TRON Hits 24 Hour Volume of $644.83 Million (TRX)

TRON (TRX) traded 0.9% lower against the US dollar during the 24-hour period ending at 7:00 AM E.T. on July 5th. TRON has a total market capitalization of $8.99 billion and $644.83 million worth of TRON was traded on exchanges in the last day. During the last week, TRON has traded 2.4% higher against the US dollar. One TRON coin can currently be purchased for about $0.13 or 0.00000227 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• Tezos (XTZ) traded 7.1% lower against the dollar and now trades at $0.67 or 0.00001216 BTC.
• Terra Classic (LUNC) traded 10.1% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded down 12.4% against the dollar and now trades at $0.33 or 0.00000603 BTC.
• aelf (ELF) traded down 7.1% against the dollar and now trades at $0.31 or 0.00000553 BTC.
• GXChain (GXC) traded up 0.4% against the dollar and now trades at $0.34 or 0.00000612 BTC.
• Adshares (ADS) traded 7.7% lower against the dollar and now trades at $0.34 or 0.00000622 BTC.
• BitShares (BTS) traded 3.3% lower against the dollar and now trades at $0.0020 or 0.00000004 BTC.

TRON Profile

TRON (CRYPTO:TRX) uses the hashing algorithm. Its genesis date was September 26th, 2017. TRON’s total supply is 87,169,344,730 coins and its circulating supply is 71,659,659,264 coins. TRON’s official message board is medium.com/@tronfoundation. TRON’s official Twitter account is @trondao and its Facebook page is accessible here. The official website for TRON is trondao.org. The Reddit community for TRON is https://reddit.com/r/tronix and the currency’s Github account can be viewed 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.”

Buying and Selling TRON

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

TRX/USD price chart by TradingView