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TRON (TRX) in the oversold zone: What’s its expected long-term price growth?
We’ve reasons to believe Tron (TRX) is way better than EOS, here they’re
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TRON (TRX) in the oversold zone: What’s its expected long-term price growth? Antshares Coin Exchange
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We’ve reasons to believe Tron (TRX) is way better than EOS, here they’re
With the many existing cryptos in the market (more than 1,600), it is quite often that we find ourselves comparing certain coins only to realize that they’re pretty much the same thing. Now, that’s actually something not to be alarmed for. Why? Because, considering the fact that many of the cryptos out there have been conceived as a crypto that will attack somehow the niche of other but in a better way, or in other words, these days many cryptos are created by deploying forks, an incredibly popular activity in the cryptosphere.
In this sense, two of the coins that have been compared a lot are
, and this is mainly because, as it seems, both cryptos try to attack the same issue, the decentralization of the internet; and to do this, they use as well strategies and tools that look very similar one to another.
However, are these coins really related at the end of the day? Let’s see the main facts that can help us differentiate both cryptocurrencies and figure out which might be the better option among two for investment.
In terms of friendliness, Tron’s platform is way better than the one of EOS (Tron’s Main Net didn’t disappoint Antshares Coin Exchange
either). In fact, creating an account, picking a username, and starting trading are one of the easiest things for a Tron user to do, it would only take minutes, and to say the least, the reality of EOS in this is completely different. The main issue in the EOS platform is the technicality, the platform uses a lot of technical names and processes that for sure are unknown for a regular enthusiast of the crypto world. So a way to go, Tron, you scored.
We all love to obtain a profit from our investments in crypto, and this is something
is very aware of. Through the Super Representatives voting users have the chance to vote and obtain a profit, and the conditions are quite simple, the more you vote, the more you get, the more TRX you have, the more you obtain… Simple.
One of the things that have collaborated the most with the stability of the TRX token is that Tron has managed to build a community that fully believes in and supports the crypto. In this sense, the CEO of the company,
, has played a major role in this while constantly interacting with the community through its Twitter account, a place where he normally shares all of the updates, partnerships, and developments that the company manages to accomplish. In hard times such as the ones experienced these days with the market going up and down, Tron’s community has played a crucial role, partnerships Antshares Coin Exchange
Despite the similarities, it is clear that out of the two
is the one that has the biggest advantages. In fact, the crypto presents itself as the one with probably the largest community, the greatest strategies, and the more polished platform. So a way to go, Tron, and EOS, you have to do a number of things in a better way.
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 thorough research before investing in any cryptocurrency and read our full
TRON (TRX) in the oversold zone: What’s its expected long-term price growth?
3 days to go for Tron (TRX) Virtual Machine launch: What you need to know
Stellar (XLM) may take over the Ripple’s XRP place in the market dominance
These Stellar (XLM) projects have the potential to revolutionize the cryptoverse
is the 6th largest cryptocurrency of the market with a price per token of $0.22, a market capitalization of $4,303,737,475, and an increase of 4.91% in the last 24 hours.
Without a doubt, Stellar represents one of the top cryptos, and that let us assume that both the strategies and projects that the company deploys are quite good in terms of usability and benefits for the community in general terms.
As a matter of fact, Stellar (XLM) has become one of the preferred platforms when it comes to launching a project in the blockchain, and the same way, it has accomplished to create the most revolutionary projects in order to make 2018 the best year for the crypto.
Let’s see all of the details behind each one of the initiatives that the company has created.
Stellar has managed to partner with the technology giant
, and it was known that both companies are working hand-in-hand in order to improve the payment systems of IBM.
This results particularly exciting considering the fact that IBM has partnered as well with several banks and financial institutions, even including central banks and federal institutions. So just with the existence of the collaboration, many opportunities open up for both crypto and fiat sectors.
is another cryptocurrency project that was created through the alliance between IBM and Stellar, the project was actually born with the intention of reducing the impact of carbon emissions in the atmosphere.
The idea was beyond innovative because the project seeks to incorporate
(the native token) into carbon, gas, and oil trading platforms to automate the whole process of counter-attacking the emissions of carbon in these trades.
is a decentralized exchange project that is backed by the Stellar lumens. In fact, this has been one of the main critiques that the project has received so far, considering the fact that the decentralized part would be put into question due to the presence of Stellar as a third party. However, the project has great opportunities, and as it seems, it could launch the value of
is a project that focuses mainly on undeveloped countries such as the African region. It offers the opportunity of having free internet through a wifi hotspot for those who don’t have access to the net in their places.
is a project that seeks to integrate a retail outlet into the Stellar network. It is envisioned that besides being cheaper and faster than credit/debit cards, and platforms such as Apple Pay, the platform will also reward those who use it with Stellar lumens.
is a project that seeks to bring the Real Estate business into the crypto world by tokenizing Real-Estate transactions and operations between two people that even may be located in different parts of the world.
is another project that involves undeveloped regions like Africa. The project seeks to provide a faster and cheaper solution for sending remittances back home from literally any place in the world.
is another project that is seeking to tokenize a specific area of the industry, in this case, agriculture.
is deploying or being used in, offers a clear evidence that the token will speed-up its growth in the market very soon. So stay tuned, is deploying or being used in Antshares Coin Exchange
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 thorough research before investing in any cryptocurrency and read our full
A new development sees a massive price boost for ICON (ICX), and WanChain (WAN) follows. The coins went up by 25% within only 24 hours, making them the two best performing cryptocurrencies in the last two days.
