This cryptocurrency bear market has seen a fair share of a shift in power. With XRP taking over Ethereum to take the title of second biggest cryptocurrency and Stellar overtaking Bitcoin Cash to become the fourth biggest cryptocurrency, this bear market has seen a good shift in power. Now Tron has beaten Cardano to retake the 10th position, according to Coinmarketcap.
The addition of Bitcoin SV in ranking had pushed Tron [TRX] to the eleventh spot. But Tron not looking to be thrown out of the big leagues makes a comeback. Although it’s interesting to know that Tron is back in the 10th position not because of its recent achievements, but rather Cardano’s slow performance.
The difference between Tron and Cardano’s market capitalization is quite small as well, around $2 million. It’s unclear as to for how long Tron will be holding the number 10th spot, as Cardano has started showing signs of recovery.
Tron is currently trading at $0.014521 and has a market capitalization of $960 million while Cardano, on the other hand, has a market capitalization of $958 million and is trading at around $0.036948. Tron has a higher trading volume than Cardano, almost three times.
Get the latest news on Blockchain only on Blockmanity.com. Subscribe to us on Google news and do follow us on Twitter @Blockmanity
Did you like the news you just read? Please leave a feedback to help us serve you better
Post Views: 1,989