TRON Hits Self Reported Market Capitalization of $11.36 Billion (TRX)

TRON (TRX) traded down 1.1% against the dollar during the twenty-four hour period ending at 20:00 PM ET on October 15th. In the last week, TRON has traded 1.1% lower against the dollar. TRON has a market capitalization of $11.36 billion and $376.58 million worth of TRON was traded on exchanges in the last day. One TRON coin can now be bought for approximately $0.16 or 0.00000237 BTC on popular cryptocurrency exchanges.

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

  • Tezos (XTZ) traded down 1.3% against the dollar and now trades at $0.70 or 0.00001047 BTC.
  • Terra Classic (LUNC) traded 1.9% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • aelf (ELF) traded 2.2% lower against the dollar and now trades at $0.38 or 0.00000570 BTC.
  • Terra (LUNA) traded 2.6% lower against the dollar and now trades at $0.37 or 0.00000550 BTC.
  • GXChain (GXC) traded 0.1% higher against the dollar and now trades at $0.35 or 0.00000520 BTC.
  • Adshares (ADS) traded up 4% against the dollar and now trades at $0.22 or 0.00000332 BTC.
  • BitShares (BTS) traded down 4% against the dollar and now trades at $0.0017 or 0.00000003 BTC.

TRON Coin Profile

TRON (CRYPTO:TRX) uses the hashing algorithm. It was first traded on September 26th, 2017. TRON’s total supply is 86,537,445,370 coins and its circulating supply is 71,659,659,264 coins. The official website for TRON is trondao.org. TRON’s official Twitter account is @trondao and its Facebook page is accessible here. 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.

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 currently possible to buy alternative cryptocurrencies such as TRON directly using U.S. dollars. Investors seeking to acquire TRON should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TRON using one of the aforementioned exchanges.

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