Swapping rankings, potential partnerships, crypto’s got it all, doesn’t it? Here’s what’s happening with TRON (TRX), EOS, and Cardano (ADA).
TRON (TRX) is currently selling for $0.096472, which puts the coin up 12.79% in the past 24 hours.
Last week, TRON moved into 10th place according to cryptocurrency market cap. Now, TRON’s done it again, moving up to be currently listed as the 9th largest cryptocurrency, with a market cap of $6.3 billion. Will TRON continue to move up in the rankings or will it drop back down?
If TRON continues with its rally, it may even reach $0.10, which will be the first time that’s happened since January of this year.
What’s causing TRON to skyrocket? No doubt some of TRON’s movement comes down to its approaching main net launch. But is that all? Unlikely.
There are whispers floating around the crypto sphere that TRON might partner with Chinese e-commerce company Alibaba. Nothing’s been confirmed as of yet, and it may just be wishful thinking, but it would be a huge move in pushing TRON up further in the crypto rankings.
Do you think TRON will partner with Alibaba?
EOS is currently selling for $18.69, which puts the coin down 9.53% in the past 24 hours.
EOS reached an all-time high on Sunday, April 29th, selling at $22.89 at one point during the day, according to CoinMarketCap data. Although EOS has dropped off from its high, it isn’t far off and may yet still recover. However, considering it is down for the day right now, EOS may also continue to drop.
EOS led a strong week all of last week, and the coin is still ranked as the 5th largest cryptocurrency, with a market cap of $15.1 billion.
EOS answers community members’ questions about the EOSIO brand design. Check out the video put together by the EOS Creative Team and find out how they were inspired by the human heart and the golden ratio.
Do you think EOS will rise or drop today?
Cardano (ADA) is currently selling for $0.356083, which puts the coin down 2.70% in the past 24 hours.
Cardano has also moved up in the rankings, overtaking Litecoin (LTC) as the 6th largest cryptocurrency. Cardano currently has a market cap of $9.2 billion. Litecoin was first overtaken by EOS several weeks ago and now Cardano is getting in on the action.
Cardano is more likely to swap places again with Litecoin first before swapping places with EOS, given the difference between Cardano’s and EOS’ market cap is $5.8 billion while the difference between Cardano’s and Litecoin’s market cap is $698.7 million.
Are you excited for Cardano’s market movement?
Featured image: geralt via Pixabay