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Tron Foundation's currency, TRX, confirms Justin Sun's recent promise to move to number four in the top ten ranking in 2019, starting with the move of BCHSV apart
On Monday, U.Today reported that Justin Sun suggested that Tron (TRX) would soon outperform Bitcoin Cash SV (BCHSV) for the market capitalization value. The difference was not great, however TRX was a leader in the volume of daily trading.
Later on the same day the TRX actually took position 9, pushing BCHSV back.
Tron maintains his aggressive advance towards the top
On Monday, Coinmarketcap began to show TRX as coin number 9, although on the same day the morning was still in its usual position n. 10. Apparently, the milestones obtained by Tron at the end of 2018 and also in 2019 together with its total offer allowed to go forward only in one day.
A good start on Monday! #TRX it's up again 9. Keep moving, #TRON! $ TRX 🎉 pic.twitter.com/YqykxdDyai
– Justin Sun (@justinsuntron) January 7, 2019
At the time of the press, Tron is traded in the green, priced at $ 0.0249. Its market capitalization amounts to $ 1 663 542 137, exceeding that of BCHSV by about $ 150 million, compared to yesterday, when Tron's market capitalization value was $ 1 529 699 216.
In particular, Tron's circulating offer exceeds a good deal of other activities – 66 642 691 330, which, multiplied by the increasing quotations of TRX, allow it to see the growth of its capitalization value of market, making the TRX slightly less volatile.
Tron plans for 2019
As reported previously by U.Today, Justin Sun's plans for Tron for 2019 include transforming Tron into the largest global decentralized ecosystem, bringing the 100 million BitTorrent users to the Tron network, advancing to the list of the 4 best coins and exceeding the dimensions of the Ethereum ecosystem.
Sun quickly proved to be determined to achieve its goals by exchanging BCHSV seats with TRX on the CMC scale.
Without a doubt, one of the most important factors that only recently played in favor of Tron has been the acquisition of the IT giant BitTorrent and now using its future BTT encryption for the advance of Tron on the encrypted market.
Tron VS Stellar
In one of the recent tweets, Justin Sun cited Stellar (XLM) saying that this is by no means a rival of Tron. Sun stated that the volume of money transactions is too low and centralized.
We do not think @StellarLumens it is our competitor since they have an extremely low transaction volume, a centralized and undemocratic system and 0 Dapp. #TRON will take their place by 2019 anyway. #TRX $ TRX #XLM https://t.co/kPuTIwiI0r
– Justin Sun (@justinsuntron) January 1, 2019
Stellar is basically a twin brother of XRP, created by former members of the Ripple team, both coins follow the centralized concept. Similar allegations have been made many times against EOS, however, their CEO does not deny the fact, stating that centralization has never been the goal of the company.
The CEO of Tron believes that it will not be a problem to overcome the XLM and conquer the current position number 6 in the top-10 CMC list.
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