TRON (TRX) and Ripple (XRP) Up, Despite $ 5 Billion Loss this Weekend

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Tron

The entire cryptocurrency market has a bit of a run in the new week. Towards the end of last week, most digital currencies. That did not last long before the weekend, taking off $ 5 billion from the total market cap. Today, we'll take a look at TRON (TRX) and Ripple (XRP).

Both of these coins are seeing green today. Let's take a closer look at why this may be.

TRON (TRX)

TRON, now the world's ninth-largest cryptocurrency by total market cap, is seeing the most percent gains today out of the top 25 digital currencies. The dapp-focused blockchain project has had quite the week of volatility.

Earlier this year, TRX saw a massive spike in its price, rising over 30% in less than 24 hours. However, the coin fell to -25% percent days after its high.

Lately, TRON has been focusing on its joint project with BitTorrent. Lately, Justin Sun has been tweeting about the BitTorrentToken airdrop taking place for TRX holders. It seems a majority of the major cryptocurrency exchanges that hold TRX will be supporting the airdrop.

Last weekend, TRON held its niTRON Summit in San Francisco. Kobe Bryant spoke with Justin Sun to close out. Day Two of the event. Bryant is an NBA legend and now venture capitalist, but during his sit down, Bryant did not mention anything TRON, crypto, or even blockchain related. This segment of the day was the part of the event.

Many other cryptocurrency conferences have done just that. Ripple (XRP) is notorious for bringing in random celebs at these sorts of events. It remains unknown at this time if the event is caused by the sudden spike in TRON prices.

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According to CoinMarketCap, TRX is trading at $ 0.0253 per coin, up 5.66% in 24 hours.

Ripple (XRP)

XRP is seeing green today, while most other majors digital currencies are in the red. Ripple has not released any recent news since January 17th. At that time, the company released a blog post targeting a discussion held at its Swell 2018 conference held last fall. Earlier this month, Ripple announced RippleNet had surpassed 200 customers worldwide.

As XRP is not as much as TRON today, it remains unknown Still, the daily gains or losses in coins

According to Yahoo Finance, XRP is currently trading at $ 0.32 per coin, up + 0.07%.

Featured Image: Depositphotos © Primakov

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