Bitcoin (BTC) that is ranked on the prime position in the crypto market and on the other hand Tron (TRX) that has been ranked at 11th position; is witnessed transcending the number of transactions in number as compared with what Bitcoin has.
1. Performing better than BTC in terms of decentralization
2. TRON speed much faster than #BTC
— TRONSCAN (@TRONSCAN_ORG) May 10, 2019
Comparative Statistical data:
Below mentioned is the data for a considerable comparative analysis between the two coins on 10th May at 6:54 UTC time;
|Rank- 1||Rank- 11|
|Price (USD)- 6285.45||Price (USD)- 0.023396|
|–||Price (BTC)- 0.00000372|
|24h volume- 17,960,440,162 USD||24h volume- 739,807,465 USD|
|Market Capitalization- 111,202,271,139 USD||Market Capitalization- 1,558,279,997 USD|
|Circulating Supply- 17,692,025 BTC||Circulating Supply- 66,682,072,191 TRX|
|Return on Investment- 4,543.01%||Return on Investment- 1041.78%|
|24h change- 3.35%||24h change- (2.98%)|
The above data in lieu of a comparative analysis throw light on the statistics of the two coins and their positioning in the crypto market.
Bitcoin, the prime coin aces the crypto market with its value being incomparable to any participant due to the price gap. But what do the records show? TRON that is ranked on 11th position is having more number of transactions than Bitcoin.
Also, as per the above stats, the circulating supply which in common parlance means the number of coins that are moving in the market and changing hands of the investors, thereby; of TRX is recorded to be more than BTC.
TRON that is ranked on 11th position has a difference of 10 places from the prime coin but has been witnessed performing better than Bitcoin and its transactions.
In such a case, what makes Bitcoin rank on a prime position and have such a difference between the places of the two said coins is a point of importance. Undoubtedly, it is the price, Market Capitalization, the popularity, reliability and its feature of being a market leader, giving handsome returns on investments and thereby gaining investors’ fidelity to outlast rest of the market performers.