TRON (TRX) Trading 0.7% Higher This Week

TRON (TRX) traded 0.9% lower against the US dollar during the 24-hour period ending at 11:00 AM Eastern on September 25th. TRON has a total market cap of $10.80 billion and approximately $276.56 million worth of TRON was traded on exchanges in the last 24 hours. One TRON coin can currently be bought for $0.15 or 0.00000237 BTC on popular cryptocurrency exchanges. Over the last seven days, TRON has traded 0.7% higher against the US dollar.

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

• Tezos (XTZ) traded up 2% against the dollar and now trades at $0.71 or 0.00001114 BTC.
• Terra Classic (LUNC) traded up 2.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 1.7% against the dollar and now trades at $0.40 or 0.00000629 BTC.
• Terra (LUNA) traded up 3.2% against the dollar and now trades at $0.40 or 0.00000622 BTC.
• GXChain (GXC) traded down 2.1% against the dollar and now trades at $0.34 or 0.00000535 BTC.
• Adshares (ADS) traded up 1.8% against the dollar and now trades at $0.21 or 0.00000330 BTC.
• BitShares (BTS) traded 2.5% lower against the dollar and now trades at $0.0019 or 0.00000003 BTC.

TRON Profile

TRON (CRYPTO:TRX) uses the hashing algorithm. It was first traded on September 26th, 2017. TRON’s total supply is 86,643,549,802 coins and its circulating supply is 71,659,659,264 coins. The Reddit community for TRON is https://reddit.com/r/tronix and the currency’s Github account can be viewed here. TRON’s official Twitter account is @trondao and its Facebook page is accessible here. The official website for TRON is trondao.org. TRON’s official message board is medium.com/@tronfoundation.

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 possible to buy alternative cryptocurrencies such as TRON directly using U.S. dollars. Investors seeking to acquire TRON should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy TRON using one of the aforementioned exchanges.

TRX/USD price chart by TradingView