Tron (TRX) Fell Back On #10 In Cryptocurrencies Market As IOTA (MIOTA) Stormed To #9

Between the Testnet and the next release of Mainnet, Tron (TRX) will have numerous events and new plans for the Q2 2018. Aside from the technical aspects and plans, the Tron (TRX) currency has also performed brilliantly during the last couple of weeks. But earlier, Tron (TRX) dropped on the 10th position in cryptocurrencies market, as IOTA (MIOTA) stormed to the 9th position, in just a few hours.

TRX has succeeded in maintaining its clients’ satisfaction at high levels with the ongoing price escalation. From the 12th place at the beginning of last month, TRX has achieved the 9th rank among all the cryptocurrencies in the world, after a sequence of skirmishes with NEO (NEO) and, since then, it shows continuous appreciation in its value against the USD.

Tron (TRX) fell back to the 10th place losing ground before IOTA (MIOTA)

Unfortunately for TRX fans, as I’ve said above, Tron fell on the 10th position. Despite its gains of about 28% it recorded earlier today, TRX dropped by about 26% in the last few hours but still keeps itself on ‘green’ against the USD.

IOTA (MIOTA) stormed to the 9th position, leaving Tron behind which settled on the 10th place in the cryptocurrencies market. Apparently, the announcement that MIOTA will be listed on Cobinhood cryptocurrency exchange helped a lot in coin’s gains of today, as IOTA (MIOTA) managed to soar by 18.4% in the last 24 hours (at the moment of this article) reaching to $2.22.

At the moment of this article, Tron (TRX) is trading at $0.090 scoring only a 1.86% increase compared with its value 24 hours ago.

Apparently, IOTA (MIOTA) managed to secure the 9th place for the moment, at least, with a market cap of about $6,17 billion, with more than $170 million than Tron (TRX) which is closing to a market capitalization of $6 billion and most probably it will be able to hit this level soon.

Jackson Bey

Jackson Bey was born and raised in Lethbridge Alberta but moved east when he was 22. Apart from running his own consulting firm. Jackson spends his time canoeing the many lakes of Ontario. As a financial journalist Jackson has published stories for CBC Business Online, as well as Buzz Feed and Motherboard. As a contributor to Billionaire 365, Jackson mostly covers markets and trade.

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