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Tron (TRX) roadmap and potential of reaching $2 in the current bull run

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Tron is without a doubt one of the largest and most formidable blockchain projects that seem to be making buzz and headlines in the crypto space, again and again. Ever since Tron Foundation launched its priority platform (MainNet), which boasts of having a high throughput and TPS of up to 2,000, the recognition has been obvious.

The last two months have been eventful for Tron (TRX), as the blockchain technology is gradually building itself towards a new decentralized age.

Like the majority of the digital currencies in the market, Tron prices have been exploding in fireworks since Monday 16th. At the time of writing, Tron (TRX) is exchanging at $0.04049, an increase of more than 11% in the last 24 hours, with a market cap of about 2.6 billion US dollars, according to CoinMarketCap.

Tron (TRX) engaged rocked boosters as it made its way through the resistance level at 0.035 US dollars and 0.036 Us dollars. TRX/USD overwhelming bullish run pushed the value above 0.037 US dollars but hit a snag before reaching 0.038 US dollar price level leading to subtle lower corrections.

Tron (TRX) is exchanging at the narrowing edge of the contracting triangle, giving indications that another price surge might be in the works. And when this time comes, TRX/USD could skyrocket attacking immediate upper supply zones of 0.04 US dollar before retracing its steps towards the 0.05 US dollar mark. Yet another exciting Tron news, Tron (TRX) is preparing for another launch.

Tron (TRX) Getting Ready for Another Major Launch

Although talk revolving around Tron’s token migration and mainnet upgrade are yet to settle down, Tron is preparing its users and community members for yet another important launch. The next major launch event for Justin Sun and Tron (TRX) will be the launch of the TVM also known as the Tron Virtual Machine that is specifically designed for the Tron ecosystem.

The TVM will support DPoS or Delegated Proof of Stake having the capability to also connect to any development platform. It is scheduled to be compatible with Ethereum’s VM, and smart contracts. The Tron Virtual Machine will allow developers and creators to program and debug in Solidity enabling an easy transition on the platform.

If you go to Tron’s website you will see the launch for the Tron Virtual Machine is scheduled to happen in the next 11 days, bring forth chatter that this might be Tron’s strategy to massive adoption.

Another thing to note here is, TVM is not the only exciting Tron event ahead, the whole crypto community is waiting for a secret Tron project that’s expected to be revealed at the end of this month, too.

Tron Leading in Twitter Mentions

As one of the most prominent social media platforms, Twitter remains as one of the most relevant social tools for communication for blockchain projects and technologies. On the Twitter platform, it has been discovered through a survey done by CoinTrendz, that Tron (TRX) edges out all of its top ten virtual currencies competitors.

Tron is ranked number one as the most mentioned virtual currency in the crypto space with over 3,800 mentions in an hour. Bitcoin comes second with a total of 1,465 mentions in an hour; a margin of over 2,300 mentions separating the two coins.

Tron continues to flex its muscles exerting dominance in the crypto sphere owing to the title of being one of the most active blockchain projects in the industry. It is still hard to predict whether the digital coin will reach the price prediction of $2 before the year ends, but as things stand, it will soon. Tron (TRX) seems to be riding a golden horse currently, we will have to wait and see how things will turn out.

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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 Maxpixel.net

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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crypto credit cards
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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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