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TRON (TRX) Surges by 20%

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TRON
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A number of cryptocurrencies have seen a lot of positive development in early 2019, with most of them experiencing significant gains, followed by mild drops, only to start gaining more value once again. TRON (TRX), for example, has just recently surged by as much as 20% within 24 hours.

TRON has made a lot of progress in 2018, from launching its MainNet to benefiting from popular new dApps and announcing massive projects such as Project Atlas. In the meanwhile, the coin entered more partnerships than anyone can count, and new announcements of listings are constantly coming.

Its market cap is also rising, and after spending months ranked as 11th largest coin, TRX has recently started to move up the list. The real progress was made after it managed to enter the top 10 list, and after that, within only a few short days, TRX managed to rise to the 8th spot, which it holds at the time of writing.

This was a significant milestone for TRON, not only because it climbed so high up the list, but also because its market cap surpassed $2 billion.

Meanwhile, TRON’s creator, Justin Sun, continues to publish important announcements via his Twitter account. Recent examples of important news include submitting the proposal that will allow TRC-10 token transfers in smart contracts, which is expected to go into effect on January 11th, new milestones hit by TRON dApps, new listings, and alike.

TRON grows while the crypto market trades in the red

The new price surge might be attributed to these successful moves, which have finally impacted TRON’s price as well. This is a clear contrast to last year’s situation when TRX made some very important moves which made countless headlines, but its price never moved in any significant way.

At the time of writing, TRX is valued at $0.031183, according to CoinMarketCap. Its the market cap is just over $2 billion, while its daily trading volume sits just below $700 million. The current growth originally started on December 17th, and it kept on growing ever since this day. The holiday season has slowed down this upward trend by a bit, but it never discouraged it from continuing to rise.

Many were hoping that this would be the case in 2019, and while a lot of coins did start the year trading in the green, nearly all of them are currently losing value, with TRON and a handful of other coins being exceptions.

As for TRON’s plans for the future, most of them revolve around completing the projects that were started in 2018, developing new dApps, and continuing with the coin’s expansion in regards to partnerships and exchange listings. While the current growth seemingly came out of nowhere, many would argue that it was long overdue, and TRON community members seem to be optimistic regarding the coin’s future.

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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.

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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social
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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Can Libra help the crypto industry to reach new heights?

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Libra is motivated and determined to change the face of payment procedures across the globe and make the blockchain-based project the leaders of payments.
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The market for cryptocurrencies started with the launch of Bitcoin in 2009, and since then, so many cryptocurrencies have been launched that it gets hard to keep track of them. The crypto market has seen massive growth in the past 3-4 years as it started gaining attention from mass media, which helped in this boom.

From the past 2-3 years, several new cryptocurrency projects were launching in the market. Amid all this, the social media giant – Facebook announced the launch of their cryptocurrency platform, and this news got viral like wildfire. The announcement came forward in June, and the upcoming cryptocurrency is known as Libra, and it’ll come with its dedicated wallet called Calibra.

What is Libra?

Libra is a permissioned blockchain-based digital currency which is being developed under the supervision of Facebook’s vice president, David A. Marcus. The cryptocurrency is under development in partnership with an independent, non-profit member Libra Association. Facebook is the second member of the project, and these companies aim to use Facebook’s user base for the promotion of the digital currency when it is launched. The transactions and the cryptocurrency will be managed and cryptographically entrusted by the Libra Association.

Note: Libra Association was established by Facebook to look after the cryptocurrency and the transactions, and it was founded in Geneva, Switzerland.

The development of…

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