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Tron About to Outperform BCHSV By Market Cap, TRX Now Available on BitKeep

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Mon, 01/07/2019 - 12:48
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  • Justin Sun reports that TRX is added by a popular crypto wallet, shares the details of a recent weekly report, hinting that TRX could soon become coin #9

Cover image via U.Today
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Justin Sun, CEO and founder of Tron Foundation, has announced some interesting news on his Twitter account.

TRX may outperform BCHSV

As per Justin Sun, Tron (TRX), which is currently holding position #10 as per the Coinmarketcap (CMC) list, may soon move to place #9. If you look at the CMC list, this seems pretty obvious – the difference in the market cap values between Tron and Bitcoin Cash SV is about $25 mln. However, daily trading volume of TRX is nearly three times higher than that of BCHSV.

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As U.Today reported earlier, one of the goals that Tron’s CEO set for 2019 is to get TRX on the top-4 list of crypto assets. If Tron manages to get to place #9, leaving BCHSV behind, it will be the first step in this direction.

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With all the milestones that Tron has achieved by now and plans to achieve this year, this move seems quite possible.

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BitKeep adds support for TRX

Recently, the BitKeep crypto wallet announced that Tron users can now utilize it for storing TRX. This is multi-chain decentralized wallet whose customers are located in around 16 countries around the world. The same story is with the BiMoney crypto wallet, a hardware crypto storage device and Ellipal wallet.

In 2018, Tron seemed to advance quite aggressively on its purpose to become a leader of the crypto market.

Tron releases weekly report with results of 2018

In the recent report that the Tron Foundation issues on a weekly basis, the platform’s team has summarized the results of 2018. In particular, Justin Sun now has over 2.5 mln followers on Facebook, the Tron Foundation can boast just over 800,000 so far.

The report also mentions that as of January 5, names of tokens made on the Tron platform can be repeated, thus letting two or more tokens be of the same title. The only means of differentiating Tron-based coins now is a token ID.

Also, the report summarizes that in 2018, Tron launched its own mainnet, outperformed Ethereum by transaction volume and EOS by the number of accounts.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today, can be contacted at yuri.molchan@u.today.

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