TRON (TRX) Price Reaches $0.24 on Top Exchanges

TRON (TRX) traded 3.1% lower against the dollar during the twenty-four hour period ending at 10:00 AM Eastern on January 9th. One TRON coin can currently be bought for $0.24 or 0.00000260 BTC on popular cryptocurrency exchanges. TRON has a market capitalization of $21.03 billion and approximately $1.22 billion worth of TRON was traded on exchanges in the last day. Over the last week, TRON has traded down 7% against the dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• Tezos (XTZ) traded 3.5% lower against the dollar and now trades at $1.28 or 0.00001363 BTC.
• Terra Classic (LUNC) traded down 3.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 4.5% against the dollar and now trades at $0.48 or 0.00000514 BTC.
• Terra (LUNA) traded down 4.9% against the dollar and now trades at $0.42 or 0.00000448 BTC.
• GXChain (GXC) traded 3.8% lower against the dollar and now trades at $0.39 or 0.00000415 BTC.
• Adshares (ADS) traded down 0% against the dollar and now trades at $0.70 or 0.00000751 BTC.
• BitShares (BTS) traded down 7.8% against the dollar and now trades at $0.0014 or 0.00000002 BTC.

TRON Coin Profile

TRON (CRYPTO:TRX) uses the hashing algorithm. It was first traded on September 26th, 2017. TRON’s total supply is 86,180,533,172 coins and its circulating supply is 86,180,484,559 coins. TRON’s official website 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 US dollars. Investors seeking to trade TRON should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. 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