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TRON (TRX) gets ahead of EOS in registered accounts race

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Ever since TRON launched its main net, all we always heard was that the platform would be a Concerning success in the coming days, and this is, for a fact, a thing we are experiencing right now.

As for September 4th, the crypto verse woke up to the hottest news finding out TRON (TRX) surpassed EOS platform in the number of accounts created in the system with 301,765 accounts on TRON’s platform versus the 299,820 accounts that EOS have to the moment. Let’s find out all of the details behind the positive move for TRON.

1,945 regarding ahead

TRON has managed to surpass the EOS platform by 1,945 accounts in a notably short period of time. In fact, the to net has been live only for 71 days today, so we can all agree that this is a great success for the company founded and directed by Justin Sun, one of the brightest minds in China and the whole world.

Sun has characterized for being nothing but a very optimistic person, even being labeled as delusional in some occasions because of his forecasts regarding TRON (TRX) and the heights that the cryptocurrency will reach as per him.

However, letting the facts be facts, TRON has actually accomplished some of the most remarkable performances in the industry, and this has been made with the effort of Sun and his team. Not so long ago, Sun forecasted that TRON would surpass EOS in account numbers by the end of the third quarter, and to say the least, this has actually happened before that.

The CEO published a message on his Twitter account referring to this matter as he said:

So now that this milestone has been double checked, Sun has his vision on overthrowing Ethereum with its Virtual Machine, a fact that is not surprising considering that TRON was conceived as an ‘Ethereum killer’ in a manner of speaking.

In this sense, the TRON VM (Virtual Machine) is one of the most ambitious projects of the current 13th largest cryptocurrency; it is actually compatible with the Ethereum Virtual Machine but with all the necessary updates as to offer a better solution.

In the last days Sun has been sharing updates on his Twitter account expressing the most prominent differences that TRON has over Ethereum’s Virtual Machine and Network, and of course, he has assured to mention the latest card under the sleeve that TRON is preparing, which includes a project with BitTorrent, the biggest Torrent platform in the world.

Let’s recall that recently Sun acquired BitTorrent as a new move to accomplish his goal of ‘decentralizing the internet’. Like this, both the TRON Virtual Machine and the Atlas project will merge to defeat Ethereum and gain more recognition across the cryptosphere.

With respect to the Atlas Project, both TRON and BitTorrent will connect their platforms by using BitTorrent protocols. This way, the platforms will collaborate to increase the lifespan of Torrent swarms with the intention of improving the speed. Further, they will use custom and inclined tokens to resolve any limitations that the platform may have.

Conclusion

Without any doubt, TRON (TRX) has been garnering the best strategies to continue its growth and climb to the top. However, even though the latest results have been impressive in terms of development and solutions offered to the market when it comes to the performance of the price of the token, TRON has actually not received the best feedback.

At the moment of writing the TRX price is $0.0257 according to Coinmarketcap, and despite having an increase of 2.24 percent in the last 24 hours, the crypto places at the 13th position of the market. This has been particularly disappointing for many in the TRX community, as everyone has been actually been waiting for the price to increase, and instead of that, the token has continued its way beneath the top ten.

In lights of this, many consider that before working on quantity TRON should work on quality, and that’s precisely what the company has been doing, but on the other hand, there are those who believe these great results should be transferred as well to the price. So what do you think? Is TRON (TRX) doing a good job or should we center more in price?

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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 thorough research before investing in any cryptocurrency and read our full disclaimer.

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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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Altcoins

IOTA (MIOTA) Pending Update Might Bring Huge Gains in Days to Come

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The crypto space is erupting once again, and if popular predictions are correct — the growth is only starting. However, in the vast sea of altcoins that hold the massive potential to go big in the future, we would like to set IOTA aside as one of the coins that might blow up quite soon.

As always, there are no guarantees of this, as the crypto space still lacks regulations, and remains highly volatile. To see proof of this, all you need to do is look at Bitcoin, which goes up by $1,000 within a day, only to slowly drop by $700 in the following week, and then repeat the process. In other words, there is still a lot of uncertainty regarding any project, and that includes IOTA.

However, even with all of that in mind, many are quite optimistic about this particular project, especially after a recent announcement. The announcement in question indicates that IOTA is about to see a massive upgrade. In most cases, this would be more than enough of a reason to expect the coin to start performing better. But, in IOTA’s case, this is nearly a guarantee that it will.

The update is believed to carry a lot of fixes for a lot of problems that traders and investors have been reporting for a while. No crypto is perfect, and since IOTA is…

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