One of the most common things to look at in the cryptosphere is how some coins move up and down the lists, whether you are an encrypted investor or simply an enthusiast. In addition, as they continually seek to achieve the extraordinary status of being a top crypto, a denomination due to which many coins fight closely with the implementation of different strategies to improve their performance, and with it, their value market.
We can all agree on this matter, that the market is definitely governed by Bitcoin (BTC) and Ethereum (ETH), but there are still some points available for other coins to occupy, and that's exactly what many tokens intend to do. Among these, we can certainly count on Tron (TRX) and NEO, two relatively new cryptocurrencies that seem to be relentless when it comes to strategically designing a plan that can guarantee the traction they need to scale a small part in the graphs. Let's see how it goes.
NEO and TRX Ambitions
It is clear that the main intentions of these two cryptos are to design a better option than what Ethereum provides when it comes to the creation of DApps, a field in which developers are in some way with tied hands. In this sense, even if Ethereum certainly has the command with almost 2000 decentralized applications on its platform, and two are making great progress in the development of specific applications of this type.
So far NEO has 60 decentralized applications in the oven, including Red Pulse, THEKEY and AdEx. For its part, Tron has a minimum of 9 in development and a bounty program to draw the attention of developers.
NEO and Tron projects
One of the things these two cryptos have in common is that they were very open when it comes to announcing their projects. In this sense, NEO has recently announced on its Twitter account that the company is currently working on version 3.0 of their platform.
Tron (TRX) from the other side announced the strategic partnership with China intelligent toilet giant, MOSHROOM . Tron also launched his virtual machine on July 31, as well as the revelation of his secret project, Project Atlas. So, clearly, more things are happening for Tron (TRX) than NEO.
Current Performance of NEO and Tron
At the time of writing, NEO is the cryptographic number 15 (it was on the 11th spot not too long ago) on the market with a value of $ 21.17 per token , a trading volume of $ 53,587,145 and a 4% price drop in the last 24 hours. Tron (TRX), on the other hand, now holds three positions above NEO with a price of $ 0.024, a trading volume of $ 134.959.748 and a decline of 0.12% lower over the last 24 hours.
Both Tron and NEO are looking forward to becoming the next top 10 market, and the truth is said, both have great potential to make it a reality with the exciting development projects and the expansion of DApps opportunities. . Tron is currently at the forefront, no doubt, but this happened with NEO only a couple of weeks ago (it was ahead of Tronix). It's just a matter of time before any of them manage to reach the summit. So stay tuned!
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Disclaimer: This article should not be taken as and is not intended to provide investment advice. Global Coin Report and / or its affiliates, employees, writers and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own in-depth research before investing in any cryptocurrency and read our full disclaimer
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