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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

Top 3 Cryptos to Serve as an Alternative to Bitcoin

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cryptos
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The crypto market continues to struggle on its way of reaching mass adoption, with most people focusing on Bitcoin. However, Bitcoin still has its fair share of problems, a few of which are quite challenging, with no guarantee that they will ever be fully solved.

While Bitcoin is, and has been the largest cryptocurrency from the moment it was created, there is no guarantee that it will remain at the number one spot forever. While this is mostly what skeptics tend to say, it is still a possibility that cannot be ignored. With that in mind, here are top 3 cryptos that might serve as an alternative to Bitcoin in the future, or maybe even now, considering how high its fees are, and how long its waiting periods tend to be.

1. XRP

XRP has become known as a ‘remittance coin’ due to its goal of providing better, faster, and cheaper international transactions. It was created by a company called Ripple Labs, and so far, it has been one of the best ways for sending money cross-border. It works in combination with Ripple’s products such as xRapid, fueling it and allowing for near-instant transactions at low fees.

The company has decided to offer its products to banks around the world, and most of the financial institutions decided to accept the offer. This is their way of trying to…

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Why HODLing XRP, BAT, and EOS is a Smart Idea

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HODLing
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The crypto market continues to grow, even though the prices of its many coins were severely damaged during the so-called ‘crypto winter’ of 2018. Even so, the market has grown a lot, and it currently features over 2,100 digital currencies, all parts of their own projects, with a goal of making an impact and entering the mainstream.

Of course, it goes without saying that not a lot of these coins have real potential. Many of them came to be during the ICO craze of 2017 and early 2018 when investors were willing to buy just about any coin. As a result, new startups emerged, each offering its own cryptocurrency. Most of these coins are believed to be bad projects with no future, with only a matter of time before they are declared ‘dead.’

However, there are several coins out there which are worthy of investing in, as well as HODLing on to them. Three such coins that we will focus on today are XRP, Basic Attention Token (BAT), and EOS.

XRP

Let’s start with XRP. This is a coin created by a company called Ripple Labs. As a result, the coin has a strong connection to the company, which many have taken as proof that it is not a real cryptocurrency, that it is centralized, and that it will eventually fade away as a bad project.…

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Why XRP is Worth Much Less than What Fans Expect

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XRP
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The crypto world is currently facing an uncertain situation as a result of XRP value. Many fans of the digital currency are arguing that the worth should be higher than what it now. A poll taken by Twitter this year showed that 80% of the participants want XRP to be higher than Ethereum. The participant preferred the digital currency to occupy the second largest position against what experts thought. Since XRP has not offered much to improve its reputation, the participant’s reaction was surprising indeed.

From what we have seen so far, one question to ask is, why does the cryptocurrency have many supporters? The simple answer is that Ripple focuses on offering remittance services to its fans more than other digital currency. The company offers many products of which one known as xRapid a cross-border payment service impress many supporters.

Why Fans expect an increase in value

Weiss Ratings did not hide the fact that their agency is not supporting Ripple. However, they admitted that the global payment platforms which the cryptocurrency created are commendable. This commendation proves that Ripple has been impactful in that area of blockchain tech application. Also, the players in the community have seen these achievements as well. Therefore, it is not a surprise that they expect an improvement in the market cap and price of XRP

Many people have raised arguments…

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