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Tron (TRX), Verge (XVG), and XRP – Top 3 coins to invest right now, here’s why

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We all know how important it is to find the appropriate crypto to put our bets on. In fact, choosing the right coin may get us a considerable profit, and some other benefits that, of course, are worth to pay attention to.

Likewise, considering the conditions of the market as of now, it results crucial to find the right option among the whole repertory of cryptos that we can find in the market. Would it be Bitcoin (BTC) or Ethereum (ETH)? Are only these top two guns the safe bets? Nah, we actually have excellent reasons to believe that Tron (TRX), Ripple (XRP), and Verge (XVG) may be right candidates for us to select. Let’s see how it goes.

TRX, XRP, and XVG – What they have in common?

These three cryptocurrencies had a very notable thing in regards to their appreciation and position in the market during last year, 2017. Although this year may appear as a tough one for cryptocurrencies, this is only a true fact concerning volatility, which to say the least is an intrinsic characteristic of the market itself. But when it comes to regulations and the struggle with the FUD, most of the cryptocurrencies had difficult times last year, and that was precisely the time when TRX, XRP, and XVG were shining bright like a diamond.

The three coins managed to close the year being major cryptos in areas such as followers, partnerships, technological updates, adoption, and price; and this was maintained till February of this year when things started to crumble a little bit for the sector. So what are the cards under the sleeve for all three coins here?

What Ripple (XRP) and Tron TRX have to offer

We can all agree that Ripple has managed to obtain a lot of attention from the financial world. In fact, one could say XRP is the most primarily embraced crypto firm across the globe by financial institutions, the fact that the company has achieved with the development of its three products, xRapid, xCurrent, and xVia.

Most of the critiques that Ripple receives are centered on the fact that the company has partnered with several institutions through xVia, and xCurrent, and we all know the one that carries the XRP token is xRapid. However, even when only a few companies have embraced the liquidity solution created by Ripple labs, still the token has benefited a lot from this, making the price of the coin to gain stability and upsurges time-to-time.

As a matter of fact, the token recently received an endorsement by CNBC Fast Money that claims XRP is the crypto that has the most chances to become the next-to-be listed on Coinbase, the preferred wallet and exchange webpage of the community.

For its part, Tron (TRX) is characterized being one of the coins that (most often) tends to surprise us regarding innovation and benefits, and this without keeping into account the efforts that their CEO, Justin Sun, employs to be constantly in touch with its community.

Let’s recall that not so long ago the company managed to migrate from the Ethereum protocols successfully, and the same way, it constructed its very own blockchain, which of course, was made possible (the migration is still going on) with the collaboration of thousands of partners such as Binance.

Furthermore, Tron deployed its Super Representative Elections to build its very own self-governed community, and it was recently known that it acquired BitTorrent, a fact that has a large part of the community waiting for another announcement. Would it be this the ‘secret project’ that Sun announced? We will have to wait for Tron foundation to announce it publicly. In regards to Tron’s secret project, the announcement is going to be made in just a couple of days now.

What about XVG?

Verge (XVG) has a story a little different from XRP and TRX. In fact, the coin has been in a constant up and down ever since it was attacked and lost almost 100% of their value with the intrusion of the ‘51%’. However, it recently partnered with the cannabis company, Royal Queen Seeds, and as it seems it has surged an effect on the price of the coin that now trades at $0.02358 (went in red today with the market trend).

Conclusion

Any of this cryptos has excellent chances of shooting the sky anytime soon. Perhaps, it will be easier for Ripple (XRP) or Tron (TRX), but I’m quite confident that if Verge (XVG) manages to get an upturn, the results will be actually marvelous. So keep an eye on these tokens, they’re inevitably going to surprise us soon.

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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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Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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