There is no doubt that 2017 was a good year for virtual currencies, because their market capitalization of $ 18 billion increase in the beginning of 2017 to around $ 800 billion at the beginning of the year 2018.
Unfortunately, experienced the market after the rush on all the major crypto currencies in a tremendous slump, as the prices of almost all the virtual currencies fell, which is why the market reached the capitalization at the beginning of April 2018 to an all-time low of 254 billion US dollars.
However, crypto-currencies have to fight through partnerships and the high availability of more and more stock exchanges slowly on the way to the top.
If there is a measurement on how strongly a subject arouses the interest of the virtual world, Google is the first place to search. And according to Google 2018 TRON (TRX) and Ripple (XRP) in June, probably the most popular virtual currencies.
Google Trends works by period displays the number of Searches within a certain time. It can also be used to identify the origin of the Search. Therefore, Google Trends is an important indicator of how large the General curiosity of the General Public.
On the basis of the June data published, we take a look at the Trends of search queries, which refer to the fact that Ripple (XRP) and Tron (TRX) in the crypto currency space is becoming more and more popular.
Ripple is not an ordinary virtual currency, but focuses on the solution of the complications associated with only one market, the international payment transfer market. Ripple was created in 2012 with the idea to make cross-border transactions quickly and conveniently.
Advantages of Ripple
Traditional international financial institutions typically require about five days to complete a transaction, while Ripple needed a few seconds to do the same task. In addition, the cost in comparison to other virtual currencies, and financial institutions are significantly lower.
Disadvantages of Ripple
Since the Tron Foundation holds about half of the available tokens is titled the currency, often as a centralized System. The core idea behind virtual currencies, it was to provide but always in a decentralized System.
Even if Ripple is longer, it has since 2. Quarter of 2017, hoping for strong growth. Since then, Ripple to become the third most valuable currency has grown, with an impressive market capitalisation of around USD 20 billion.
According to the latest Google Trends search information Bitcoin is still the most sought after virtual currency in the world, although it has lost in the first and second quarter of the year 2018.
TRON is one of the crypto currencies that expire bitcoin’s dominance, according to the June statistics are trying to rank. TRON was one of the four Altcoins, which made it among the most sought-after currencies.
Tron secured behind EOS and NEO the 3. Place as the most sought-after crypto in the USA.
Image courtesy of Pixabay.
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