TRON (TRX) Tops One Day Volume of $295.18 Million

TRON (TRX) traded up 2.6% against the US dollar during the 1-day period ending at 20:00 PM ET on September 7th. In the last week, TRON has traded 3.6% lower against the US dollar. TRON has a total market cap of $10.88 billion and approximately $295.18 million worth of TRON was traded on exchanges in the last day. One TRON coin can currently be bought for approximately $0.15 or 0.00000281 BTC on major cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Tezos (XTZ) traded up 1.2% against the dollar and now trades at $0.61 or 0.00001118 BTC.
• Terra Classic (LUNC) traded up 0.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 1% against the dollar and now trades at $0.35 or 0.00000648 BTC.
• Terra (LUNA) traded up 0.9% against the dollar and now trades at $0.32 or 0.00000600 BTC.
• GXChain (GXC) traded 6.4% lower against the dollar and now trades at $0.30 or 0.00000562 BTC.
• Adshares (ADS) traded up 0.3% against the dollar and now trades at $0.21 or 0.00000381 BTC.
• BitShares (BTS) traded 0.4% higher against the dollar and now trades at $0.0017 or 0.00000003 BTC.

TRON Profile

TRX uses the hashing algorithm. Its launch date was September 26th, 2017. TRON’s total supply is 86,730,376,143 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. TRON’s official website 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.”

Buying and Selling TRON

It is usually not presently 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 Coinbase, Changelly or Gemini. 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