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Tron [TRX] overtakes Cardano [ADA] to become tenth-largest cryptocurrency

Namrata Shukla

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Tron [TRX] overtakes Cardano [ADA] to become tenth-largest cryptocurrency
Source: Unsplash

Tron [TRX], after going up by over 10% over the week, has managed to secure the tenth position on CoinMarketCap top-10 coin list on November 5. TRX crossed Cardano [ADA] at the time of press, and reflected a growth by 0.26% within the past 24-hours. On December 4, TRX had overpowered Monero [XMR] to take its eleventh position.

According to CoinMarketCap, at the time of press, the coin was trading at a value of $0.0145, with a market cap of $ 964 million. The 24-hour trade volume of the coin was $76 million and it had grown by 12.23% in the past seven days.

Source: CoinMarketCap

Source: CoinMarketCap

According to trading volume, BitForex registered the highest trading volume on TRX/USDT pair, with a 24-hour trade volume of $12 million. The next in line was Binance, which registered a 24-hour trade volume of $8 million on the TRX/USDT pair. Binance was followed by Upbit, which registered a 24-hour trade volume of $5 million on the TRX/KRW pair.



The cryptocurrency also saw an adoption as it got listed on MBAex, where TRX was paired with Bitcoin [BTC] and Tether [USDT]. Justin Sun, the founder and CEO of Tron Foundation, took to Twitter and announced the big news. Sun had tweeted:

“TRX will be listed on @MBAexOfficial, South-East Asia’s biggest blockchain assets trading platform powered by blockchain technology. #TRONICS can deposit #TRX on December 6(SGT) and trade TRX/BTC, TRX/USDT, TRX/MDP on December 7(SGT). #TRON $TRX”

Tron Foundation had also reported having surpassed 2 million transactions and registered over 700,000 accounts. Sun had claimed that Tron will surpass its competition Ethereum [ETH]’s numbers in the future.





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Namrata is a full-time journalist and is interested in covering everything under the sun, with a special focus on the crypto market.

Bitcoin

John McAfee says he will reveal Nakamoto’s identity, Coinbase expands to 11 countries, and more

Priya

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John McAfee says he will reveal Nakamoto's identity, Coinbase expands to 11 countries, and more
Source: Unsplash

Daily Crypto News – April 18

1. John McAfee on Satoshi Nakamoto: The Founder of McAfee Associates stated that he would narrow down on the identity of Satoshi Nakamoto until he reveals Satoshi himself, otherwise he would reveal his identity to the crypto community. He also spoke about how he knows about Satoshi, to read about it, click here!

2. Coinbase expands its services to more countries: The leading exchange platform announced that it expanding its services to 11 more countries, which includes India, South Korea, and New Zealand. People in these countries can avail services provided on Coinbase.com, Coinbase Pro and its app on iOS and Android.

To know more about the countries Coinbase has expanded to, click here!

3. Craig Wright says the crypto-community want to silence him: Craig Wright, the self-proclaimed Satoshi Nakamoto, stated that the majority of the community was against him as they “desire to silence” him because they see someone who would bring an end to scams and pumps and dumps.

He also spoke about the next steps he would be taking in terms of the legal action concerning his defamation case. To read about it, click here!



4. Binance “marks the birth of a new genesis block”: The largest cryptocurrency exchange in terms of trade volume announced the launch of its Decentralized Exchange, and also stated that the mainnet swap would take place on 23 April 2019.

To read more about Binance DEX, click here!





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