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TRON Surpasses IOTA In Market Cap As Mainnet Date Closes In

TRON (TRX) has had quite an increase in price and market cap in the last 12 months. Back in September of 2017, TRON had a market cap of about $15,000,000 which is 347 times less than what it is now, despite the entire crypto market still being down.

TRON is in green today while the rest of the cryptocurrencies in the top 10 is bleeding. Bitcoin is down around 2% in the last 24 hours as of this writing, while TRON (TRX) is up about 2.5%. TRON is currently valued at around $0.08 down from $0.085 earlier today.

Another cryptocurrency which had a really great run late 2017, is IOTA, which has been hovering within the top 10 for a very long time now. However, today TRON with its small rally surpassed IOTA in terms of market cap. IOTA is down almost 6.5% in the last 24 hours and now has a market cap of $4.7 billion. TRON, on the other hand, has a market cap of $5.2 billion.

A lot of the current excitement around TRON comes in anticipating of the mainnet launch scheduled to happen the 31st of May, so in a little over a week.

tron price ahead of mainnet launch

Source: https://coinmarketcap.com/currencies/tron/

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