22 Jun 2018 Anthony Lehrman
Monero and Stratis in a Heavy Race for a Top 10 Ranking
Dislodging one another four times in the last four days, Monero is not ready to give up, yet.
Looking at its rival, Stratis, the wallet issues of the coin is not enabling the easy recovery of the token’s price. The market watch saw a significant value drop from the $11 range to nearly $6.90.
Monero, on the other side, didn’t manage to keep its price at the $50 mark, moving down to $46.87. Monero has not been consistent in the last months, gradually decreasing its ranking from sixth to out of the big ten.
Thursday’s market saw STRAT up by 1.61% and a market cap of over $695,000. Monero, on the other side, was down by 2.52% and a market cap of $687,657,810.
The lead of Stratis coin steadily makes it the leader, suggesting that Monero won’t be able to recover easily. However, due to the unpredictability of the crypto market, where significant changes happen in seconds, Monero might make an impressive recovery soon.
The success of Stratis didn’t manage to maintain long momentum, as cryptos like IOTA and BitShares make the top race even more intense. This isn’t expected to help Monero either, as it could lead to further trouble for its ranking.
Currently, Stratis takes the tenth place with regards to its value on the crypto market, leaving the challenge open to Monero to prove its value in the crypto world.