Tron, BitTorrent among top gainers in the cryptocurrency market

Tron, BitTorrent among top gainers in the cryptocurrency market

Tron, BitTorrent are two cryptocurrencies registering more price growth than others in the top 100.

Tron (TRX) recovered from the slump over the past few weeks as it saw its price surging on 27 May. This coin is the 11th largest cryptocurrency on the top 100 list on CoinMarketCap.

BitTorrent (BTT) also saw its price surging over the past 24 hours.

Tron, BitTorrent CEO tweeted the good news

In a tweet, TRX and BTT CEO Justin Sun informed the crypto communities that BTT is the second highest gainer in terms of growth in price over the past day.  It follows Maximine Coin (MXM), which reported a 39% price gain.

An image attached with the tweet also mentioned that TRX ranked sixth.


Tron, BitTorrent trading performance

The announcement of Sun has encouraged more BTT investing in the next few hours, which further boost its trading performance. The triumph, however, is short-lived as when press time came, Bitcoin SV (BSV) surpassed BTT. BSV rose 29.46% while BTT only grew by 27.80%.

Tron, BitTorrent among top gainers in the cryptocurrency market

Despite rising by 21.99% over the past 24 hours, TRX likewise slipped to 8th place. Binance Trading view chart showed that TRX’s price surge to $0.0331 from $0.0270. With a market capitalization of $2.16 billion, the coin was trading at $0.324 during the press time.

As its price rose 15.32% over the past one hour, TRX’s 24-hour trading volume hit $1.35 billion.

TRX registered a 14.94% price increase as it broke its resistance level in September 2018. It is closely approaching its next immediate resistance at 0.41.

TRX registered a peak price of $0.254791 on 04 January 2018. It started as an ERC-20 token on the Ethereum mainnet.

The ERC-20 tokens were transferred to the native TRX coin at a 1:1 ratio after Tron mainnet was launched six months later.


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