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Despite Bitcoin's Nording today, the crypto community can rest easily because Morgan Creek Digital, CEO of the Crypto Investment Firm, recently informed CNBC of its belief that Bitcoin and cryptocurrency will be successful over the long term. This will certainly do much to quench the fears of cryptic agitators who regret their moves in view of the bearish trend of the year.
Supporting this position, Mark Yusko, the top hedge Fund, admits he was wrong about Bitcoin because he believes that the strength of the Bitcoin network will certainly increase the price of BTC to 20 times its current price over the next decade.
Tron (TRX) triumphs superiority
According to DappRadar, Tron (TRX) successfully passed Ethereum (ETH) as the most popular decentralized application platform (dApp) in the world.
Justin Sun has openly asked the developers of Ethereum to migrate their tokens on the Tron network into others to enjoy 100% cash.
In the bear market, #Ethereum developers should migrate your token to #TRON immediately. 1.0 transaction fee, no gas in #TRX. 2. Compatible with #ETH, 0 migration cost. 3. 2000 TPS. 4. #TRON list of dex. You can easily increase the value of the 100% token with high liquidity. $ TRX
– Justin Sun (@justinsuntron) November 26, 2018
Tron's founder and CEO, Justin Sun, said the virtual currency will add privacy features to its network next year. By intelligently leveraging existing technologies, the Tron protocol can be significantly pushed through the use of zk-SNARKs to improve privacy.
The adoption of this feature will ensure that TRX users will be able to protect transactions effectively.
The Tron Foundation is also establishing a gaming blockchain fund, TRON Archade with an investment target of around $ 100 million over the next three years.
Tron occupying the 12th position on Coinmarketcap trades at $ 0.014515 USD.
Ripple (XRP) Garners Adoption and popularity
XRP stands as one of the altcoins in the cryptic space that is gaining much momentum both in terms of adoption and popularity. While criptos like Ethereum (ETH) have lost 50% of their previous value and even a sizable share of their market capitalization.
The XRP was able to keep the point of exclusion of the ETH outside the number two position with an obvious market capitalization that exceeded that of Ethereum. Ethereum (ETH) has since followed Ripple (XRP) without any sign of recovery of his position.
With Ripple's key mission to integrate its technology with large payment service providers and banks, the Ripple project is filled with various partnerships and listings.
Read also: The Necessities of Ripple & # 39; s XRP on Pornhub, Google Play and Amazon
There have been myriad calls from members of the XRP community that the altcoin should be implemented as a base currency on Binance as it is already a base currency on the United Exchange and CoinField Exchange.
The implication of this passage for the cypto community if Binance yields to this call is vast. Ripple's XRP will become a commercial pair with other cryptocurrencies. The addition of XRP on Binance will definitely increase the price of the alt. It would also provide XRP with a solid base to maintain the second position as it makes a contender with Bitcoin for the first position
Verge (XVG) moves to 44th position.
The exceptional performance of the Vergecurrency team (XVG) should be praised as anyone familiar with the blockchain technology knows that it involves many hands and funds.
Despite being a volunteer, the team did some wonders in cryptoverse.
Thanks to Bitcoin Superstore, users of Vergecurrency can now pay with XVG in over 200,000 stores including Starbucks, Ebay and Amazon. Verge was able to join the league of cryptographic coins like Ripple (XRP), DIGIByte (DGB), Tron (TRX), Litecoin (LTC), Zcash (ZEC), Monero (XMR) and Ethereum (ETH) that are accepted on Bitcoin Superstore. This is an advantage for the XVG because in the current phase only the largest assets are accepted in Bitcoin Superstore as payment methods.
Read also: Verge (XVG) adds a market capitalization, gaps 13 coins as a leader in the bull market, other news
In addition to this development, Verge also became active on Blockfolio and was included as the 30th cryptographic project to participate in the Gold Label Project initiative, also launched by Binance Info.
On 26 November, Verge (XVG) was ranked in 51rd place among cryptocurrency by market capitalization, and to date the altcoin has risen to 44th place.
Stellar (XLM) continues to rake it
Stellar (XLM) has been able to successfully establish 37 commercial partnerships, including those of Tempo and IBM. The emerging ICO Bench statistics revealed that Stellar (XLM) was able to consolidate its position as the most popular platform for blockchain start-ups seeking funding through a token sales mechanism.
Read also: Stellar (XLM), Electroneum (ETN): Why You Should Hodl These Sleeping Giants
The stellar network continues to enjoy growth not only in terms of market capitalization, but also in the interest it has been able to generate among the public.
The favorable behavior of XLM has meant that its price increased to the point of exceeding Bitcoin Cash and move it from its place in the ranking of the most important crypt by capitalization.
Stellar (XLM), which currently occupies the 4th position on coinmarketcap with a 24-hour trading volume of $ 73,424,353 USD, has been booming despite the general market downturn.
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