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Altcoin Gainers Today | EOS, Tron (TRX), & VeChain (VET)

Only a handful of coins in the top 100 cryptocurrencies are seeing losses on the market this morning. After a rough start to August, it seems the market has begun correcting itself again. At press time, Bitcoin (BTC) is trading just below $6,500 and Ethereum has just passed the $300 threshold.

EOS, Tron (TRX), and VeChain (VET) are all altcoin gainers today – let’s take a closer look at their prices and latest project updates.

Altcoin Gainers Today: EOS

EOS was passed by Stellar earlier this week for the fifth largest cryptocurrency by total market cap. However, the cryptocurrency has gained momentum in the last 24 hours and is back to fifth.

Block.one, the software publisher that designed EOS, is currently holding its EOS global hackathon to incentivize dApps to be built on top of EOS. Two of the competitions have already been completed and two more are set to occur in the next coming months.

Block.one will release the dates for the fifth ‘finale’ hackathon in December. The top three winners from each hackathon will compete in the grand finale.

At press time, EOS is currently trading at $4.86 a coin, up 3.22% in 24 hours.

Tron (TRX)

Tron recently dropped to the 12th largest cryptocurrency by total market cap, but has received a boost on the market today and is seeing over 10% gains.

Justin Sun, Tron’s founder, just made the announcement that his project has just completed the acquisition of Blockchain.org. The coin’s boost must be due to this announcement just three hours ago.

>> After Months of Waiting, JD.com Launched its Blockchain Platform and Mobile App

At press time, TRX is trading at $0.0215 a coin, up 10.34% in 24 hours.

VeChain (VET)

This morning, VeChain is among the top coins with the most gains on the market.

Yesterday, the VeChain Foundation put out this announcement but there doesn’t seem to be a clear indication why the coin has spiked so rapidly. The usual ‘pump’ tweets are all over Twitter but those are to always be ignored.

At press time, VET is trading at $0.0149 a coin, up 48.35% in 24 hours.

Featured Image: Depositphotos/© SIphotography

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Tron [TRX] & VeChain Thor [VEN] [VET] Fall Despite Big Movements – Crypto Currency News

Tron [TRX] & VeChain Thor [VEN] [VET] – The total cryptocurrency market has fallen below the $300 billion mark again – hitting a year-low reached back on April 1st. However, this time last year, the entire market cap was just over $100 billion. Will it drop below $200 billion again? We shall see.

At press time, Bitcoin (BTC) is trading at $6,748.79 a coin, down –4.45%, in 24 hours. Ethereum is trading at $473.70 a coin, down -10.03% and Ripple (XRP) is trading at $0.531 a coin, down -8.54%, in 24 hours.

Let’s take a look at two altcoins on the market that have taken a large price hit today, despite steady progress made on their projects.

Tron [TRX]

Tron has been making steady progress since its main net launch at the end of May. However, its price has yet to reflect the progress the Tron Foundation has made. The TRX ERC20 token migration is set for next week on the 21st and will end on the 25th.

Source: CoinMarketCap

At press time, TRX is trading at $0.0405 a coin, down -12.32%, in 24 hours time. For the week, TRX is down -32.1%, and for the month, the coin is down -45.78%.

>> Tron Main Net Launch

VeChain Thor [VEN] [VET]

VeChain Thor just launched their test net last week. The VeChain Foundation announced its rebranding back in late-February, but the new whitepaper and development plan of VeChain Thor was published in late-May.

It’s VEN/VET token swap will take place soon, as well as the public main net launch.

Source: CoinMarketCap

At press time, VEN is trading at $2.81 a coin, down -15.08%, in 24 hours. For the week, VEN is down -30.44%, and for the month, the digital token is down -34.49%.

Featured Image: Thinglink

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