Lakota on Unsplash


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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