TRON Price Tops $0.13 on Major Exchanges (TRX)

TRON (TRX) traded 4.7% lower against the dollar during the 24-hour period ending at 23:00 PM ET on July 30th. One TRON coin can currently be purchased for approximately $0.13 or 0.00000198 BTC on cryptocurrency exchanges. TRON has a total market capitalization of $9.39 billion and $281.28 million worth of TRON was traded on exchanges in the last 24 hours. During the last seven days, TRON has traded 2.3% lower against the dollar.

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

• Tezos (XTZ) traded down 0.7% against the dollar and now trades at $0.75 or 0.00001136 BTC.
• Terra Classic (LUNC) traded 2.9% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded down 2.5% against the dollar and now trades at $0.40 or 0.00000598 BTC.
• aelf (ELF) traded down 2.9% against the dollar and now trades at $0.38 or 0.00000578 BTC.
• GXChain (GXC) traded 2.2% higher against the dollar and now trades at $0.36 or 0.00000540 BTC.
• Adshares (ADS) traded 3.5% lower against the dollar and now trades at $0.30 or 0.00000455 BTC.
• BitShares (BTS) traded down 1.8% against the dollar and now trades at $0.0022 or 0.00000003 BTC.

About TRON

TRON uses the hashing algorithm. Its genesis date was September 26th, 2017. TRON’s total supply is 87,046,516,212 coins and its circulating supply is 71,659,659,264 coins. 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. 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.”

Buying and Selling TRON

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

TRX/USD price chart by TradingView