Tron Takes Tenth Spot in Crypto Market Cap

Dec 06, 2018 at 21:42

Tron has clinched the last spot in the CoinMarketCap’s magic ten after growing 10% week on week.

The performance was recorded in the market report of December 5 when TRX crossed Cardano (ADA).

TRX has reflected a growth by 0.26% within the past 24-hours.

TRX, during the week, managed to grow by a fifth pushing TRX to overpower yet another token namely Monero (XMR) which was at 11th.

Data from CoinMarketCap show that, as of press time, the coin was trading at a value of $0.0145, with a market cap of $964 million.

The 24-hour trade volume of TRX stood at $76 million, which have expanded by 12.23% in the past week.

Based on trading volume, BitForex registered the highest on TRX/USDT pair, with a 24-hour trade volume of $12 million.

This was followed by Binance, which saw a 24-hour trade volume of $8 million on the TRX/USDT pair.

Tracking Binance was Upbit which logged 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].

“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 CEO and Founder Justin Sun, tweeted.

Tron Foundation has exceeded 2 million transactions and registered over 700,000 accounts.

The company eyes beating Ethereum in the future.