TRON Price Hits $0.26 on Top Exchanges (TRX)

TRON (TRX) traded down 1% against the U.S. dollar during the 1-day period ending at 10:00 AM E.T. on December 28th. Over the last seven days, TRON has traded up 4.5% against the U.S. dollar. TRON has a market cap of $22.14 billion and $796.36 million worth of TRON was traded on exchanges in the last day. One TRON coin can currently be bought for approximately $0.26 or 0.00000272 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed over the last day:

• Tezos (XTZ) traded up 3.5% against the dollar and now trades at $1.37 or 0.00001447 BTC.
• Terra Classic (LUNC) traded 0.4% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 4% against the dollar and now trades at $0.45 or 0.00000481 BTC.
• Terra (LUNA) traded 0.4% lower against the dollar and now trades at $0.44 or 0.00000466 BTC.
• GXChain (GXC) traded 3.8% higher against the dollar and now trades at $0.43 or 0.00000459 BTC.
• Adshares (ADS) traded up 1.5% against the dollar and now trades at $0.74 or 0.00000787 BTC.
• BitShares (BTS) traded 6.7% lower against the dollar and now trades at $0.0014 or 0.00000001 BTC.

TRON Coin Profile

TRON (TRX) uses the hashing algorithm. Its genesis date was September 26th, 2017. TRON’s total supply is 86,202,911,279 coins and its circulating supply is 86,202,891,960 coins. The official website for TRON is trondao.org. TRON’s official Twitter account is @trondao and its Facebook page is accessible here. The official message board for TRON 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.

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 trade TRON should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TRON using one of the exchanges listed above.

TRX/USD price chart by TradingView