TRON Tops 24 Hour Trading Volume of $213.35 Million (TRX)

TRON (TRX) traded up 0.4% against the US dollar during the 1 day period ending at 22:00 PM ET on October 6th. One TRON coin can now be purchased for $0.15 or 0.00000242 BTC on popular cryptocurrency exchanges. TRON has a market capitalization of $11.04 billion and approximately $213.35 million worth of TRON was traded on exchanges in the last 24 hours. In the last seven days, TRON has traded 0.9% lower against the US dollar.

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

• Tezos (XTZ) traded 2% higher against the dollar and now trades at $0.68 or 0.00001071 BTC.
• Terra Classic (LUNC) traded 1.9% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 2.2% against the dollar and now trades at $0.38 or 0.00000599 BTC.
• Terra (LUNA) traded up 2.3% against the dollar and now trades at $0.39 or 0.00000607 BTC.
• GXChain (GXC) traded 8.8% lower against the dollar and now trades at $0.35 or 0.00000544 BTC.
• Adshares (ADS) traded 2.9% higher against the dollar and now trades at $0.21 or 0.00000324 BTC.
• BitShares (BTS) traded up 0.7% against the dollar and now trades at $0.0019 or 0.00000003 BTC.

TRON Coin Profile

TRON (TRX) uses the hashing algorithm. Its launch date was September 26th, 2017. TRON’s total supply is 86,582,947,923 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. TRON’s official website 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.”

TRON Coin Trading

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

TRX/USD price chart by TradingView