TRON 24-Hour Volume Reaches $18.83 Million (TRX)

TRON (TRX) traded up 5.3% against the dollar during the one day period ending at 17:00 PM Eastern on August 19th. One TRON coin can now be bought for approximately $0.14 or 0.00000242 BTC on major cryptocurrency exchanges. TRON has a total market cap of $10.22 billion and $18.83 million worth of TRON was traded on exchanges in the last 24 hours. Over the last week, TRON has traded 12.8% higher against the dollar.

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

• Tezos (XTZ) traded 0.1% higher against the dollar and now trades at $0.66 or 0.00001114 BTC.
• Terra Classic (LUNC) traded down 0.7% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 0.2% against the dollar and now trades at $0.39 or 0.00000652 BTC.
• Terra (LUNA) traded up 0.1% against the dollar and now trades at $0.32 or 0.00000547 BTC.
• GXChain (GXC) traded up 0.3% against the dollar and now trades at $0.37 or 0.00000628 BTC.
• Adshares (ADS) traded up 1.9% against the dollar and now trades at $0.22 or 0.00000380 BTC.
• BitShares (BTS) traded up 2.9% against the dollar and now trades at $0.0018 or 0.00000003 BTC.

TRON Profile

TRON (TRX) uses the hashing algorithm. Its genesis date was September 26th, 2017. TRON’s total supply is 86,944,509,720 coins and its circulating supply is 71,659,659,264 coins. The official website for TRON is trondao.org. TRON’s official message board is medium.com/@tronfoundation. 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.

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 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 Changelly, 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