TRON (TRX) Self Reported Market Cap Reaches $9.53 Billion

TRON (TRX) traded down 2.4% against the dollar during the 1-day period ending at 22:00 PM E.T. on March 10th. During the last seven days, TRON has traded down 5.4% against the dollar. TRON has a market cap of $9.53 billion and approximately $347.25 million worth of TRON was traded on exchanges in the last day. One TRON coin can currently be bought for about $0.13 or 0.00000194 BTC on popular exchanges.

Here is how other cryptocurrencies have performed during the last day:

  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • Tezos (XTZ) traded 2.9% lower against the dollar and now trades at $1.39 or 0.00002032 BTC.
  • Terra Classic (LUNC) traded down 9.2% against the dollar and now trades at $0.0002 or 0.00000000 BTC.
  • Terra (LUNA) traded down 7.9% against the dollar and now trades at $1.05 or 0.00001528 BTC.
  • aelf (ELF) traded down 2.8% against the dollar and now trades at $0.66 or 0.00000961 BTC.
  • GXChain (GXC) traded 23.4% lower against the dollar and now trades at $0.61 or 0.00000892 BTC.
  • Adshares (ADS) traded down 9.1% against the dollar and now trades at $0.57 or 0.00000830 BTC.
  • BitShares (BTS) traded 1.2% higher against the dollar and now trades at $0.0043 or 0.00000006 BTC.

About TRON

TRON (TRX) uses the hashing algorithm. Its genesis date was September 26th, 2017. TRON’s total supply is 87,895,412,084 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. TRON’s official message board 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.

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 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 GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TRON using one of the aforementioned exchanges.

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