Cardano and Tron Fight for Top 10 Spot – Cardano Favored

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Cardano vs Tron

It seems the battle for top ten crypto spot is heating up. From the previous years, it was easier to bump into a top 10 spot without much worry of being over taken. Now with the addition of stablecoins, forks and third generation products, the top ten seem a bit cluttered.

Specifically, there are 2 forks of Bitcoin in the top 10 (Bitcoin Cash and Bitcoin SV), one native exchange currency (Binance Coin), and one stable coin (Tether).

Real Top 10 Cryptos

By removing these assets, here is your real top 10 cryptos:

  1. Bitcoin
  2. Ethereum
  3. XRP
  4. Litecoin (Arguably another Bitcoin Fork)
  5. EOS
  6. Cardano
  7. TRON
  8. Stellar (Fork of XRP)
  9. Monero
  10. Dash

Nothing should be considered investment or financial advice. Enjoy the ride.

Tron and Cardano News

Both Tron and Cardano have huge followings and great potential. Tron is heavily characterized by its shill prone CEO, Justin Sun, who constantly makes announcements about announcements. Most recently, Justin won a bid to host and attend a lunch with Berkshire Hathaway majority share holder and investor, Warren Buffet. Justin’s aim is to educate Warren through an audience with the legendary investor in the hopes of turning his opinion of cryptocurrency.

Warren has historically been a large critic of the crypto industry saying that it is only time before the scam falls apart. Ironically, Warren has missed out on many amazing tech opportunities and investments in his career, so he does not have a good track record on the subject matter. Although Warren’s track record is poor, he is still a well sought after investor due to his position and influence.

Cardano News

Cardano on the other hand is spearheaded by their stable and poised leader, Charles Hoskinson. Most recently, Cardano has had two amazing announcements. First is the successful launch of the Shelly test net for single node staking. The second piece of news is related to the signed agreement with the country of Georgia to build a simple and efficient payment network. The proposed payment network will be a cross between ATALA and Cardano, but it will probably be a private chain in order to protect the sensitive underlying information. The idea is to tie the payment network into the Cardano eco-system.

Charles Hoskinson and Justin Sun

Besides development and news, I want to focus on these two industry leaders and discuss the differences in their tactics and marketing strategies.

A important aspect of the appeal to TRON is Justin’s charismatic approach to marketing and breaking news. Ironically, his shilling is constantly creating additional exposure from ridicule and humor than intentionally planned. This is a brilliant strategy and is very similar to the Donald Trump approach. Be so outrageous that everyone has to talk about you and your project. Only time will tell if this pans out for him or if the market turns on the constant barrage.

Charles, on the other hand, does the exact opposite of Justin Sun. Charles is a melodic and thoughtful man with a clear passion for people. Over the last four years, Charles has traveled to over 52 countries not shilling his product, but learning about real world problems. Through this he has been able to build a network that the Cardano eco-system can utilize later on in development. With Georgia as the first test case, time will tell if Charles’ time was well spent. The main downfall with Cardano is the continual reworked road map which has constantly pushed back developments and products.

Cardano or Tron?

Clearly, there will only be one winner for the top 10 spot. Honestly, both of the projects are too early on to make one a clear crowd favorite, but if I had to choose one it would be Cardano. The delays in updates and main net have led many ADA bag holders to hedge into other assets. Although depending on your view, this can either be a great time to enter or a dying project. Tron is a close second with just as much potential as Cardano in my opinion.

One thing is probably true, neither of these coins will disappear before the next bull run and each one should provide exceptional returns granted Bitcoin makes another parabolic run. If you are risk adverse, invest in both and hedge your bets.

In full disclosure, I do own ADA and TRX.

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