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Verge XVG – Developers’ Insight into Verge

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Verge XVG
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Verge XVG is a digital currency specially designed to be used in everyday life. It was inspired by Bitcoin blockchain technology, but it also brought massive improvements upon it. The coin’s true goal is to actually fulfill the purpose that crypto and blockchain technologies were originally created for. Through the use of Verge XVG, both businesses and individuals can achieve efficient, fast, and completely decentralized transactions.

In addition, the coin is also capable of protecting users’ privacy. To better explain Verge, its developers have answered several questions in order to help new investors get better acquainted with the coin and its goals.

1) What problems is Verge XVG focusing on?

As many are already aware of, there are numerous real-world problems that cryptocurrencies can help provide solutions to. Verge has set up a goal of empowering people around the world, by providing them with an easy way of making transactions via blockchain technology. Not only does Verge allow its users to engage in direct transactions, but it also allows them to do it efficiently, quickly, and privately.

To achieve this, Verge is using numerous networks with a focus on anonymity, such as I2P, and TOR. That way, it can completely protect the IP addresses of its users. Even its Core QT wallet has an SSL encryption and TOR integration in order to add extra security levels to it.

2) What opportunities do the coin holders get?

Verge already has numerous use cases, and its users can pay for goods and services from over 120 vendors around the world. While the coin itself has lost a significant amount of value during this year’s bear market, there is nothing that will stop it from reclaiming it when the market situation improves. Not only that, but the project itself has quite a value to it, so possessing XVG coins will certainly pay off in the long run.

Verge manages to remain a public blockchain that focuses on anonymity and privacy, which makes it especially attractive to those who wish to keep their business dealings private.

3) How to join Verge community?

Verge has a strong presence on numerous social media platforms, such as Twitter, Facebook, Telegram, and Discord. Users can reach out to the project’s core team members at any time, and provide support, ask questions, or report a problem. The team is responsive and active, and they love even simple idea discussions. Not to mention that the project is open-source, so skillful developers can even provide assistance via Github.

4) The best way to get Verge coins?

There are numerous exchanges that a new coin supporter can use to buy Verge, and that includes centralized and decentralized exchanges alike. The most convenient way would be the purchase of XVG via credit card, or to exchange any other coin for it. XVG enthusiasts can do it quickly, and without the need on registration on changehero.io.

5) What awaits Verge in the future?

As mentioned, the price of Verge is currently not at its peak. However, the team behind the coin believes that this is not permanent and that the value will increase as the coin becomes more adopted. The next few months will also see numerous development improvements that the team is currently still working on.

For now, Verge XVG serves as a payment method for over 120 vendors, and the team wishes to increase their number. That way, they will provide coin holders with an easy way to spend their coins, but they also wish to provide them with an even easier method to buy new XVG tokens. The first step towards achieving this goal is the collaboration with changehero.io. However, as always, the team wishes to improve things further, and they work tirelessly to do 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.

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Altcoins

3 Altcoins That Are Outperforming Bitcoin and Will Likely Face Consequences

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altcoins
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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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Altcoins

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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Altcoins

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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