Tron’s CEO, Justin Sun recently suggested that cryptocurrency exchange, Binance’s BNB is the new Bitcoin. While the apex cryptocurrency and alt coins lost $5 billion in value over 48 hours, Binance coin increased to $1.8 billion from $800 million at the start of the year.
Ripple provides a virtual currency that enables instant cross-boarder, international money transfers for banks and individuals. It serves as a replacement of SWIFT, which takes longer and costs more to transfer money across international borders.
Tron (TRX) cryptocurrency often makes headlines for different reasons. With an outspoken CEO determined to make his cryptocurrency the top 4 in the world, it’s not a surprise that Tron experienced significant trading volumes ($129,388,887 USD) and increasing prices ($0.024972) over the past few months.