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XinFin (XDCE) surges by more than 25%, can it be next big crypto thing?

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If you’re a crypto investor, slowly but steadily you must have realized that the market is changing. Unlike in 2017 where the market was entirely booming, and an investor didn’t require any skill to make money. Back then, you could literally buy anything as long as it’s blockchain and be assured of making money.

Currently, things are different to some extent. As an investor, you need to make some informed research to make money by investing in crypto with fundamental value. Therefore, talking from that fundamental perspective, infrastructure type tokens or simply utility tokens stand a chance to be the next big story in town, XinFin (XDCE) looks to be the one. We came across this token just today and thought why not shed some light on it.

The Current State of XDCE

Even though XDCE has a short span in the market, it has achieved a lot than what many of the established public blockchains have achieved. For instance, XDCE traded 42% higher against the U.S. dollar in the past week and an astonishing 28% in the last 24 hours.

The past 24 hours has seen about $$905,489 worth of XinFin tokens being traded on exchanges. Currently, the total market cap of XDCE is $9,198,847 which implies that it’s only on the rise to the top (yes, it’s still very low, but the journey suggests the coin is growing).

The price of XDCE currently stands at $0.002382 or simply 0.00000037 BTC. Users can trade it on cryptocurrency exchanges such as Mercatox, IDEX, Bancor network, TOPBTC, and COSS. As things stand, XDCE is on the rise and has started to attract some attention, and with the momentum, it’s gaining, the common question in most people’s mouths is whether XinFin is the next giant crypto.

What Makes XinFin Better Placed

XinFin isn’t the only utility token in the market, in fact, Ethereum is one of the best in the current market and has performed exceptionally well. However, XDCE has a higher potential for future gains as it is a hybrid blockchain when compared to Ethereum which is public.

It looks to be a much better option for large corporations that look to develop applications on the blockchain, all thanks to its hybrid blockchain which makes data security securer. It helps the corporations to mast those transactions with confidential information as well as allowing them to be verified on a public blockchain.

XDCE is making significant moves that are attracting several exchange listings. This will only make the coin move into the big league of cryptocurrencies. Undoubtedly, there are only a few cryptos that match XDCE’s fundamentals in the current market, and as we can observe the surge of XinFin by 25% in the past day, it seems like XDCE is after nothing but only the top spot.

Since the cryptocurrency stands at 372 concerning market cap, many would laugh at the idea that it can even make it to top 50 anytime soon. But it can. Fair to say it’s currently undervalued with all the partnerships already gained and the adoption rate it’s seen so far.

As things stand, it’s probably a matter of time before XDCE takes the bragging rights in the crypto market. As like anything in crypto, we are not certain as yet that it’d be the next big thing here but considering its recent strides, the crypto is at least worth keeping an eye on.

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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.

Image courtesy of Claudia14/PixaBay

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Is Ethereum Still Searching For Its Bottom?

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The crypto space has mostly been seeing drops in value during the last 30 days, and it was clear that the bear market of 2018 still has enough energy to cause further damage in this year as well. Most coins occasionally felt a slight growth, although it was not big enough to spark a real rally and shake off the bears.

When it comes to Ethereum, the coin has been dropping continuously since January 10th. ETH experienced high volatility ever since it broke down a $180 support on November 14th, 2018. A small rally starting on December 15th started taking ETH back up, although the highest it managed to reach since then was $159.58 on January 6th, 2019. Since then, the coin’s price entered another free fall, although it never dropped below $100 since then.

The coin seemingly found some stability in the final days of January, when it was trading at around $119, although another drop followed in the first days of February, and Ethereum nearly dropped to $100 on February 6th.

Chart courtesy of TradingView

However, February 8th brought a new surge which affected the entire crypto market, bringing the coin’s price back to $144.15, which is its price according to TradingView at the time of writing. The new surge exceeded 11% in the…

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Last Week’s Top 3 Most Significant Crypto Events

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The crypto space never sleeps, and there is always something going on. Every day, there is some interesting event worth mentioning, some of which may even have significant consequences on the entire crypto space. With that in mind, here are the top three crypto events related to the crypto space that occurred in the previous week, and which may have impacted the world of digital currencies in one way or another.

1) A crypto Whale moves a large portion of XRP

Many have probably already heard the term “Crypto Whale,” as it is quite common to find discussions mentioning them and their activities. The term is a name used for coin holders which tend to buy, sell, or move massive amounts of digital currencies. These are usually professional investors with large funding who can impact the crypto market in any way they please, and make the prices rise or fall depending on their calculated business decisions.

They are called Whales because of the large amounts they move, which usually have a pretty big impact on the market. And, since they are so influential, there are many in the crypto space that have made it their mission to follow the activities of known Whales, and base their business decisions regarding the Whales’ movement.

One example is the Twitter account known as Whale Alert, which has around 50,000 followers. This…

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TRON Ecosystem New Addition — CryptoDungeons

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CryptoDungeons
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According to the recent Medium post published by TRON Arcade, a blockchain-based RPG called CryptoDungeons is to become the latest hit on the TRON blockchain.

The announcement was published on February 8th, and it states that the CryptoDungeons TRON game is still in development. However, the team is preparing to announce a presale soon, meaning that the official launch is not far away.

About CryptoDungeons

CryptoDungeons was originally developed to be a part of Ethereum’s network. However, the team has decided to bring it to TRON instead. Soon enough, the fans of the game will be able to experience its story, universe, and characters on TRON blockchain.

The game is centered around Heroes who can be bought and used for exploring dungeons, crafting various items, gathering food, and alike. The game also offers five races for players to choose from — Humans, Elves Dwarves, Orcs, and Angels. Additionally, there will also be four classes, including Warriors, Mages, Rogues, and Priests. Each class will have its own unique abilities, with the Warrior class being presented as an example. The abilities that this class features include Strike, Heavy Strike, Shield Wall, Shield Slam,…

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