The majority of the top-ten coins by market cap are in the green today. The exception is EOS, Tron (available on Binance) (TRX), and Stellar (XLM). We will be looking at those coins today.
EOS
EOS is currently selling for $17.85. This puts the coin down 4.40% in the past twenty-four hours. EOS is the 5th largest cryptocurrency, with a market cap of $14.89 billion.
Source: CoinMarketCap
EOS is an alternative cryptocurrency that made waves in April. In fact, prices rallied in the run-up to the 15th of April. Prices then stayed bid throughout the entire month. On April 29, the coin hit its all-time high, selling for $22.89. Furthermore, it was recently announced that the Cryptopia exchange will commence listing EOS on its trading platform.
EOS has scheduled its potential mainnet launch for June 2. This alone has caused the coin to receive attention from traders, so it’s interesting to see the coin down Thursday.
Tron (available on Binance) (TRX)
Tron (available on Binance) (TRX) is currently selling for $0.087520. This puts Tron (available on Binance) (TRX) down 3.59% in the past twenty-four hours. Tron (available on Binance) (TRX) is the 10th largest cryptocurrency, with a market cap of $5.75 billion.
Source: CoinMarketCap
The Tron (available on Binance) Foundation has a lot going on this month. Its mainnet migration is set for May 31, while its virtual machine run is scheduled for May 25. Various exchange platforms have recently added supported for the migration, including Gate.io.
Meanwhile, it was announced yesterday that Tron (available on Binance) (TRX) will be listed on CoinTiger. The following trading pairs will be available tomorrow: TRX/BTC, TRX/ETH, and TRX/BITCNY. The news was posted on the Tron (available on Binance) (TRX) Twitter page and it has received mixed opinions back, with some saying “thank you” and others saying Tron (available on Binance)’s market cap “isn’t big enough”.
Stellar (XLM)
Stellar (XLM) is currently selling for $0.437029. This puts the coin down 0.44% in the past twenty-four hours. Stellar (XLM) is currently ranked as the 8th largest cryptocurrency, with a market capitalization of $8.12 billion.
Source: CoinMarketCap
Like EOS and Tron (available on Binance), Stellar has had a fairly busy week, announcement-wise. On Tuesday, Stellar hosted a blockchain and fintech meeting in Dubai. Furthermore, on Tuesday, LiteBit announced that it listed Stellar (XLM). The day before, LiteBit listed Tron (available on Binance) (TRX).
The EOS, Tron (available on Binance) (TRX), and Stellar (XLM) Takeaway
How do you feel about how the crypto markets are performing today? Are you surprised to see the majority of the coins up and EOS, Tron (available on Binance) (TRX), and Stellar (XLM) down?
Featured Image: Twitter
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