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TRON vs Stellar: Which Will Score Over the Other

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TRON vs Stellar

In modern days, people are more interested in moving towards the digital eco-system.  From, monetary transactions to financial investment, all are going paperless. The most promising addition to the digital payment sector is the cryptocurrency which is considered as a medium of exchange like other normal currencies.  Bitcoin was the first decentralized cryptocurrency and it was first introduced in 2009. Recently, the reputed technology companies and the major banks have started investing their money in the promising cryptocurrencies like Bitcoin and Ethereum.

Recently, Tron and Steller are in the news and it’s the most exciting times for the investors who are thinking of investing in both TRON (TRX) and Stellar (XLM). According to the cryptocurrency market analyzer, the future of these two coins seems brighter. Although, this is the good news for the investors who have both Tron and Stellar coins on their portfolio the current picture gives a slightly different outlook.  The value of the native currencies plays a pivotal role when we put a comparison between the two coins. Thus it would be wise if we focus on the cryptocurrency market outlook for 2018so that it will prove beneficial for the cryptocurrency investors who are looking forward to Q2.

Stellar vs. TRON: The Major Differences

TRON is a decentralized platform that uses blockchain technology. This coin is popular among the cryptocurrency investors it provides the secure infrastructure that is necessary for sharing the entertainment contents. TRON aims to become the top platform in the entertainment ecosystem. Its partnership with BitGuild is thus become a major news in the Cryptocurrency market. TRON provides users the opportunity to securely publish data, store and own data without the help of any intermediaries. With the notion of a decentralized entertainment concept, the team behind the coin ensures that it remains in the top in Q1 and will continue it in Q2. The cryptocurrency market analyzers expect the TRON (TRX) coin burn on the 31st March. A few days ago, TRON, founded by Justin Sun, topped the trading charts on Koinex, a cryptocurrency exchange in India. The current traction is generally the best for the investors to get involved.

On the other hand, Stellar is an open –source cryptocurrency that basically offers a platform for distributed cross-border payments. This block-chain based product aims to connect the individual and their payment systems. The coin founded by Jed McCaleb focuses to involve blockchain technology in the banking system. Thus, they offer faster and cheaper network transaction through the XLM coin. One of its biggest partnerships is with the IBM blockchain, one of the major tech firms.

Stellar outshines TRON in H2H chart

Stellar ranks 8th on the coinmarketcap.com with a market cap around $ 4.4 billion and a total supply of 103 billion Lumens, whereas, TRON, that ranks 12th has the market cap value around $2.9 billion with a total supply of approximately 100 billion TRX. Here, Stellar appears to be more profitable while TRX has seen a downtrend as it loses 5.03% against the US dollar. Stellar, on the other hand, has seen a surge rising 5.27% against the USD and 6.05% against BTC. As of 28th March, 2018 Stellar traded at $0.220157, its 24h trading volume $ 30,921,600 whereas TRON traded at $0.044806 against 24h trading volume of $262,732,000.

XLM vs. TRX: the Coin You Should Prefer

According to the Cryptocurrency expert predictions, Stellar has the brighter future compared to the TRON. However, XLM may face some serious competition from cross-border payment platforms and Smart Contracts. The two things generally strengthen the future of Stellar its partnership with IBM Blockchain and the expected Lightning Network upgrade. Another important factor is that IBM is already using Stellar Lumens and there is much more coming out in Q2, 2018. The biggest news is that Central Bank Digital Currency (CBDC) will soon be launched on the coin Stellar. Stellar Lumens are used as the primary currency that builds a strong bridge between IBM clients and its UPS or Universal Payment Solution.  Thus, there is a huge possibility that Stellar can reach the highs of $ 1 by Q4 2018. The best option is you should buy them now and hold it for the future.

On the other hand, TRON has an exciting future ahead and the upsurge may be seen from the beginning of Q3 2018. At this moment it is under some heavy pressure because of the price of BTC stalling. However, the investors can anticipate a spike in buying because of the high 24h trading volumes. Thus, it is certainly an ideal time to buy TRON as it seems to have a huge possibility in near future.  According to the future predictions made by the experts, TRON could reach a high of $0.5 by the end of 2018. This prediction actually depends on the success rate of the testnet and the Main-net that will come forward from 31st May 2018. A bullish run may possible after these two major events. The success of BitGuild partnership will also play a crucial role for TRON. The dates between April and June seem to be an interesting period for TRON coin holders.

We will be updating our subscribers as soon as we know more. For the latest on TRX and XLM, sign up below!

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 Stewart Baird via Flickr

Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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

Xeno Holdings Limited (xno.live ), 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 (market.xno.live ), 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…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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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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Altcoins

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

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

The XENO NFT Hub (https://xno.live) 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…

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