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Tron (TRX) price surges amid first US TRX/USD pair and other news

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TRON (TRX) is one of those coins that continues to surprise us with incredible news every day that involve the most cutting-edge developments and the most significant partnerships in the industry.

Despite the recent bearish conditions of the market TRON has managed to maintain a great flow of transactions on its network, and a close relationship with the community, that even being concerned about the decreasing prices has shown nothing but support to the coin and its projects.

But have you ever wondered how TRON makes this happen? Simple. Justin Sun, the CEO of the company, has built the closest relationship with his community, and he shares every single one of the steps that the company is making with the intention of achieving its vision of ‘decentralizing the internet.’

As a matter of fact, the last days have been pretty much exciting for the company concerning partnerships and announcement, and as it seems, regarding price as well, as the token has managed to recover the green and has started to grow one more time. Let’s discover all of the details behind the latest alliances of Sun, and the price of the coin!

TRON’s price analysis

TRON (TRX) started September with almost 90 percent less value than the month of August, and that was only before it hit the mark of the 0.0094 dollars.

However, things are definitely looking better for the coin as just in the last 24 hours, TRX has increased 8.6%, having a value at the moment of writing of $0.01960, a price that is actually close to the $0.0266 that the coin had at the beginning of the month.

In this sense, we can all expect the company might continue to rise with the price as it is going to be injected liquidity with the TRX/USD pair. With relation to this, Sun published on his Twitter account a message that read:

As stated in the tweet above, it was known that Bittrex would launch the trading pair on September 17th along with the same pair for the Litecoin token.

More announcements in a row

As it is usual for Sun, he has shared several announcements with the community in the last days. Among them, he announced the completion of the mainnet swap by Coinhood, he tweeted:

The same way he announced later the partnership with SatoWallet:

Milestones collected by Sun

Recently Justin Sun announced a partnership with Intergalactic Gaming (IG), an online game that will make use of the TRON network to create a token for rewarding its users.

In this sense, the game platform has just announced as well that it will be joining forces with the Fourth Esports Organization for joining IGGalaxy, the company stated:

“another non-endemic organization to the Tron blockchain adopts the IG tokenized esports ecosystem”, this is a great step towards a solid partner relationship and “we will support our new partner’s integration into our ecosystem as well as the Tron Network”

Furthermore, Justin Sun reached 1 million followers on Facebook a few days ago, and the platform continues to increase with the creation of new accounts every day. So the way to go TRON, we support you.

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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 Priscilla Du Preez on Unsplash

Altcoins

XRP Continues to Struggle Despite the Bullish Market

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The crypto market, in general, has been seeing a rapid recovery for months now, especially when it comes to top coins. Bitcoin has already surpassed the levels it was seeing before the November 2018 market crash, with the current price of $6.852 at the time of writing.

However, the same is not true for XRP, the third largest cryptocurrency, which is still trading below its largest support. While its price did try to test the resistance at $0.312 several times in the past weeks, the coin saw a rejection each time it approached it. Combine this with the fact that XRP’s price against the USD is trading within a descending triangle, and it is easy to understand why many investors are worried.

Is XRP about to start spiraling down?

XRP is a massive coin, despite the fact that its price is low. As such, it has a major impact on the market, and if it were to go down, it is likely that it would take a large portion of the market with it. As mentioned, Bitcoin itself is advancing rapidly. However, historically, such massive uptrends often lead to just as massive potential downtrends.

As things are now, many expect it to come once BTC hits $7,000. However, many are looking for other unfortunate events that might trigger a massive sell-off. Experts have been warning that events…

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Justin Sun Bullish On TRX and BTT

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While TRON (TRX) managed to become one of the most popular projects in the crypto history, the coin itself has been in and out of the list of 10 largest cryptos by market cap several times by now. Recently, it got pushed out of the list once again, although not very far. After briefly holding the 10th spot, it got replaced by Cardano (ADA) which is, similarly to TRON, yet another challenger to Ethereum.

Meanwhile, TRON’s founder and CEO, Justin Sun, appears not to be worried about the current situation. In fact, he recently stated that he believes TRON will climb back up among the top 10 coins within a month. However, he gave another prediction, and this one appears to be quite bold.

Justin Sun’s TRX and BTT predictions

According to Sun, another cryptocurrency that recently joined the TRON ecosystem, BitTorrent (BTT), will soon see a massive surge which will bring it among the top 30 coins. Sun predicts that this will happen at some point during Q2 of this year.

Of course, Sun’s bullishness when it comes…

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Top 4 Cryptocurrencies That You Won’t Find Among the 100 Largest Coins

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Cryptocurrency investors are always on the lookout for the best investment opportunities, and as such, they follow closely what happens with the smaller coins, as well as the largest. A lot of people have a general rule to only invest in the largest, and well-established cryptocurrencies. This is a good rule that can allow them to avoid scams and increase their chances of getting a decent profit.

However, there are investors who are ready to take the necessary risks in order to become early adopters of future stars of the crypto space. The space is alive, and the top 100 list constantly changes. Even the list of top 10 largest cryptos looks a lot different today than it did a few years ago. Sure, some coins are the same, but they are in the minority.

With all that in mind, we will now take a look at top 4 cryptocurrencies that are not even among the 100 largest coins — but they do seem to have the potential to change that in the future.

Kin (KIN)

As mentioned, coins enter and leave the list of top 100 largest cryptos all the time, and KIN is a perfect example of this. The coin currently has a market cap of $35.98 million, and it ranks as the 120th largest coin at the moment. However, the coin did not sink because…

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