Connect with us

Altcoins

TRON (TRX) Settling Down Within the Top 10 Cryptocurrencies

Published

on

Tron (TRX)
READ LATER - DOWNLOAD THIS POST AS PDF

For a lot of people within the crypto community, TRON (TRX) represents an example of how a cryptocurrency should develop. Indeed, in 2018 alone, TRON has gone from being an ERC20 token to launching its own MainNet, numerous projects, dApps, and even other tokens that were created on its own blockchain.

During that time, however, the coin’s value remained mostly unaffected, except when the bearish market would bring it further and further down. However, the coin’s value and its inactivity is only the surface situation. Underneath it, this is one of the busiest coins on the market.

Thanks to its “killer dApps”, TRON has managed to achieve new records when it comes to the number of transactions per day, week, or month. The coin’s trading volume has also reached quite impressive heights on occasion, even beating Ethereum. Furthermore, its market cap is currently at $951 million, which brings TRON very close to the $1 billion-club.

For now, the coin remains in 10th position on CoinMarketCap’s list of largest digital currencies, with Cardano (ADA) being only one step behind, and Bitcoin SV (BSV) standing in the way.

Many in the crypto community have criticized TRON’s creator, Justin Sun, for bringing too much hype to the coin through his constant tweets. According to them, Sun has built TRON on enthusiasm alone. Whether or not this is true is still a matter of debate within the community, but the fact is that TRON is advancing rapidly, especially in terms of projects and partnerships.

It already has a very popular betting dApp, a game that relies on TRX, as well as its own DEX. Furthermore, its mainnet currently has over 900,000 active users, according to Justin Sun’s recent announcement.

Despite the low price, TRON seems to be doing rather well in terms of popularity and usage, which is what is keeping the project among the top 10 cryptocurrencies. In fact, some even place it among the top performing coins of 2018. However, the matter of its actual value remains debatable.

According to predictions, TRON’s value is going to continue its gradual drop over the next few years. While these predictions are not accurate, they are based on the coin’s behavior so far. However, it should be noted that the crypto market still remains unstable and that the situation can change, for better or worse, at any time.

The fact remains that TRX remains among the most heavily-used coins, with a current daily trading volume of nearly $89 million. In combination with its 39 active dApps, TRON doesn’t seem like the project that will lose support anytime soon.

For real-time trade alerts and a breakdown of the crypto markets, sign up for Elite membership!

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 Pexels

Altcoins

Why BlocPal Is the Easiest Way to Accept Cryptocurrency

Published

on

READ LATER - DOWNLOAD THIS POST AS PDF

The face of the retail industry is always changing.

E-commerce is one of the fastest growing trends worldwide, and for good reasons.

It’s convenient, secure, and is effective at connecting merchants with interested shoppers from across the world.

For this reason, it’s no surprise that online shipping is expected to overtake brick-and-mortar stores globally by 2021, making it the world’s largest medium for retail. As the industry changes, it’s important for retailers to keep up with the latest technology so they’re able to accommodate more customers at once. This is where BlocPal comes in.

BlocPal offers business owners an easier way to process payments

BlocPal understands that not every business owner adapts to technology at the same rate. As such, BlocPal has been designed to optimize transactions for both online and brick-and-mortar companies so that every retailer can enjoy the benefits that come with the world’s first true multi-currency payment solution.

With BlocPal, business owners can enjoy the following benefits:

    • The ability to process payments in fiat (USD and CAD) currency as well as Bitcoin, Bitcoin Cash, Bitcoin SV, Litecoin, and Ethereum. Expect more currencies to be added as BlocPal…
Continue Reading

Altcoins

Lite.IM Dethrones Facebook After Integrating Crypto Wallet With Popular Messaging Platforms

Published

on

Lite.IM
READ LATER - DOWNLOAD THIS POST AS PDF

With the crypto markets in turmoil, especially after news about a potential hack at Cryptopia, traders and investors need to turn their attention away from day trading.  Instead, crypto traders really need to think long-term and identify projects that are sure to win in the long-term.  In particular, one crypto company is making major headlines after winning an all-important technology battle against the mighty Facebook.  That company is Zulu Republic (ZTX).

Zulu Republic Develops Lite.IM

Zulu Republic is an ecosystem of blockchain tools and platforms, designed as a place where people, businesses, and organizations can thrive on their own terms.  And indeed, Zulu Republic has hit a grand slam with their development of Lite.IM.

Lite.IM is a crypto wallet that has been integrated with several of the most popular messaging platforms such as Facebook Messenger and Telegram.  In addition, users in the U.S. and Canada can also exchange and manage crypto balances through SMS.  Although not all cryptocurrencies are available, the team has selected four of the most popular currencies which include Litecoin (LTC), Ethereum (ETH), Bitcoin (BTC), and the native currency of Zulu Republic (ZTX).

Telegram and Facebook Messenger are extremely popular platforms.  But, potentially even more exciting news, is that the Lite.IM team plan to announce WhatsApp integration in the next 1-2 weeks.  There is a reason why Facebook acquired WhatsApp in 2014, for…

Continue Reading

Altcoins

Will 2019 be the Year of TRON (TRX)?

Published

on

Tron (TRX)
READ LATER - DOWNLOAD THIS POST AS PDF

While even the best years cannot help sustain bad cryptocurrency projects, the good and strong ones can do much even when years are extremely bad for crypto. TRON (TRX) has proven this in 2018 by being one of the most active and most popular projects around.

Throughout the previous year, TRON has been making great progress, setting foundations for growth and expansion, which may eventually lead to its dominance over the crypto market. Now, 2019 has barely even started, and it already promises to be a year filled with potential and all kinds of different possibilities for this coin.

TRON in 2018

2018 has started with a market crash that has brought a lot of coins down from their all-time highs. This is true for TRON as well, and it did not manage to avoid being affected by bear market, no matter what its developers did. However, instead of trying to fight the market and its trends, they focused on expansion, development, partnerships, and future projects.

The first big step for TRON was the launch of its MainNet, with dozens of listings and partnerships being announced right before the final launch. After that, the coin transferred its tokens from Ethereum’s network, it had a Super Representative election, and it even managed to purchase BitTorrent, which was a part of a secret project back then.

The project was quickly…

Continue Reading

Elite