Over the past week, the community has been actively discussing the loss of market capitalization by the Tron token and its shift to 12th position in the top cryptocurrencies. The token's founder, Justin Sun, stated that it will take at least six months to return the token to the top ten. The token is currently ranked eleventh according to Coinmarketcap and is trading at $0.02255 at the time of writing.
Recall that at one time the launch of the first gaming decentralized application TRONbet allowed the token to overtake ethereum, the second largest cryptocurrency in the world.
In a recent interview with CoinCentral, the CEO and founder of the Tron Foundation said that his favorite cryptocurrencies, besides Tron, are Bitcoin and Ethereum. Justin Sun does not hide his attitude towards other cryptocurrencies, for example, when the price of the XRP token rose by more than 70% after the launch of the XRapid service, Sun congratulated the Ripple company on his Twitter page.
The reasons why Justin distinguished these particular cryptocurrencies, in addition to their impressive history and capitalization, are that Bitcoin has always been “for many a gateway to the world of blockchain technologies and has perfectly demonstrated its potential,” and Ethereum "first to use blockchain for applications."
According to Justin Sun, he has always liked Ethereum, although he would really like to see TRX always surpass ETH in market capitalization, as it did on October 18 pafter the launch of TRONbet.
According to zycrypto.com
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