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What to Expect From TRON In 2019

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Tron in 2019
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As 2018 gets closer to its end, the so-called crypto winter continues, and many of the leading coins have lost a lot in terms of value and size. While there are those who believe that these coins will simply bounce back like many times before, there are others, who claim that the time has come for a new generation to take over the position of leading cryptocurrencies.

While there are many coins that show potential to actually take over, TRON in 2019 is one of those that are most likely to do so. Naturally, TRON itself also has supporters and non-believers, those who claim that it will bring forth web 3.0 and those that say that it is all just hype and clever marketing.

Looking at the evidence, it is more than possible that TRON will actually be among top coins of the third generation of crypto, if not its representative, just like Ethereum was for the second generation and Bitcoin for the first.

TRON in 2018

Like all coins, TRON has lost a lot of its value in January 2018 after the market crashed, and like every other crypto, it has yet to recover from this event. At the time of writing, its price is at $0.016643, while the coin itself holds the 11th position on CoinMarketCap’s list of largest cryptos.

Throughout the year, TRON has been announcing partnerships, new listings, projects such as its TestNet, MainNet, token swap, token burns, Representatives election, the purchase of BitTorrent, and finally, Project Atlas. While all of this only happened in a span of several months, this is only the tip of the iceberg of what has been going on for TRON throughout 2018.

Following the launch of its MainNet, the TRON ecosystem started to grow thanks to various dApps. Many of them are in development, with a few already being out. Many speculated that TRON might join projects such as EOS or NEO in attempting to overthrow Ethereum. However, TRON never had such plans. Its goal was, and is, decentralizing the network, and revolutionizing entertainment industry.

TRON in 2019

As 2019 approaches, the crypto market is in a bad shape. While there are all kinds of opinions regarding the future of crypto, the entire community still believes in some kind of a future and is interested in discovering what it might hold. Right now, TRON’s blockchain is making steps towards becoming a cryptographic asset platform, with numerous ambitious projects in the pipeline.

We have already mentioned project Atlas, undoubtedly the most exciting of all known plans that TRON is working on. It includes BitTorrent, which TRON obtained in June 2018. While only a small portion of BitTorrent users will actually interact with TRON in any way, it is still expected that a lot of new users will enter the ecosystem this way.

The project’s primary feature seems to be TRX rewards for seeding. Seeding is a process that happens after a file is downloaded by users. Users can choose to host said file and allow others to transfer data between each other. While there are many that were doing this already out of the sense of community, there are also many that chose not to do it. Now, thanks to TRX rewards, they might reconsider doing it once more.

What BitTorrent does is similar to what TRON aspires to become, and obtaining it was a big step in the right direction for TRON. BitTorrent also already started accepting BTC, TRX, and even BNB as payments for premium services. This has happened yesterday, on November 28th, and TRX is still growing by 32% at the time of writing, as a consequence.

Another use case of TRON is for paying a monthly membership on Pornhub. Most TRX tokens are used for the coin’s dApps, or in trading.

For now, TRON is expected to continue developing its projects, with a special focus on project Atlas, throughout 2019. As mentioned earlier, its ecosystem is getting more and more dApps, and experts believe that the real production of decentralized applications will start next year. As a result, the coin will get much more attention, and will likely experience a significant price surge.

Whether or not it will lead a bull run, or just participate in one, remains to be seen. However, many are optimistic regarding TRON’s future, its projects, and especially its token.

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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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