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Can ZEC Gemini Listing Bring ZCash to $1000?

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ZEC Gemini
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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

3 Altcoins That Are Outperforming Bitcoin and Will Likely Face Consequences

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The crypto market is going through a period of massive recovery in the past few months, which has caused the investors’ optimism to return. While all eyes are on Bitcoin (BTC), as usual, the largest coin seems to be struggling with a major resistance level at $8,000 at the moment. While this level was breached a few times now, every breach resulted in a correction.

At the time of writing, BTC is approaching this level yet again, with its current price being at $7,985,79, and rising further. The price managed to grow by 1.06% in the last 24 hours, and will undoubtedly hit $8,000 in a matter of hours, if not sooner.

However, while Bitcoin continues to remain volatile and struggles with waves of growth and decline, there are some altcoins that are not following its path. Of course, most of them are performing in pretty much the same manner as BTC, as they always had. But, a few coins have actually managed to outperform Bitcoin in recent months.

While optimists believe that this might lead to decoupling from Bitcoin — something that only Binance Coin (BNB) managed to pull off up to this point — it is likely that there will be consequences for these cryptos. This likely means that a price drop for these specific coins awaits somewhere in the near future, as outperforming BTC…

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Altcoins

Why Binance May Be Crucial for Tron (Trx) to Reach $1

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TRON
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TRON (TRX) has been one of the most popular crypto projects in the past year. The coin has received a lot of attention from the entire crypto community, and although the impressions may differ —  the fact is that TRX is one of the most talked-about coins, even today.

However, while the project managed to achieve a lot in less than a year — launch its MainNet, start multiple massive projects, launch dozens of dApps, hundreds of smart contracts, its own DEX, new token, and more — its price remains quite low. Undoubtedly, one of the reasons for this is its massive supply. TRX circulating supply is over 66 billion coins, while the total supply is over 99 billion.

Even so, the coin is believed to be massively undervalued, with its current price sitting at $0.028129, according to TradingView. This price, together with a market cap of $1.88 billion, pushed the coin out of the list of top 10 largest cryptocurrencies, and it currently sits at 11th spot. But, many believe that this is not a permanent position for TRON. In fact, its community believes that it is only a matter of time before TRON rises through the ranks, and its price hits $1. And, the way for the coin to achieve this is believed to be through Binance.

TRON and Binance

Binance is one of the world’s…

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Altcoins

Why Tron (TRX) Price Won’t Remain Low for Long

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TRX
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TRON (TRX) has been one of the most popular cryptocurrencies in recent years. The project has achieved a tremendous amount of success in less than a year, and while the first birthday of its MainNet is approaching, TRON certainly continues to impress to this day.

With that said, its price is still noticeably low, and many would agree that the project is heavily undervalued. The low price even allowed other projects to push it out of the top 10 list, with TRX currently being the 11th largest cryptocurrency by market cap. However, it is likely that TRON will not remain undervalued forever, and that its price might soon see a surge that its entire community has been waiting for, for a long time now.

Why TRX might see growth soon

As many undoubtedly know, TRON is a lot more than just a cryptocurrency. It has developed a massive ecosystem, which offers a development platform for coins, smart contracts, and dApps. It also acquired BitTorrent last year for its Project Atlas, which will allow torrent users to earn crypto through participation in content sharing.

For this purpose, it also launched BitTorrent (BTT) token, which saw its launch on January 28, 2019 on Binance Launchpad. This was dubbed the most successful ICO in history at the time, although several coins launched since then have broken its record.

In addition,…

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