China has been stepping up its game in the cryptocurrency industry, and the recent demonstration of power by banking officials and the country’s President has been a testament to that fact. In the latest rank list released by China’s CCID, several of the not-so-famous cryptocurrencies topped the list while the major ones had fallen off their perches.
Misha Lederman, a famous Tron enthusiast and CCO of BeatZCoin had recently tweeted:
“#TRON regains 2nd place in China’s CCID 14th world ranking of blockchains – 1st among Chinese blockchains. As President Xi has called for China to accelerate #blockchain investment & development, take into account that CCID is directly under the Ministry of Industry & Information.”
The list analyzed cryptocurrencies based on the underlying technology, applicability, and creativity, and only the number one ranked EOS had a fundamental tech score of more than 100. EOS topped the list with a fundamental technology score of 103.7, an applicability score of 19.4, and a creativity score of 28.7.
Tron, the cryptocurrency from the Justin Sun founded Tron Foundation, regained its second place after it had lost it to Ethereum the year before. TRX had a basic tech score of 94.2, the list thighs 28.4 in applicability score and a creativity score of 18.4. This brought the total index score for Tron to 141. The world’s second-largest cryptocurrency Ethereum came in last on the podium with an overall index score of 135.8. Despite the third place, it had the lowest basic tech score in the top 5 at 75.4.
Tron was also in the news recently when Justin Sun announced that the Tron Foundation would be partnering with an unnamed “mega-corporation.” Sun had tweeted:
“TRON will partner with a hundred billion USD megacorporation next week. It will not only benefit $TRX but all TRC10&20 tokens including $BTT & $WIN etc. It will broadly distribute TRON Dapps and tokens to billions of customers. TBA. Make a guess?”
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