<p><center><img src="https://mediashower.com/img/52D1D5D0-1211-11E8-9B8E-96A704C24EF8/bigstock-Neon-Glowing-Tron-trx-Coin-I-230039689_600x.jpg" style="width: 582px; height: 363.75px;" class="fr-dib"></center></p>

<p>TRON (TRX) was created after a successful initial coin offering in 2017. The currency is <a href="https://tron.network/enindex.html">self-described</a> as"a decentralized content entertainment platform based on blockchain technology". </p>

	<p>Tron&#39;s main focus is on the entertainment industry. It was designed as a decentralized platform to provide content by combining peer-to-peer and blockchain technologies.</p>

	<p><a href="https://steem.io/">Steem</a> (STEEM) also has a focus on content. It was created in 2016 and has grown to be a popular currency for investors. This is largely due to it social media platform <a href="https://steemit.com/">Steemit</a>, which uses Steem to reward its users when they contribute to it.</p>

	<p>This article examines the defining characteristics of Tron and Steem, and what attracts investors to both currencies.</p>

<table>
	<tbody>
		<tr>
			<td style="width: 33.245%;" width="33.333333333333336%">
				<br>
			</td>
			<td style="width: 33.2451%;" width="33.333333333333336%"><strong>TRON</strong>
				<br>
			</td>
			<td width="33.333333333333336%"><strong>Steem</strong></td>
		</tr>
		<tr>
			<td style="width: 33.245%;" width="33.333333333333336%">Utility</td>
			<td style="width: 33.2451%;" width="33.333333333333336%">Reward for sharing content</td>
			<td width="33.333333333333336%">Reward for contributing to &nbsp;Steemit platform</td>
		</tr>
		<tr>
			<td style="width: 33.245%;" width="33.333333333333336%">Circulating Supply</td>
			<td style="width: 33.2451%;" width="33.333333333333336%">Just over 65 Billion&nbsp;</td>
			<td width="33.333333333333336%">Above $250 million</td>
		</tr>
		<tr>
			<td style="width: 33.245%;" width="33.333333333333336%">Total Supply</td>
			<td style="width: 33.2451%;" width="33.333333333333336%">100 billion</td>
			<td width="33.333333333333336%">$268 million</td>
		</tr>
		<tr>
			<td style="width: 33.245%;" width="33.333333333333336%">Community</td>
			<td style="width: 33.2451%;" width="33.333333333333336%">Large</td>
			<td width="33.333333333333336%">Large</td>
		</tr>
		<tr>
			<td style="width: 33.245%;" width="33.333333333333336%">Market Capitalization</td>
			<td style="width: 33.2451%;" width="33.333333333333336%">$2 billion
				<br>
			</td>
			<td width="33.333333333333336%">Just over $500 million
				<br>
			</td>
		</tr>
		<tr>
			<td style="width: 33.245%;" width="33.333333333333336%">Daily Trading Volume</td>
			<td style="width: 33.2451%;" width="33.333333333333336%">$147 million
				<br>
			</td>
			<td width="33.333333333333336%">$2.3 million</td>
		</tr>
		<tr>
			<td style="width: 33.245%;" width="33.333333333333336%">Public Awareness</td>
			<td style="width: 33.2451%;" width="33.333333333333336%">Growing
				<br>
			</td>
			<td width="33.333333333333336%">Low</td>
		</tr>
	</tbody>
</table>

<h2>Utility</h2>

<p>Tron provides a peer-to-peer payment option for its users. However, its main focus is allowing its users to create applications, content, and websites without using centralized services. </p>

	<p>Similarly, Steem provides a decentralized peer-to-peer payment option for its holders. Like Tron, it does not just function as a digital currency. Steem also rewards its customers with its currency when they contribute on the Steemit platform.</p>

	<h2>Supply</h2>

<p>According to CoinMarketCap, Tron has a total circulating supply of just over 65 billion, and a total supply of 100 billion.</p>

	<p>In comparison, Steem has a circulating supply of around 253 million and a total supply of just over 270 million.</p>
	<h2>Community</h2>

<p>Tron currently occupies a respectable 15th spot on the global coin ranking list. This is an impressive return considering its short existence.</p>

	<p>Tron&#39;s popularity could rise even further after the launch of <strong>Tron Main Net</strong> on <a href="https://medium.com/@Tronfoundation/trons-first-beta-version-exodus-will-be-launched-on-march-31-bee6095e59f1">March 31, 2018</a>. The new Tron network will move Tron away from Ethereum, and provide exciting new features such as cheap transactions and smart contracts.</p>

<p>While Steem is not ranked as highly, the popularity of Steemit has provided it with a community of users that continues to <a href="https://steemit.com/utopian-io/@ekonugraha/number-of-steem-user-accounts-by-country">grow globally</a>. The social media network is well known among investors and public awareness in growing, albeit it more slowly than <a href="https://steemit.com/utopian-io/@ekonugraha/number-of-steem-user-accounts-by-country">Tron</a>.</p>

<p><center><img src="https://mediashower.com/img/52D1D5D0-1211-11E8-9B8E-96A704C24EF8/bigstock-Newton-Cradle-Made-Of-Gold-Ste-229091491_600x.jpg" style="width: 586px; height: 199.24px;" class="fr-dib"></center></p>

<h2>Market Capitalization</h2>

<p>TRON &nbsp;has an impressive market capitalization of $2 billion, according to CoinMarketCap. In comparison, Steem has a market capitalization at just above $700 million. </p>

	<h2>Daily Trading Volumes</h2>

<p>At the time of writing, TRON enjoyed a 24-hour trading volume of $147 million. In comparison, CoinMarketCap shows Steem&#39;s daily trading volume at &nbsp;$2.3 million.</p>

	<h2>Public Awareness</h2>

<p>While not as popular as bitcoin, the public awareness around Tron is becoming hard to ignore. The upcoming launch of its network and its <a href="https://globalcoinreport.com/tron-prospect-future-cryptocurrency-market/">focus&nbsp;</a>on the gaming network could lead to further publicity around the currency.</p>

	<p>While Steem has cemented itself in the world of digital currencies, it still has a low public awareness.</p>

	<h2>What To Take Away</h2>

<p>Tron and Steem are both performing well in the digital currency market, with Tron currently on top. While they offer different features, they are similar in that they both have a focus on content.</p>

	<p>The innovation behind Steem&#39;s social media concept continues to see its stock rise globally, while Tron&#39;s focus on the entertainment industry could provide endless possibilities for the new currency.</p>

	<p>Tron and Steem both represent clever and innovative blockchain developments. They are prime examples of the potential that blockchain technologies offer, and not just in the world of finance.</p>

	<p>To keep up-to-date with all the top digital currencies and blockchain developments, sign up for the <a href="https://mediashower.com/ce2/66094/2052/10622">Bitcoin Market Journal investor newsletter</a> today!</p>