The back-to-back race between Tron and Cardano blockchain technology to distinguish the larger cryptocurrency between the two looks a bit interrupted after the former created a wide margin ahead of the later.
For the past few days, Tron and Cardano has been in a tussle for the 11th position with series of dethronements coming from both sides. However, the entertainment focused blockchain network is now trying to show its potency in the market by establishing a decent wide gap for Cardano.
At the moment, Tron is ranked the 11th largest cryptocurrency by market cap and Cardano, sits on the 13th position after UNUS SED LEO, an Ethereum based stablecoin, took over the 12th position to show the difference between the two coins.
Tron stays ahead of Cardano with over $25 million Dollar market cap. While the entire market looks to be back on the upside trend with Bitcoin staying above $8,200 after a weekend low around $7,900, Tron is at present priced $0.015464 with 0.68% added value in the last 24 hours.
Cardano, similarly, is on the upside trend, recording 0.81% added value with a market price of $0.038964 against the US Dollar.
This is happening around the time one of the world’s renowned cryptocurrency exchange, KuCoin, announced it will be adding more support for Tron blockchain technology.
Kucoin Brings TRX Trading Market to Live
In an announcement today, KuCoin, a top-class blockchain asset exchange that prides itself as “The People’s Exchange,” declared that it will be adding TRX Trading Market to its platform.
“KuCoin Will Add the TRX Trading Market,” the exchange stated.
Furthermore, the announcement added that the platform will also open trade for BTT/TRX and WIN/TRX trading pairs.
KuCoin Will Add the TRX Trading Market
KuCoin will add a TRX trading market and open trading services for the BTT/TRX and WIN/TRX trading pairs at 18:00 on October 21, 2019 (UTC+8).@Tronfoundation @BitTorrent @justinsuntron @WINkorg #KCS #BTT #TRX #BitTorrent $BTT pic.twitter.com/vQOQlKEaay
— KuCoin Updates (@KuCoinUpdates) October 21, 2019
Justin Sun Says Bitgo will Open Guardianship Services to Tron
Founder Justin Sun of Tron and BitTorrent protocol has just aired that California based IT service management company BitGo will be handing Tron guardianship services soon.
— Justin Sun (@justinsuntron) October 21, 2019
However, the latest update from the crypto world reveals that Swipe, a digital wallet application that focuses on granting users optimum security, has partnered BitGo to heighten the safety granted to users of its wallet. This will help reduce the risk of hack on Swipe wallet.
Tron-USDT Circulating Supply Targets 300 Million
Meanwhile, data gotten from DApp Total affirms that 10 million TRC20 USDT has just been issued on TRON network.
Furthermore, millennial CEO Justin Sun denoted that the circulation amount of TRC20-USDT on Tron network is growing continuously and it is heading towards 300 million.
Sun made the declaration while affirming that the circulation supply of TRC20-USDT on Tron network is now above 250 million.
— Justin Sun (@justinsuntron) October 20, 2019