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Could Q4 be the time for TRON (TRX) to shine finally?

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Tron TRX

Regarding developments, we can all agree that TRON (TRX) is by far one of the most outstanding cryptocurrencies in the market. In fact, this year only the coin has seen some of the most significant updates such as the launch of its main net, the migration of their tokens, the creation of the Super Representative Elections, the long-desired purchase of BitTorrent, the launch of the TRON virtual Machine, the recent project Atlas, and so many others.

And that all without even keeping to account the numerous partnerships that the company established with several organizations from all around the world.

In this sense, what we all were waiting was that the coin had a skyrocket at any point and would land in a fresh and renovated position in the charts.

However, the reality has been entirely the opposite as the token passed from being a top-ten coin to now being placed in the 13th position of the lists, a situation that has had many of us feeling anxious and concerned.

So we‘ve been all wondering when the token price will reflect all of the hard work that is being put into the blockchain, or in other words, is it really going to happen that the coin matches the efforts of the company? Well, we have reasons to believe that the fourth quarter may be the time for the cryptocurrency, let’s see the main details.

Q4 and Tron (TRX)

At the time of writing TRON (TRX) has a value of 0.02263 dollars, and has decreased 3.70 percent in the last 24 hours according to coinmarketcap.

Nonetheless, as it seems, things are about to change in the coming quarter as Justin Sun is working tirelessly to increase the awareness and adoption of the coin, a move that logically, will have a repercussion as well in the price of the TRX token. The panorama appears to be good looking in the fourth quarter, and the main reasons for that are the following:

  1. Social media sentiment: When it comes to interacting with its community TRON has shown the best strategies to keep its followers really close. In this sense, every day the CEO of the company shares each and every one of the steps the company is about to make, and this has created a generalized positive sentiment among its enthusiasts.
  2. Blockchain features: Ever since TRON’s blockchain was launched the platform has been increasing its functionalities with the most exceptional features in the sector. In fact, every day the network grows concerning particular characteristics, a fact that at large, will help the token to gain mass adoption.
  3. Partnerships: TRON has never stopped building relationships with the market, and this has been a crucial piece of the puzzle that is on the making for the company. Several organizations from all around the globe support TRON right now, including famous exchanges and wallets that have helped the platform to migrate their tokens.
  4. Justin Sun’s commitment: Even though it’s only a matter of promises, we all know Justin Sun is a committed businessman that is willing to work hard in order to succeed in the industry, and he has said recently he’s committed to giving more recognition and value to the TRX token, so we can all wait for that.
  5. Dapp approach: Another important fact is that TRON has been gaining more adoption form decentralized applications, and he has even invited Dapps developers today to join Tron network and stop using Ethereum. Seeing the comparisons he made with Ethereum for developers, it looks more Decentralized applications coders might turn to Tron, which indeed might TRX value.

Conclusion

As always, we all need to agree to the fact that TRON has definitely all the tools to become the next big crypto in the market, and even further, TRON has all the necessary weapons to fulfill its mission of decentralizing the internet.

However, would this translate as in the value of the coin? Well, we all wait for that. In the meantime let us all note that the company is making the most significant efforts. So stay tuned, Q4 may be the time for a Tron (TRX) price increase.

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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. The author is long Bitcoin. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Photo by Fausto García on Unsplash

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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.

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

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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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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 been…

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