TRON (TRX) Price Down 4.2% Over Last Week

TRON (TRX) traded down 0.6% against the US dollar during the one day period ending at 12:00 PM Eastern on September 16th. During the last week, TRON has traded down 4.2% against the US dollar. One TRON coin can currently be bought for about $0.15 or 0.00000257 BTC on cryptocurrency exchanges. TRON has a total market cap of $10.63 billion and $310.03 million worth of TRON was traded on exchanges in the last 24 hours.

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

• Tezos (XTZ) traded down 3.6% against the dollar and now trades at $0.62 or 0.00001079 BTC.
• Terra Classic (LUNC) traded 5.1% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 9.4% lower against the dollar and now trades at $0.37 or 0.00000644 BTC.
• aelf (ELF) traded down 5.4% against the dollar and now trades at $0.35 or 0.00000606 BTC.
• GXChain (GXC) traded 4.1% higher against the dollar and now trades at $0.31 or 0.00000529 BTC.
• Adshares (ADS) traded down 26.4% against the dollar and now trades at $0.20 or 0.00000343 BTC.
• BitShares (BTS) traded up 1.2% against the dollar and now trades at $0.0018 or 0.00000003 BTC.

TRON Profile

TRON (TRX) uses the hashing algorithm. Its genesis date was September 26th, 2017. TRON’s total supply is 86,690,850,603 coins and its circulating supply is 71,659,659,264 coins. TRON’s official website is trondao.org. 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 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.”

TRON Coin Trading

It is usually not presently 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, GDAX or Changelly. 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