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

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Tron TRX

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

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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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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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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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