TRON Trading 0.6% Lower This Week (TRX)

TRON (TRX) traded 0.1% lower against the U.S. dollar during the twenty-four hour period ending at 13:00 PM E.T. on July 18th. In the last week, TRON has traded down 0.6% against the U.S. dollar. TRON has a total market capitalization of $9.60 billion and approximately $274.58 million worth of TRON was traded on exchanges in the last day. One TRON coin can now be bought for $0.13 or 0.00000210 BTC on major exchanges.

Here is how related cryptocurrencies have performed in the last day:

• Tezos (XTZ) traded 1.7% lower against the dollar and now trades at $0.80 or 0.00001250 BTC.
• Terra Classic (LUNC) traded 2.1% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 1.6% lower against the dollar and now trades at $0.43 or 0.00000675 BTC.
• aelf (ELF) traded down 1.9% against the dollar and now trades at $0.39 or 0.00000617 BTC.
• GXChain (GXC) traded up 2.5% against the dollar and now trades at $0.36 or 0.00000568 BTC.
• Adshares (ADS) traded 0.5% lower against the dollar and now trades at $0.38 or 0.00000594 BTC.
• BitShares (BTS) traded 0.1% higher against the dollar and now trades at $0.0022 or 0.00000004 BTC.

TRON Profile

TRX uses the hashing algorithm. Its genesis date was September 26th, 2017. TRON’s total supply is 87,099,803,202 coins and its circulating supply is 71,659,659,264 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. The official message board for TRON 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.”

TRON Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as TRON directly using US dollars. Investors seeking to acquire TRON should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TRON using one of the aforementioned exchanges.

TRX/USD price chart by TradingView