TRON flips SHIBA INU in market capitalization, 5.8 billion TRX burned
With a present market valuation of $7.4 billion, TRON now ranks as the 14th largest cryptocurrency, just ahead of SHIBA INU’s market cap of $6.83 billion.
In order to maintain the momentum, TRON has been burning TRX tokens steadily. According to a Twitter announcement, over 5.8 billion TRX tokens valued at nearly $462 million have been burned.