What do the cryptocurrencies of XRP (XRP), Stellar (XLM) and Tron (TRX) have in common right now?
Firstly, they are all reasonably priced at under half a dollar in this terrible bear market. XRP is currently trading at $0.44 at the moment of writing this and down 2.53% in the last 24 hours. Stellar (XLM) is currently priced at $0.18 and down 3% in the last 24 hours. Tron (TRX) has also not been doing too well and is valued at $0.032 and down 3.27% in the last 24 hours.
The current low price of these three digital assets is one reason why they are the future of crypto investing. There has never been a better time to get any digital asset at its cheapest than this present moment. We all remember how the lucky buyers of Litecoin (LTC) at $4 early in 2017, are still patting themselves on the shoulder for believing in the digital asset that is now valued at $75 a year later and in a bear market. This is a 1,775% increment in 12 months.
Taking this percentage increment and applying to XRP, XLM, and TRX we get $7.81, $3.20 and $0.568 respectively. These are not bad figures at all ladies and gentlemen. Not bad at all!
Secondly, these three coins are backed by wonderful blockchain technologies. XRP has its own ledger and utility in the Ripple company’s product of xRapid to source instant liquidity for cross-border transactions. The Ripple company has clearly stated it is a software solutions company that coincidentally uses XRP. Therefore, as the Ripple company expands, so shall the use of XRP in banks.
With respect to Stellar (XLM), the foundation has partnered with IBM which has in-turn partnered with the Australian government for the development of blockchain technology, A.I (artificial intelligence) and quantum computing in the country. This means that the Stellar blockchain and XLM will probably be used by the Australian government along the way.
Tron, on the other hand, has one of the fastest Mainnet platforms that can handle 2,000 transactions per second. This number is 80 times the capability of Ethereum’s network. For TRON, the future of DApps is for the taking when we look at it this way. Even Zilliqa cannot edge out TRON. The Tron foundation has done a stellar job marketing the platform that switching to Zilliqa will be as hard as defying gravity.
In conclusion, the three coins of XRP, XLM, and TRX are the future of crypto investments as well as blockchain technology. The current bear market is a good time to grab a few of these digital assets for the future is bright for crypto with the institutional money destined to come in any time now. There is also the fact that each of these coins have great blockchain platforms to further push their individual platforms into the future.
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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 Tore Bustad via Flickr
The post Here Is Why XRP, Stellar (XLM) and Tron (TRX) are The Future appeared first on Global Coin Report.
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