TRON Price Tops $0.26 on Top Exchanges (TRX)

TRON (TRX) traded up 3.5% against the US dollar during the 24-hour period ending at 10:00 AM Eastern on December 24th. TRON has a total market capitalization of $22.11 billion and $952.66 million worth of TRON was traded on exchanges in the last 24 hours. Over the last week, TRON has traded 11.4% lower against the US dollar. One TRON coin can now be bought for about $0.26 or 0.00000263 BTC on major cryptocurrency exchanges.

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

• Tezos (XTZ) traded up 13.8% against the dollar and now trades at $1.45 or 0.00001493 BTC.
• Terra Classic (LUNC) traded up 7.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 4.3% against the dollar and now trades at $0.49 or 0.00000501 BTC.
• Terra (LUNA) traded up 10.7% against the dollar and now trades at $0.45 or 0.00000462 BTC.
• GXChain (GXC) traded up 4.3% against the dollar and now trades at $0.42 or 0.00000431 BTC.
• Adshares (ADS) traded down 0.3% against the dollar and now trades at $0.76 or 0.00000777 BTC.
• BitShares (BTS) traded 2% lower against the dollar and now trades at $0.0016 or 0.00000002 BTC.

About TRON

TRON (TRX) uses the hashing algorithm. Its genesis date was September 26th, 2017. TRON’s total supply is 86,211,293,473 coins and its circulating supply is 86,211,225,477 coins. TRON’s official Twitter account is @trondao and its Facebook page is accessible here. The Reddit community for TRON is https://reddit.com/r/tronix and the currency’s Github account can be viewed here. TRON’s official message board is medium.com/@tronfoundation. The official website for TRON 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 currently 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