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Real Tron (TRX) usage has arrived! Token price could hit the moon at any time

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Tron TRX
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If a cryptocurrency has to go high, it has to increase its real-life usage, and Tron (TRX) has managed to achieve precisely that. Here in this post, we’ll uncover how but let me talk about some facts first, briefly (promise).

It is not a hardcore secret to anybody that cryptocurrencies have been approached as a form of investment rather than its real purpose which is to be a payment method that’s open to anybody at any time with the characteristic of not needing a trusted third party involved in the process.

In this matter, this has been one of the biggest struggles the crypto market has been dealing with as when it comes to utility, it seems like the crypto market lacks options, which, at the same time, ends up resulting in the implicit encouragement of the usage of virtual currencies only with the expectation of gaining a profit of it.

So, in this sense, it is to be noted that every day there are more and more initiatives that plan to tackle the problem and come up with a solution that could finally give a different approach to crypto usage, a fact that seemingly, Bitcoin Superstore has finally achieved by adding Tron. Let’s see its connection to the new crypto-mainstream link and the details on the addition of Tron (TRX) to the platform!

Bitcoin Superstore

Bitcoin Superstore is a website that allows crypto enthusiasts with the opportunity of buying good and services from a huge range of options of the market by using cryptocurrencies.

The platform has been amongst us for quite time now, but it wasn’t till the moment that the network started to gain strength by setting some of the most ambitious goals of the sector.

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According to its official Twitter account, the company is aiming to add a new cryptocurrency every week, and not only that, it is also willing to accept suggestions of the community, a fact that undoubtedly represents a great benefit for the sector.

Bitcoin Superstore gives crypto enthusiasts the chance of buying from almost all of the online retailers in existence, including Amazon, Walmart, eBay, and even Starbucks, and the best of all is that it charges the user with a 2 percent fee of the total amount of the purchase only.

Like this, the platform has already turned in the most relevant service for real crypto usage in the market, and at the same time, in the cheapest (I mean affordable).

The seven cryptocurrencies available

In the beginning (as the name suggests), the only crypto accepted was Bitcoin (BTC). However, the platform has already seven cryptocurrencies enlisted, among which there are Bitcoin Cash (BTH), Dash, Ethereum (ETH), Litecoin (LTC), Ripple’s XRP, and Tron (TRX) as of yesterday.

The official announcement was made through Twitter:

Conclusion

Naturally, the addition of Tron (TRX) to a platform where users can purchase in almost all of the online retailers that we know gives the coin a very positive perspective around price matters.

In fact, it is likely that in the near future the prices of the coin will surge from the recent behaviors, and this could be supported as well by the recent peer to peer payment option that Tron has enabled through its payment platform Seedit.

We can all agree that the latest performances of the coin have not been the best, but this is a milestone with the potential to change the fate of Tron completely. Of course, it will be unrealistic to expect Tron (TRX) hitting the moon in current circumstances; the whole market is bleeding severely, TRX will have to wait (the rally needs to start from Bitcoin). So 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.

Image courtesy of Pixabay.com

Altcoins

Ripple XRP Mega Breakout: What’s Next?

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Ripple XRP mega breakout
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The Ripple XRP mega breakout that we were calling for happened and happened much quicker than anyone expected. As we said yesterday:

Nonetheless, IF, Ripple is capable of going ‘topside’ of the .38 figure at any point in the days/weeks ahead, such development, should it occur, would likely trigger its next advance into the .42 – .47 zone, representing a 30-40% move from present levels. On the flip-side, the .25 – .26 area should offer short-term potential support.

XRP is now sitting at .51704  as we write this article this morning, representing gains of 61% since we alerted our readers and our Global Elite email newsletter members.

Ripple XRP Mega Breakout

The Ripple XRP mega breakout is significant because it’s the first time XRP has been above its 50-day moving average since May. Right now, the RSI is approaching 80, so we are in overbought territory and we expect the price to consolidate around the .42 to .47 level before resuming its uptrend.

While some are looking at this as an opportunity to short XRP, we are not of that camp. While some can book some profits and use a trailing stop, any integration of XRP with xRapid has the ability to create a tremendous move in XRP. As Travis Kling said this week on the Off the Chain podcast with Anthony Pompliano, XRP could be the quickest five-bagger investors…

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Altcoins

Litecoin Cash (LCC): The potential mover?

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Litecoin Cash
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Litecoin underwent a hard fork in the past, and that is what led to the creation of Litecoin Cash. Bitcoin has also experienced a hard fork, which has led to the creation of Bitcoin Cash, so this trend is not necessarily brand new.

Forks have occurred pretty often now in the cryptocurrency community, and the perception is that it probably will continue to, as long as the need (forks are often created to overcome issues faced by the originals) remains there.

While the market has been bearish for most of the year, it has been showing some definite signs of life, especially when we look at the kind of price action that has been happening with Ripple recently. Litecoin is also rising in anticipating of its hard fork, which is to be expected.

For those who are unaware, Litecoin Cash was created earlier this year. 10 Litecoin Cash was given to every investor who had 1 Litecoin – and that one move, it’s easy to see, was very massive concerning value.

Charlie Lee, the founder of Litecoin, has come out against LiteCoin Cash, calling it a scam. Many cryptocurrency influencers have come out against Litecoin cash, although there are still others that believe that this is only because the project threatens them.

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Altcoins

The Stage is Set for Stellar XLM vs XRP

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XLM vs XRP
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The digital asset of XRP, did something spectacular on the 18th of September when it shocked the crypto-markets by rising in value by 21%. In a time period that was less than 5 hours, XRP spiked from levels of $0.273 to those of $0.332 and has continued rising. The digital asset is currently valued at $0.36.

xRapid Factor

The reason for the sharp increment in value of XRP was news that the Ripple company was going to launch xRapid in the next month or so. This was after the firm’s head of Regulatory relations for Asia-Pacific and the Middle East, Sagar Sarabhai, made the following comments during a CNBC interview on the 17th of September:

“I am very confident that in the next one month or so you will see some good news coming in where we launch the product live in production.”

Stellar’s Cross-Border Payments

The news of Ripple launching xRapid has come 2 weeks after the Stellar project and IBM, announced that they were entering the industry of cross-border payments through their new service known as IBM Blockchain World-Wire. The new payment settlement service has been quoted as being ‘near instant’ meaning that it will probably rival the transactions time seen in the xRapid pilot tests of 2 – 3 minutes earlier on in the year.

Stellar Acquiring Chain

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