TRON (TRX) Self Reported Market Capitalization Achieves $9.24 Billion

TRON (TRX) traded up 0.7% against the US dollar during the 24-hour period ending at 7:00 AM E.T. on July 3rd. TRON has a total market capitalization of $9.24 billion and approximately $292.69 million worth of TRON was traded on exchanges in the last day. One TRON coin can now be bought for $0.13 or 0.00000214 BTC on major cryptocurrency exchanges. Over the last week, TRON has traded 3.7% higher against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• Tezos (XTZ) traded down 2.6% against the dollar and now trades at $0.77 or 0.00001281 BTC.
• Terra Classic (LUNC) traded 3% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 4% lower against the dollar and now trades at $0.41 or 0.00000675 BTC.
• aelf (ELF) traded 4.7% lower against the dollar and now trades at $0.33 or 0.00000553 BTC.
• GXChain (GXC) traded up 0.1% against the dollar and now trades at $0.35 or 0.00000588 BTC.
• Adshares (ADS) traded down 2.7% against the dollar and now trades at $0.39 or 0.00000646 BTC.
• BitShares (BTS) traded 5.6% lower against the dollar and now trades at $0.0022 or 0.00000004 BTC.

TRON Coin Profile

TRON (CRYPTO:TRX) uses the hashing algorithm. Its genesis date was September 26th, 2017. TRON’s total supply is 87,183,360,418 coins and its circulating supply is 71,659,659,264 coins. TRON’s official Twitter account is @trondao and its Facebook page is accessible here. TRON’s official message board 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. The official website for TRON is trondao.org.

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 U.S. dollars. Investors seeking to trade TRON should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. 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