TRON (TRX) Trading 5.3% Higher Over Last 7 Days

TRON (TRX) traded 0.2% lower against the US dollar during the 24 hour period ending at 9:00 AM Eastern on April 30th. During the last seven days, TRON has traded 5.3% higher against the US dollar. One TRON coin can currently be bought for approximately $0.12 or 0.00000193 BTC on major exchanges. TRON has a market capitalization of $8.48 billion and $415.30 million worth of TRON was traded on exchanges in the last 24 hours.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• Tezos (XTZ) traded down 6.3% against the dollar and now trades at $0.91 or 0.00001494 BTC.
• Terra Classic (LUNC) traded down 4.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 5.8% against the dollar and now trades at $0.55 or 0.00000903 BTC.
• Terra (LUNA) traded down 6.6% against the dollar and now trades at $0.55 or 0.00000903 BTC.
• GXChain (GXC) traded down 4.7% against the dollar and now trades at $0.38 or 0.00000619 BTC.
• Adshares (ADS) traded 2.7% lower against the dollar and now trades at $0.41 or 0.00000662 BTC.
• BitShares (BTS) traded down 2.6% against the dollar and now trades at $0.0032 or 0.00000005 BTC.

TRON Profile

TRON (TRX) uses the hashing algorithm. Its launch date was September 26th, 2017. TRON’s total supply is 87,548,202,925 coins and its circulating supply is 71,659,659,264 coins. 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. TRON’s official website is trondao.org. TRON’s official Twitter account is @trondao and its Facebook page is accessible 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.”

Buying and Selling TRON

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 GDAX, Coinbase or Changelly. 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