BNB flips over TRX, green comes back to top 10

01 Mar, 2019
by Alberto Arnaldo
Price Action
BNB flips over TRX, green comes back to top 10

Prices have been moving some over the last few hours, with a flippening in the lower part of the top 10 cryptos.

Global market capitalization has been on the rise today, reaching the area of $132 billion from a starting point of $130 billion 24 hours ago, according to data from CoinMarketCap.

Bitcoin price is looking upwards again with a gain of 0.5% at writing time, althoug it still sits on the same range as about 5 days ago, when it descended suddenly from its first incursion above $4,000 since early January. 

Just a few weeks after making it into the 10 cryptocurrencies with the highest market capitalization, Binance Coin (BNB) has climbed another step on the ranking. Its gains of over 10% at writing time for the last 24 hours have allowed it to reach a market cap of $1.62 billion, for only $1.59 billion in the case of Tron (TRX).

Meanwhile Changpeng Zhao, CEO of Binance, has retweeted a message from @CryptosBatman celebrating the event, Justin Sun remain silent in so far about it.

Regarding the rest of the tokens in the first 100 positions by market cap, Huobi Token and Power Ledger are the best performers of the day, with gains of 17.38% and 13.4% respectively, at writing time.

The red part of the top 10 is currently only composed by about 25 coins, with ABBC Coin leading the losses at 10.2%, followed at some distance by REPO with a price decrease of around 3%.

Read more: #DeleteCoinbase movement gaining traction as more people close accountsCZ brags about BNB and compares it to a stable coin in latest tweet

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Are you bullish on BNB?

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there are decent stable coins like BNB. however scam projects like PAX make me keep away from this market so far
04 Mar, 2019 - 16:04
BNB is one of the most promising stable coins. but trader have to be aware of many scam and frauds like gemini token for example
07 Mar, 2019 - 10:21

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