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

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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

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5 Reasons Why BAT is A Good Investment

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In their search for the next great investment opportunity, people often tend to run into Basic Attention Token (BAT). A lot of investors have developed a significant interest in the coin, and are wondering if things are truly as good as they seem.

With so many scams and fake coins out there, as well as bad investments that seem good at first, it is a good idea to be skeptical. However, in the case of BAT, many agree that the coin is an excellent investment that should not be missed or overlooked. So, today, we will discuss why this is, and why you should add BAT to your investment portfolio.

1. The project’s goal

BAT has a goal to solve a problem that all of us are already very familiar with, and that is the issue of online ads. For a lot of people, ads are annoying, often irrelevant, and they tend to pop up in all the wrong moments. No to mention that they are intrusive, advertisers steal or buy your private data in order to process it and target you with more appropriate ads, and more.

Most people choose to deal with this by installing ad block extensions. However, what if there is a better way to go around it?

This is where BAT comes in. The project uses its technology to solve this problem by blocking ads unless users decide to interact with them by…

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How and when Electroneum (ETN) mass adoption will catch fire

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Before we talk about how Electroneum is thriving towards mass adoption, let’s take on some basics. What is the meaning of “mass adoption” and what cryptocurrencies could really achieve it? The answer to these two questions will ultimately determine the destiny of the cryptoverse.

Sooner or later some tokens will become useful (and used by) a lot of people in the real world. That will create demand for those tokens and that demand will bring its value up. It will be the point at which the crypto market becomes mature, one that answers to real economic forces (such as supply and demand) instead of being a toy for speculators as it still is today.

So let’s start at the beginning. Mass adoption means that, given any kind of technology, product or commodity, at least seven out of ten people know what it and what they can do with it. This definition doesn’t take into account if they actually use it, only if they know about it. Think about Facebook, for instance. Not everybody you know has an active account there.

But chances are almost everybody you know understands what it is and that they could start using it anytime they wanted (if they’re not using it already) at a rate higher than 70%. Maybe a more explicit example is coffee. The percentage of coffee drinkers in the US is about 83% which is enough to ensure it’s mass-adopted. And everybody…

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Stellar Lumens and XLM: All you need to know

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Stellar Lumens is a blockchain project that includes the XLM token. It’s meant to connect banks, payments, and people. How? By making money transfers around the world quicker, safer, more efficient, available to people that are usually outside the banking system at a cost so low that it’s almost free.

Millions of people are using Stellar already. It’s considered to be the closest project to Ripple (hence, its main competitor). But Stellar has found more use cases than Ripple so far and a strategic alliance with IBM. Those two things will end up determining Stellar’s success in the long run.

Stellar’s leadership, staff, and the team have raised a few doubts in the past. This project was founded by Jed McCaleb who also founded Ripple and eDonkey. The network’s governance and centralization could improve regarding transparency as well.

That being said, Stellar’s adoption and development have grown exponentially in a short time. It’s become one of the leaders regarding blockchain structure. And it’s been in the crypto verse’s spotlight for several reasons.

With all those successes, Stellar Lumens could do a better job when it comes to decentralized apps. In third-generation blockchain projects, smart contracts and dApps are crucial. This could allow competitors like Tron, Ripple or EOS to gain advantages over Stellar.

But Stellar’s versatility is such that it might disrupt many different markets. As a payment tool, it can affect the virtual (and the real-world)…

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