TRON (TRX) 24-Hour Trading Volume Hits $262.09 Million

TRON (TRX) traded 0.6% lower against the US dollar during the twenty-four hour period ending at 11:00 AM ET on October 18th. Over the last seven days, TRON has traded 1.1% lower against the US dollar. One TRON coin can currently be bought for $0.16 or 0.00000233 BTC on popular cryptocurrency exchanges. TRON has a total market cap of $11.40 billion and $262.09 million worth of TRON was traded on exchanges in the last 24 hours.

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

• Tezos (XTZ) traded up 0.7% against the dollar and now trades at $0.68 or 0.00001002 BTC.
• Terra Classic (LUNC) traded 1.2% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.1% higher against the dollar and now trades at $0.38 or 0.00000557 BTC.
• Terra (LUNA) traded up 0.7% against the dollar and now trades at $0.37 or 0.00000535 BTC.
• GXChain (GXC) traded down 0.9% against the dollar and now trades at $0.37 or 0.00000536 BTC.
• Adshares (ADS) traded 6.2% lower against the dollar and now trades at $0.21 or 0.00000307 BTC.
• BitShares (BTS) traded down 0.5% against the dollar and now trades at $0.0017 or 0.00000003 BTC.

TRON Profile

TRX uses the hashing algorithm. It launched on September 26th, 2017. TRON’s total supply is 86,522,780,626 coins and its circulating supply is 71,659,659,264 coins. 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 message board is medium.com/@tronfoundation. 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.”

TRON Coin Trading

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

TRX/USD price chart by TradingView