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TRON vs EOS: Which One Is Better?

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TRON vs EOS
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The crypto market has grown larger than anyone would have believed it would back in its early days. There are thousands of cryptocurrencies today, ready to tackle the difficulties of a financial world and help change it for the better. Among them, there are often those that are rather similar in terms of service, features, goals, technology, and alike.

While this is a good thing for cryptocurrencies as a whole, it can often pose a problem for new investors who have yet to formulate their opinion on all these different coins. The investors cannot invest in all of them, and the best way for them to go about it is to choose one, or maybe even a few coins to dedicate to.

However, even if they choose to play it safe and only go after top coins, there are still a lot of them that are similar in some aspects. TRON vs EOS is one such dilemma, and we hope to help you understand them better, and make your choice a bit easier.

TRON vs EOS

While different in a lot of other aspects, both TRON (TRX) and Eos (EOS) aim to achieve a single goal — decentralized web. They even use some quite similar tools to achieve this. They share a number of other similarities as well, like the fact that both of them started off on Ethereum’s network, as ERC-20 tokens.

Both of them managed to successfully launch their own MainNets, and transfer their tokens to their respective blockchains. In truth, TRON performed this task slightly better than EOS. EOS has had to face a lot of criticism for experiencing several big bugs and glitches almost right after launching the MainNet, while TRON’s MainNet launch went on without any problems.

Many would argue that TRON’s platform is also more user-friendly. Starting off on TRON is as simple as making an account, picking the username, and that’s it. EOS, on the other hand, has numerous processes and technical issues that need to be tackled first. This is bothersome even for the most experienced investors, and can even discourage newcomers to the crypto world.

When it comes to the communities, both of them are quite active and supportive, convinced that their preferred coin is the one that will dominate the markets of the future. As for the earning possibilities, TRON might be taking the lead again, as it is possible to use its Super Representatives as a voting system. Voting is beneficial to users since they can earn rewards for their participation in the network. As such, it can be quite profitable.

TRON has also been more vocal regarding its activities, a new partnership or project announcements, and it achieved some pretty large deals in the last few months. While its final goal is decentralized web, it also set a goal of revolutionizing the entertainment industry. EOS, on the other hand, has a goal that is a bit easier to understand and possibly achieve, which is replacing Ethereum. EOS is not only aiming as taking over as the second largest coin, but it also wants to dominate in the smart contracts and dApp creation.

Many agree that ETH’s technology has hit a dead end, and that EOS is faster, cheaper, better, and still has a possibility of further development. Even so, the fact is that ETH still holds its position quite firmly.

Final verdict

In the end, TRON vs EOS dilemma is a difficult one to solve, not only because both coins are more than just good, but also because both of them are still in development. We can even say that they can be considered equals in some areas, while one is better than the other in some other aspects. In the end, the differences in their goals are not making them such direct competitors, and the final choice eventually falls to the investors themselves. The best way to go about it is to study both coins in depth and decide for yourself which one agrees with you more.

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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

3 Altcoins That Are Outperforming Bitcoin and Will Likely Face Consequences

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The crypto market is going through a period of massive recovery in the past few months, which has caused the investors’ optimism to return. While all eyes are on Bitcoin (BTC), as usual, the largest coin seems to be struggling with a major resistance level at $8,000 at the moment. While this level was breached a few times now, every breach resulted in a correction.

At the time of writing, BTC is approaching this level yet again, with its current price being at $7,985,79, and rising further. The price managed to grow by 1.06% in the last 24 hours, and will undoubtedly hit $8,000 in a matter of hours, if not sooner.

However, while Bitcoin continues to remain volatile and struggles with waves of growth and decline, there are some altcoins that are not following its path. Of course, most of them are performing in pretty much the same manner as BTC, as they always had. But, a few coins have actually managed to outperform Bitcoin in recent months.

While optimists believe that this might lead to decoupling from Bitcoin — something that only Binance Coin (BNB) managed to pull off up to this point — it is likely that there will be consequences for these cryptos. This likely means that a price drop for these specific coins awaits somewhere in the near future, as outperforming BTC…

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Why Binance May Be Crucial for Tron (Trx) to Reach $1

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TRON
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TRON (TRX) has been one of the most popular crypto projects in the past year. The coin has received a lot of attention from the entire crypto community, and although the impressions may differ —  the fact is that TRX is one of the most talked-about coins, even today.

However, while the project managed to achieve a lot in less than a year — launch its MainNet, start multiple massive projects, launch dozens of dApps, hundreds of smart contracts, its own DEX, new token, and more — its price remains quite low. Undoubtedly, one of the reasons for this is its massive supply. TRX circulating supply is over 66 billion coins, while the total supply is over 99 billion.

Even so, the coin is believed to be massively undervalued, with its current price sitting at $0.028129, according to TradingView. This price, together with a market cap of $1.88 billion, pushed the coin out of the list of top 10 largest cryptocurrencies, and it currently sits at 11th spot. But, many believe that this is not a permanent position for TRON. In fact, its community believes that it is only a matter of time before TRON rises through the ranks, and its price hits $1. And, the way for the coin to achieve this is believed to be through Binance.

TRON and Binance

Binance is one of the world’s…

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Why Tron (TRX) Price Won’t Remain Low for Long

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TRX
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TRON (TRX) has been one of the most popular cryptocurrencies in recent years. The project has achieved a tremendous amount of success in less than a year, and while the first birthday of its MainNet is approaching, TRON certainly continues to impress to this day.

With that said, its price is still noticeably low, and many would agree that the project is heavily undervalued. The low price even allowed other projects to push it out of the top 10 list, with TRX currently being the 11th largest cryptocurrency by market cap. However, it is likely that TRON will not remain undervalued forever, and that its price might soon see a surge that its entire community has been waiting for, for a long time now.

Why TRX might see growth soon

As many undoubtedly know, TRON is a lot more than just a cryptocurrency. It has developed a massive ecosystem, which offers a development platform for coins, smart contracts, and dApps. It also acquired BitTorrent last year for its Project Atlas, which will allow torrent users to earn crypto through participation in content sharing.

For this purpose, it also launched BitTorrent (BTT) token, which saw its launch on January 28, 2019 on Binance Launchpad. This was dubbed the most successful ICO in history at the time, although several coins launched since then have broken its record.

In addition,…

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