TRON Price Hits $0.13 on Major Exchanges (TRX)

TRON (TRX) traded down 1.6% against the US dollar during the 24 hour period ending at 14:00 PM Eastern on July 4th. TRON has a market cap of $9.09 billion and approximately $422.52 million worth of TRON was traded on exchanges in the last 24 hours. Over the last week, TRON has traded 3.4% higher against the US dollar. One TRON coin can currently be purchased for about $0.13 or 0.00000218 BTC on cryptocurrency exchanges.

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

• Tezos (XTZ) traded down 7.9% against the dollar and now trades at $0.71 or 0.00001223 BTC.
• Terra Classic (LUNC) traded 7.6% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 6.6% lower against the dollar and now trades at $0.37 or 0.00000641 BTC.
• aelf (ELF) traded down 6.6% against the dollar and now trades at $0.33 or 0.00000561 BTC.
• GXChain (GXC) traded up 1.5% against the dollar and now trades at $0.36 or 0.00000620 BTC.
• Adshares (ADS) traded down 4.8% against the dollar and now trades at $0.37 or 0.00000629 BTC.
• BitShares (BTS) traded 6.8% lower against the dollar and now trades at $0.0021 or 0.00000004 BTC.

TRON Coin Profile

TRX uses the hashing algorithm. Its launch date was September 26th, 2017. TRON’s total supply is 87,173,612,828 coins and its circulating supply is 71,659,659,264 coins. 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. TRON’s official Twitter account is @trondao and its Facebook page is accessible 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 currently possible to buy alternative cryptocurrencies such as TRON directly using US dollars. Investors seeking to trade TRON should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TRON using one of the exchanges listed above.

TRX/USD price chart by TradingView