Bitcoin

TRON (TRX) Surpasses Bitcoin (BTC): Has This Really Happened?

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.

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;

 
Bitcoin (BTC)
 
TRON (TRX)
Rank- 1Rank- 11
Price (USD)- 6285.45Price (USD)- 0.023396
Price (BTC)- 0.00000372
24h volume- 17,960,440,162 USD24h volume- 739,807,465 USD
Market Capitalization- 111,202,271,139 USDMarket Capitalization- 1,558,279,997 USD
Circulating Supply- 17,692,025 BTCCirculating 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.

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Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.
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