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Why Ripple XRP Can Reach $1 Sooner Than You Think




Ever since Bitcoin (BTC) and Ethereum (ETH) appeared and established dominance, the majority of altcoins have struggled for bare survival. The conditions were rarely crypto-friendly, especially in the previous few years, when cryptos were still unknown and largely mistrusted.

The crypto market was in chaos, and every crypto tried its best to stay relevant. Some of them managed to do it, others did not, and have disappeared, or have sunk into the depths of the market cap lists, never to be seen (on significant positions) again. This chaotic environment was still very much present when Ripple (XRP) first appeared, and yet, this crypto managed to land the third spot on CoinMarketCap’s list and has stayed there ever since.

This is quite an achievement, especially since Ripple managed to hold this position throughout the entire over half a year-long bearish market. However, many have started to wonder if Ripple can ever reach its glory days?

Back in January, when the crypto prices were still at their highest, Ripple almost reached a $4 mark. However, soon after that, the prices dropped, and Ripple fell below $1. Even right now, the coin’s price is only at $0.439016. Still, this doesn’t mean that Ripple has given up, and the crypto continues to make progress in preparation for a new price surge.

New price increases more than possible

Only a few short weeks ago, Bitcoin (BTC) led another spike in crypto prices, going up by $2,000 in only 2 days, and climbing back to $8,200. It did not last for long, but many believe that other crypto events disrupted its price increase. Despite the fact that the bull run has ended, at least for now, many have taken the fact that it happened as an indicator that the market is finally ready for a serious period of recovery.

If true, then August might bring a new, even more-serious bull run. If that comes to pass, then Ripple will definitely be among the coins that will benefit the most from the change. As mentioned already, Ripple did not spend the previous six months sitting around doing nothing. Instead, its team has been working hard on creating new products, improving the old ones, and entering numerous partnerships with large financial institutions.

Ripple has become known as a go-to crypto for banks that wish to give cryptos a chance, but also to those that simply wish to remain relevant. The technology behind handling money is changing, and those financial institutions that have decided to accept this fact have turned to Ripple for aid. Of course, Ripple delivered, and thus ensured itself a future in the financial industry, no matter what happens with the majority of the crypto world.

With all these improvements, new partnerships, and Ripple’s former performance, the coin has very good chances to hit $1 as soon as the market allows it. All that is needed now is another positive event that will spark another bull run, and many cryptos, Ripple included, might even reach their record prices.

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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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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange



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

Xeno Holdings Limited ( ), 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 ( ), 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.

NFTs are already being actively traded in markets globally. For…

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Should Crypto Projects Devote Resources to Community Growth and Marketing?



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



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

The XENO NFT Hub ( 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 been…

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