How Tron $TRX Surpassed Dogecoin $DOGE
Tron had already surpassed Dogecoin in market capitalization about two weeks ago, but at that time, the result could not be secured. According to CoinGecko, the market value of TRX is $25.93 billion, while Dogecoin is $25.13 billion.
The growth of USDT transactions in the TRON network across different economies of the world strengthens Tron's status as an important global payment system.
"Tron is not about third-world countries. USDT on TRON supports real payments in both developed and developing economies. The use of stablecoins has indeed become global," reported the Tron DAO team.
Since May, TRX has grown by 12%, while Dogecoin has fallen by more than 30% due to decreased interest in meme coins. Against this backdrop, the weekly trading volume of DOGE has decreased by more than 80%, highlighting a shift in investor preferences towards assets with real utility. $GPS