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TRON (TRX) – You Should Not Give Up on it, and Here is Why




Ever since the end of last year, when cryptocurrencies reached an insane height in their value, things have seemed to go downhill for them. The prices dropped, and panic started to spread, which caused a lot of investors to consider whether or not they should give up on cryptos. One currency in particular – TRON (TRX) – seemed to have suffered a lot from this. However, many have started to wonder if the situation is truly as bad as it seems.

Is TRON really in trouble?

For those who might not know, TRON (TRX) is a decentralized ledger protocol. It was made on blockchain tech, and its goal is to create a stable framework that will help with the content distribution on a global level.

Since the start of 2018, it lost a lot when it comes to value, with its price going from $0.30 to $0.03. According to the CoinMarketCap, at the time of writing, its value went up to $0.08. However, this does not mean that the team behind TRON has given up. In fact, they are working hard to prepare and launch this crypto’s MainNet, which is expected by many to become a complete game-changer for this currency.

TRON’s journey of recovery started almost immediately after the price drop that affected all cryptos. There were a lot of scheduled events, including the Coin Burn, MainNet’s Beta launch, as well as the network’s full launch. Instead of rushing into it in order to save what it can, TRON decided to take things slowly and do the job right. Just recently, they also released an Odyssey update.

There were many who claimed that the team behind TRON is incompetent, but the actions like this seem to indicate quite the opposite. TRON’s team includes some of the best and the brightest in the blockchain industry, and let’s not forget that they are led by Justin Sun, who seems to never sleep. There were even claims that Sun is trying to trick his investors and cash out, which would have definitely allowed him to spend the rest of his life quite comfortably. Instead, he keeps tweeting updates about the project, which means that both he and his team are still working hard.

What does Justin Sun think?

According to his tweets, Sun sees TRON as one of the most usable cryptos available. This will increase even more once the MainNet is finally released. It will bring so many improvements, that his claims might prove more than valid.

Some of the features include things like nonexistent fees for the TRX consumers. According to expectations, the fees might only consist of a fraction of a USD. And, let’s not forget the scalability, which is expected to become the word most associated with cryptos by the end of the year, according to some.

The truth of the matter is that the platform will bring a huge difference when it comes to TRON. There were a lot of negative reactions to it, but that can only be expected, considering how big and strong this crypto can become once the MainNet goes live. Every other large brand has as many “enemies” as it does supporters. Justin Sun’s vision for TRON can lead it to greatness, and the team keeps getting new partnerships, which is not something they would be able to achieve if there was no future for TRON.

Because of this, you should stick to your TRX tokens for a while longer, and see if TRON can fulfill its potential, and rise up to conquer the challenges set before it.

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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.

Image courtesy of Sean O’Brien via Flickr


XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange



Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited ( ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub ( ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful trading…

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Should Crypto Projects Devote Resources to Community Growth and Marketing?



2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata



Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub ( will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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