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Tron gains 10th place in the red market with gains of 0.49% over 24 hours. In the meantime, it is growing steadily and beating Ethereum in terms of daily transactions, searches on google and daily users, adding more cash with the addition in the exchanges.
Tron takes a step forward in Ethereum
Tron has still climbed a position up to 10th place as market capitalization of $ 963 million with a daily trading volume of $ 75 million. At the time of writing, TRX was trading at $ 0.0145 with a 24-hour gain of 0.63% while it rose more than 3% in the BTC market.
Source: Coinmarketcap
Meanwhile, Ethereum lost his second position at XRP last month and is still sitting in 3rd place. With a market capitalization of over $ 11 billion, it is currently trading at $ 107 while it is down around 4%.
Source: Coinmarketcap
While Ethereum has slowed its development, Tron is moving fast. Also with regard to Google searches, Tron has beaten Ethereum here too.
Source: Google Trends
Justin Sun, founder and CEO of Tron, recently shared: "The compliments for the TRON mainnet accounts have exceeded 700,000 in 162 days" and the triggers of the TRON contract have exceeded 45 million in 4 weeks.
Over the past 14 days, Tron has gone through 2 million transactions reaching the highest level so far while the maximum of Ethereum was 1349890 Transactions on January 4, 2018. However, as shown in the chart below, transactions over the past 14 days on the network Tron are much more volatile than that of Ethereum.
Source: Tronscan
Source: Etherscan
Meanwhile, the Decentralized Exchange on Tron has nine cryptos quotes. REY, SEED, IGG, dice, TONE, TWX, CDF, TERC and TRWJ. In addition, the Dapps networks on Tron are continuously increasing with the number that now spans 25.
Recently, Tron added liquidity with a series of lists. TRX was listed on the ABCC stock exchange and became part of Blockfolio, a mobile wallet and a crypt and blockchain management platform. December 7th RX / BTC trading pairs, TRX / USDT, TRX / MDP It will be available in Southeast Asia MBAexOfficial.
The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or the publication has no responsibility for personal financial loss.
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