While there is increasing fear that there will be stiffer cryptocurrency regulations in and across the world, some digital assets are still performing excellently in the space. Among these digital currencies are Crypto.com (MCO), Litecoin (LTC), and Tron (TRX).
Crypto.com (MCO): Q1 2019 Seems Promising
Although all digital currencies appears to be in a bearish condition. But Crypto.com (MCO) is having a promising future. The digital currency has different kinds of visa cards that is aiding cryptocurrency adoption across the world.
Monaco was rebranded as Crypto.com in 2018, afterward the platform hired former PayPal and Braintree Leader Tyson Hackwood to the firm’s leadership team as SVP, Head of Global Merchant Acquisition.
Hackwood is expected to expand the firm’s reach and adoption of Crypto.com Pay, a digital currency payment solution powered by the Crypto.com Chain.
Mid December, Crypto.com and Ledger, a global leader in securing crypto assets, signed a MoU that makes Ledger adopt Crypto.com Pay.
Litecoin (LTC) Is Taking The Lead
In the last 24hrs, Litecoin (LTC) price has increased by over 7%. The digital currency is now valued at $34USD. It is hard to state the reasons behind the sudden price increase, but it seems Litecoin is witnessing a comeback after a lengthy bearish condition.
Late December, Litecoin announced a partnership deal with Ultimate Fighting Championship (UFC), a leading mixed martial arts organizations.
The partnership made UFC display Litecoin logo on the octagonal fighting canvas at the December 29th UFC 232 rematch between former UFC light heavyweight champion Jon Jones and light heavyweight Alexander Gustafsson.
According to Litecoin Foundation, “millions of viewers” present at the event will help raise global awareness while driving interest in Litecoin.
Tron (TRX) Is Climbing To The Top
Before the Tron Foundation announced the launching of BitTorrent token that came has an addition to Tron’s glory, the digital currency has achieved some milestone in the space.
The blockchain platform has been surpassing Ethereum daily volume. At the moment, Tron blockchain now has over 1 million user accounts and has reached over 100 million contracts recorded. The digital currency is among the few cryptos to watch this Q1.