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Tron (TRX) Listed by eToro, Still Gets Taken Over by Cardano (ADA)
Tron (TRX) and its ambitious CEO Justin Sun continue to gain popularity among the crypto community. After Tron purchased BitTorrent in 2018, doing it before its crypto rivals, the Tron Foundation became the major focus of attention.
Now Justin Sun expects to get the 100-mln BitTorrent community to join Tron’s user base. Besides, earlier this year the BitTorrent BTT token presale took place on Binance Launchpad, which also attracted a great number of investors.
Tron continues its expansion on exchanges
For the past half-a-year, Tron has been striking partnerships with various crypto exchanges, getting them to list TRX. Among the platforms that have recently added the coin are major Dubai-based exchange ADAX and major South American crypto trading platform NovaDAX.
The CEO of eToro, Yoni Assia, believes that adding Tron to his platform is good both for regular investors of eToro and the Tron community, since this ‘union’ of two big names in the crypto world will give users wider opportunities for investing and trading.
Happy to add $TRON #CryptoAssets to @eToro, love their acquisition of @BitTorrent and their partnership with @binance @justinsuntron time for you to setup an account on @eToro :) https://t.co/0u8FVdJhX9
— Yoni Assia (@yoniassia) March 25, 2019
Now eToro offers its customers 15 crypto assets to trade all in all. Among them are BTC, XRP, Dash, XLM, BNB, etc. Now Tron has joined them. Later on, the eToro team also plans to add TRX to its CryptoPortfolio section.
Tron loses its top-10 position
On Saturday, U.Today reported that Cardano (ADA) took over position #10 from Tron, pushing it to spot #11.
Although in a recent interview with CNBC Justin Sun stated that market cap does not matter much to him as merely the surface of the business, still a great part of the Tron community, who are investors and not just hodlers, are eager for TRX to climb along this top ten ladder.
Many of them have long been asking Justin Sun in Twitter comment threads about when TRX will spike, or they have expressed their disappointment regarding the slow progress of the coin’s price.
At press time, TRX is trading at $0.0231 with its market cap totalling $1 546 478 429. This is just slightly behind Cardano (ADA) with its $1 560 207 627 market cap.