Connect with us

Blogs

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

Published

on

Tron Verge XRP

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.

For the latest cryptocurrency news, join our Telegram!

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

Altcoins

DeFi Wizard Raises $750k from Blockchain Investment Bigshots, to Simplify Multi-chain DeFi Legos

Published

on

Bengaluru,, India, 24th February, 2021, // ChainWire //

In order to give shape to their ‘one-click DeFi contracts creation’ dream, Defi Wizard has raised a total of $750,000 from X21 Digital, AU21 Capital, Amsterdam-based TRG Capital, DeltaHub Capital, NGC Ventures, and ExNetwork.

Speaking on latest development Defi wizard founder and CEO, Anand Kamath said: 

“It gives us immense pleasure to announce that our platform, DeFi Wizard has attracted the attention of leading blockchain investors and funds.”

DeFi Wizard aims to help cryptocurrency companies and businesses seamlessly create digital assets, without any hassles, with the objective of becoming an all-in-one token creation platform. 

Investment Usage

This recently concluded fundraising round is an important milestone for Defi Wizard. It will fuel the development of the platform along with operations/maintenance.

Other ways in which Defi wizard will receive assistance is with liquidity bootstrapping for Uniswap listing, alongwith added global and regional promotional efforts to generate awareness for the platform. 

About Defi Wizard

Defi wizard is a dashboard for building DeFi (decentralized finance) smart contracts with a few clicks. It offers real-time programmer analytics and allows users to create smart contracts for ERC20 / BEP20 / EDST, staking, yield farming, governance, cross-chain bridge, gasless relayer baked in.

As per the latest statistics, more than five projects are already using DeFi Wizard’s staking services and more than $100M AUM has been locked through the smart contracts generated through the…

Continue Reading

Altcoins

99Bitcoins takes over the “Dead Coins” project to become the cryptocurrency undertaker

Published

on

Singapore, Singapore, 17th February, 2021, // ChainWire //

99Bitcoins, an educational website that maintains a list of Bitcoin obituaries made by the media, has taken over the Dead Coins project as well. This move effectively crowns 99Bitcoins as “The undertaker of the cryptoverse”.

Deadcoins.com was established in late 2017 to document the death of thousands of altcoins that popped up during the cryptocurrency mania of that time. The idea was simple – create a list of coins that have ceased to exist after the hype died down.

A coin can become “dead” due to a variety of reasons such as its development being halted, having no one that uses or trades it, being exposed as a scam and more. While the project was initially maintained only by its founders, it was later outsourced to the cryptocurrency community which was allowed to add their own dead coins.

“I think the dead coins project is a brilliant idea that needs a bit of polishing” says Ofir Beigel, owner and founder of 99Bitcoins. “The fact that anyone can add a dead coin themselves made the list of coins very inaccurate. We’ve spent days going through the complete list and sifted out all of the coins that were buried alive, so to speak. For example, Bitcoin, Tron, Dogecoin and Tether are just some of the coins that were listed when we took…

Continue Reading

Altcoins

99Bitcoins takes over the “Dead Coins” project to become the cryptocurrency undertaker

Published

on

Singapore, Singapore, 17th February, 2021, // ChainWire //

99Bitcoins, an educational website that maintains a list of Bitcoin obituaries made by the media, has taken over the Dead Coins project as well. This move effectively crowns 99Bitcoins as “The undertaker of the cryptoverse”.

Deadcoins.com was established in late 2017 to document the death of thousands of altcoins that popped up during the cryptocurrency mania of that time. The idea was simple – create a list of coins that have ceased to exist after the hype died down.

A coin can become “dead” due to a variety of reasons such as its development being halted, having no one that uses or trades it, being exposed as a scam and more. While the project was initially maintained only by its founders, it was later outsourced to the cryptocurrency community which was allowed to add their own dead coins.

“I think the dead coins project is a brilliant idea that needs a bit of polishing” says Ofir Beigel, owner and founder of 99Bitcoins. “The fact that anyone can add a dead coin themselves made the list of coins very inaccurate. We’ve spent days going through the complete list and sifted out all of the coins that were buried alive, so to speak. For example, Bitcoin, Tron, Dogecoin and Tether are just some of the coins that were listed when we took…

Continue Reading

Press Release