There is no doubt about it; the crypto market is slowly recovering after more than half a year of price reductions. While many coins are in the green right now, not all of them are progressing equally. Coins like
have seen big gains, which go from 4% to 15%, however, as great as this is, they are not the stars of the show.
, which have experienced a 25% boost in price. And, while it doesn’t seem like much, but it is, the total crypto market cap increased from $213 billion to $214 billion.
The last week has been interesting for cryptos, and while a lot of them performed rather well when compared to the rest of the year, there were still significant issues. One of the biggest ones that have been bugging the analysts concerns the volume, which was going down throughout the week. Bitcoin volume was specifically low, and it went from $4.5 billion to only $3.5 billion in a single week.
The similar situation can be seen with other top coins, like ETH, XRP, BCH, EOS, and others. Their daily trading volume dropped a lot, especially Ethereum’s, which has seen a decline almost as large as Bitcoin’s (from $2 billion to $1.3 billion).
, which is a stablecoin tied to the dollar’s own value, has not only shown immunity to the decline but has actually managed to advance its own volume from $1.5 to $2 billion. This shows us that a lot of investors still rely on the dollar and more than they do on their chosen cryptos.
While a lot of investors have predicted that Bitcoin will start going down because of this, and will rather drop below $6,700 than go above $6,850, it would seem that they were wrong. At the time of writing, Bitcoin’s price is at
, which puts it extremely near to $7,000 mark. This came as a surprise to a lot of crypto experts, who seem to have honestly expected BTC just to start dropping again. Contrary to their claims, Bitcoin just keeps on climbing for some reason and is leading every single crypto (except USDT) within the top 50 with it.
August has been a busy month in the crypto world, and cryptos have shown every sign that they wish to drop the bear market and start running with the bulls. However, they struggled with a lot of resistance, and Bitcoin itself went up and down almost every day. As expected, the tokens followed Bitcoin’s behavior, and have started making waves on a daily basis.
Until BTC broke off and exceeded $6,850, many expected that it would go down, while the
will experience much bigger losses. However, for some reason, none of this has happened as of yet, and all cryptos are still in the green. With the current situation, a lot of experts have been proven wrong, which is pretty much a good thing, considering their grim predictions. The next few days are expected to show if this is truly a new bull run, or is it just a temporary price surge that simply went better than expected.
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
TRON (TRX) in the oversold zone: What’s its expected long-term price growth?
TRON is a digital asset that is created to revolutionize the world. It aims to create a decentralized world, thus, adding a new trend to the world’s global technologies.
technology helps content creators to create and publish their contents without the use of intermediaries such as YouTube, Facebook, etc. However, the success of content will solely depend on the audience it has and the number of people that view it.
It is important to know that this year, Tron launched its MainNet protocol – which made TRX independent from Ethereum’s network, capable of performing more transactions than Ethereum’s network.
is in the course of upgrading its MainNet and launching its very own Virtual Machine (on 30th this month). An upgrade of Tron’s MainNet protocol will see that it reaches higher speed (4x) than that of Ethereum’s network.
TRX has been on the bear side for two weeks, which further resulted in a dip in its price from $0.0246 in the supply zone.
of August, a bullish movement was seen as it attained a supply area of $0.0226.
At the time of writing, TRX is priced at $0.02512, and it’s on the green today same as other major cryptos in the market. The price of
is almost at the zone of strong oversold. But if there is a general bear run in the market in the coming weeks or days, it may dip further below its current price and reach a new resistance level.
In the TRX market charts, you will see a buy zone SL area and 2 Targets on the symmetric triangle as its entry signal is breaking the neckline and 200 MA with a confirming volume. The targets are corresponding to the potential resistance at 337, 345, and 355 – although it may be short-termed.
With TRX’s current breakout with confirming volume – currently sitting at the physiological resistance of 330, it seems TRX is consolidating a bit before the next action.
Also, the stochastic oscillator is pointing upwards at 65%, and we may see a bullish movement in the price of TRX very soon. The
is also pointing upwards and displaying that there is still a buying pressure left, which will ensure that the upcoming bullish movement is under check until TRX attains the next potential resistance levels.
The price of TRX looks corrected, and bullish sentiment is likely. At the moment, the price of TRX is oscillating between $0.0262 higher support level, and $0.0203 lower support level.
Tron has done reasonably well even after the Bithumb hack news that affected the performance of many coins. With the current growth trend of TRON (TRX), it is likely it reaches $1-$2 (at least) within three to five years, and this since lots of global FinTech companies and developers are going for it.
The number of global usages is likely to increase in the next five years, and as more people and companies use TRON technology, TRX price will appreciate. As always, no guarantees in crypto-world and
as a company needs to keep working as hard as they currently are to keep the trends going in their favor.
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 thorough research before investing in any cryptocurrency and read our full
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