TRON (TRX) Price Tops $0.11 on Major Exchanges

TRON (TRX) traded up 0.9% against the US dollar during the 24-hour period ending at 19:00 PM Eastern on April 23rd. TRON has a market cap of $8.12 billion and approximately $272.19 million worth of TRON was traded on exchanges in the last 24 hours. One TRON coin can now be purchased for about $0.11 or 0.00000171 BTC on cryptocurrency exchanges. In the last week, TRON has traded up 1.4% against the US dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• Tezos (XTZ) traded down 1.9% against the dollar and now trades at $1.05 or 0.00001578 BTC.
• Terra Classic (LUNC) traded 0.4% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded down 0.5% against the dollar and now trades at $0.67 or 0.00001007 BTC.
• aelf (ELF) traded up 2.8% against the dollar and now trades at $0.60 or 0.00000911 BTC.
• GXChain (GXC) traded up 2.6% against the dollar and now trades at $0.43 or 0.00000645 BTC.
• Adshares (ADS) traded up 0.4% against the dollar and now trades at $0.43 or 0.00000655 BTC.
• BitShares (BTS) traded down 0.8% against the dollar and now trades at $0.0033 or 0.00000005 BTC.

TRON Profile

TRON (TRX) uses the hashing algorithm. Its launch date was September 26th, 2017. TRON’s total supply is 87,581,062,604 coins and its circulating supply is 71,659,659,264 coins. The official message board for TRON is medium.com/@tronfoundation. The Reddit community for TRON is https://reddit.com/r/tronix and the currency’s Github account can be viewed here. TRON’s official website is trondao.org. TRON’s official Twitter account is @trondao and its Facebook page is accessible here.

According to CryptoCompare, “Tron (TRX) is a decentralized blockchain platform that offers high scalability and availability for decentralized applications (DApps). It has a native cryptocurrency, TRX, which was originally an ERC-20 token on the Ethereum blockchain. Tron aims to create a decentralized internet and its infrastructure, and supports smart contracts with a number of decentralized apps built on top of its network. Its decentralized finance (DeFi) ecosystem has billions in total value locked. The Tron network uses a delegated Proof-of-Stake (dPoS) algorithm, with TRX token holders delegating transaction validation to 27 “super representatives.” Tron was created by Justin Sun and launched in 2017, migrating to its own blockchain in 2018. TRX is used to pay for transaction fees on the Tron blockchain, can be staked for earnings, and is used in the Tron DeFi ecosystem for financial services.”

TRON Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as TRON directly using US dollars. Investors seeking to acquire TRON should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy TRON using one of the exchanges listed above.

TRX/USD price chart by TradingView