TRON [TRX] this week had been in a battle with IOTA [MIOTA] due to the rankings on CoinMarketCap. Both the coins have been experiencing fluctuations in their Market Cap.
IOTA was ranked #9 on CoinMarketCap before TRON hopped and pushed IOTA to the 10th position while taking its 9th position.
As observed, at press time, TRON is being traded at $0.044. While IOTA is traded at $1.01, both the coins have a close market cap of $2.9 billion [TRX] and $2.8 billion [MIOTA].
Earlier this week, TRON had gained the #9 position on CoinMarketCap. TRX had a market cap of $3.246 billion while MIOTA had a market cap of $3.232.
The co-founder of TRON Justin Sun and his team had ensured to run as many promotional events and campaigns as they can to get the coin at this position.
TRON MainNet token migration is here and it garners support from various
exchanges including Bitbns, Bibox, Binance, Bitfinex, Bitopro, Bitforex, Bittrex, Coinegg, Coinrail, and Huobi.
Currently, the TRX supporters hold ERC20 tokens that were created on the Ethereum network. However, they will no longer be compatible with the new platform.
Tron will be migrating from the ERC20 to the TRON20 standard, a native coin for the Tron Mainnet. This will be a 1:1 swap, and as of now, there are already 30 exchanges that are supporting the
TRX token migration that is scheduled to happen on June 24th at 0:00 AM [GMT +8].
At the time of writing, TRON [TRX] has seen a rise of 0.48% in the past 1 hour but its daily cap runs low with a fall of 2.17%, even though the weekly cap runs green with a hike of 3.01%.
Comments
Post a Comment