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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

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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ICTE May Bring About Sweeping Changes for Cryptocurrency Exchanges

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Cryptocurrency has taken the world by storm during the last few years. An entirely new financial market was created almost overnight which has captured the imagination of all its participants. Cryptocurrency is even starting to attract institutional money from investment banks, hedge funds, and other proprietary trading firms. Despite the rapid growth, traders remain extremely frustrated by having to deal with the fragmented nature of centralized crypto exchanges.

A Change is Needed

When cryptocurrency first began, there weren’t many participants and the trading volume was relatively insignificant. But, over time, that has radically changed. Some tokens now have a capitalization in the billions and are being traded 24-7 by institutions all over the world. Despite the volume, significant problems exist with the current way that exchanges work. Some of those problems include the following:

  • Constant fear of hackers
  • Exchange manipulation
  • Fragmented liquidity
  • Risk of identity theft

One of the biggest issues regarding centralized exchanges is the risk of being hacked. These hack stories seem to always be circulating around the internet. While experienced traders may have the tools to avoid becoming a victim, potential new traders have zero interest in dealing with this. And it’s not just the small exchanges that are at risk. Even large exchanges, such as Mt. Gox and Binance, are subject to being hacked.

Another huge risk is having to deal with…

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SonicX and Dash Could Challenge Facebook’s Libra for Global Payments Market Share

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When Satoshi Nakamoto unveiled Bitcoin to the world, the dream was always for Bitcoin to serve as a new universal currency.  It would be free from the bureaucracy of governments.  And free from the tyranny of the old-world financial cartels.  Although the dream hasn’t yet materialized, it comes closer and closer with each passing day.

One of the biggest roadblocks for Bitcoin has been scalability.  At a speed of approximately 7 transactions per second, Bitcoin lags behind other cryptocurrencies like Ripple and global payment processors like Visa.  Many expect the lightning network to have a positive impact on Bitcoin’s TPS but until that comes to fruition, mass adoption will likely need another significant development.

Libra Currency Announcement

One development that could help pave the way toward mass adoption is the launch of the Libra currency.  Libra is expected to go live during the first half of 2020 according to Facebook’s June announcement.  According to Facebook, Libra will make sending money online cheaper and faster.  It will also have a hand in improving access to financial services, especially for the unbanked.  Given Facebook’s global reach, including many third world countries, providing financial access to the unbanked could provide a huge spark to global economies.  Additionally, it could provide the growth spark that cryptocurrency needs.

Facebook’s most popular messenger, WhatsApp, has approximately 1.5 billion monthly users.  This application is…

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