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Can ZEC Gemini Listing Bring ZCash to $1000?

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ZEC Gemini

ZEC Gemini listing may yet change things

It is every crypto’s goal to make as many big partnerships and to reach as many big exchanges as possible. Doing so means an increase in exposure, more trust for the coin, as well as much more activity. If the coin even ends up getting a few trading pairs, that’s even better. This is why ZEC Gemini listing is so important to ZCash.

In fact, many believe that the listing might help ZCash hit a $1,000 mark, which would ultimately put it among the most valuable coins on the market.

Of course, hoping for an increase that would allow any coin to reach new heights is seen as an extremely optimistic way of looking at things, even when the market is not constantly out to get every single coin. This year has left numerous cryptos in ruin, hoping that they will be able to survive until a better period arrives.

When it comes to ZCash, the coin is actually not doing so bad. In fact, it has been among the cryptos with the most stability. Its price fluctuations were minimal ever since the drop back in January. Now, the investors and holders hope to change this, and they see the ZEC Gemini listing as a way to do it.

ZCash depends on network upgrades as well

ZEC is a popular coin by itself, and the reason for this is the secure transfers that it is providing its users with. The transactions can guarantee anonymity, which has made the coin popular and wanted by many other exchanges apart from Gemini. The coin was originally listed on Gemini back in May, however, many would agree that the conditions for the coin’s rise were basically non-existent back then.

Now, the market seems to be making multiple attempts at recovery, and even though it suffered a few recent hits, it always returns to trading in the green. This might be the perfect opportunity for ZEC Gemini listing to finally pay off. While nobody expects the coin to just jump to $1,000 in a day and not drop back down over time, this is still more than a good opportunity for the coin to leave some of its rivals in the dust.

Many also agree that the hype will be over after the original price surge and that the coin’s future will depend on the future network upgrades. Whether the improvements will be enough to sustain ZCash’s new price or not — remains to be seen. For now, however, the coin is still waiting for its opportunity to skyrocket, with its current price being at $114.38. According to the CoinMarketCap, the ZEC is currently ranked as the 21st largest coin by market cap. If the price goes up, this is expected to change as well, so the potential investors might want to consider buying a few of the ZEC coins before it all happens.

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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

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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