EOS (EOS), Tron (TRX) and Stellar (XLM) Prices Drop – Current State of the Cryptos
Most top ten coins are in the green by market cap and the only significant exceptions are EOS (EOS), Tron (TRX) and Stellar (XLM).
EOS is the 5th largest crypto and it boasts a market cap of $14.89 billion. EOS is trading at $17.85 and this means that the coin dropped by 4.40% in the past 24 hours.
The alternative crypto made some pretty significant waves during April. Its prices rallied in the run-up to the 15th of April and then they remained bid during the whole month. EOS hit its all-time high on April 19, trading at $22.89. Another significant move worth noting is that Cryptopia exchange will list the crypto on its exchange platform.
— Cryptopia Exchange (@Cryptopia_NZ) May 3, 2018
EOS is preparing for its potential Main Net launch on June 2 and this was one of the reasons for which the coin got increased attention from traders.
Tron (TRX) is currently trading at $0.087520 and this means that the coin fell by 3.59% in the last 24 hours. Tron is placed on the 10th position and it has a market cap of $5.57 billion.
Tron will be really busy this month especially since its Main Net migration is scheduled for May 31. Its virtual machine run will take place on May 25. There are a lot of exchange platforms that have recently added support for the migration and they include Gate.io.
Another good news hit the crypto just a couple of days ago. TRX will be listed on CoinTiger. And starting today, the following new trading pairs will be available: TRX/BTC, TRX/ETH, and TRX/BITCNY.
Stellar (XLM) is currently trading at $0.437029 and this means that the coin also went down by 0.44% over the past day. Stellar is ranked as the 8th largest crypto and it has a market cap of about $8.12 billion.
The crypto had quite a busy week as well and important announcements have been made. This Tuesday, May 1st, Stellar hosted a blockchain and fintech meeting in Dubai and LiteBit revealed that it listed the coin.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.