TRON Price Hits $0.16 on Major Exchanges (TRX)

TRON (TRX) traded 0.8% lower against the dollar during the 24 hour period ending at 22:00 PM Eastern on October 10th. TRON has a total market capitalization of $11.34 billion and $310.06 million worth of TRON was traded on exchanges in the last 24 hours. One TRON coin can currently be bought for approximately $0.16 or 0.00000262 BTC on popular exchanges. During the last week, TRON has traded up 0.8% against the dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Tezos (XTZ) traded down 0.2% against the dollar and now trades at $0.65 or 0.00001079 BTC.
• Terra Classic (LUNC) traded up 2.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 0.9% against the dollar and now trades at $0.36 or 0.00000603 BTC.
• Terra (LUNA) traded 0.8% lower against the dollar and now trades at $0.35 or 0.00000583 BTC.
• GXChain (GXC) traded 7.3% higher against the dollar and now trades at $0.35 or 0.00000572 BTC.
• Adshares (ADS) traded 0.8% higher against the dollar and now trades at $0.20 or 0.00000340 BTC.
• BitShares (BTS) traded 2.2% lower against the dollar and now trades at $0.0017 or 0.00000003 BTC.

TRON Profile

TRON (CRYPTO:TRX) uses the hashing algorithm. It launched on September 26th, 2017. TRON’s total supply is 86,560,082,760 coins and its circulating supply is 71,659,659,264 coins. TRON’s official website is trondao.org. 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.

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly 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