Basic Attention Token surpasses Vechain to take the 27th position
The weekend has been good for the cryptocurrency markets. Bitcoin crossed $9,000 after one year and two months, and altcoins have followed as well. This mini bull run also caused the ranking of cryptocurrencies to shift and that includes Basic Attention Token (BAT) and VeChain.
BAT surged by more than 4% on the early hours Sunday, causing it to surpass VeChain and take the 27th position in terms of market capitalization. VeChain on the other hand only increased by 0.77%. BAT also surpasses VeChain in terms of the trading volume. The trading volume of BAT is currently $55 million while VeChain has a trading volume of $22 million.
VeChain is an enterprise blockchain solution. Although VeChain is an enterprise solution, the company is currently focussed on the supply chain management industry. The company partnered with big industry names such as Louis Vuitton.
BAT is currently trading at $0.35 and has a market cap of $446 million currently and VeChain is trading at$0.007 and has a market cap of $408 million.
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