TRON Price Tops $0.15 on Major Exchanges (TRX)

TRON (TRX) traded down 1.6% against the US dollar during the 24 hour period ending at 15:00 PM E.T. on September 6th. Over the last seven days, TRON has traded down 7.4% against the US dollar. TRON has a market cap of $10.59 billion and approximately $326.51 million worth of TRON was traded on exchanges in the last day. One TRON coin can now be purchased for about $0.15 or 0.00000276 BTC on popular exchanges.

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

• Tezos (XTZ) traded 4.5% lower against the dollar and now trades at $0.59 or 0.00001106 BTC.
• Terra Classic (LUNC) traded down 4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 3% against the dollar and now trades at $0.34 or 0.00000643 BTC.
• Terra (LUNA) traded down 5.5% against the dollar and now trades at $0.31 or 0.00000587 BTC.
• GXChain (GXC) traded 2% higher against the dollar and now trades at $0.32 or 0.00000607 BTC.
• Adshares (ADS) traded down 3.2% against the dollar and now trades at $0.21 or 0.00000391 BTC.
• BitShares (BTS) traded down 0.3% against the dollar and now trades at $0.0017 or 0.00000003 BTC.

TRON Coin Profile

TRX uses the hashing algorithm. It launched on September 26th, 2017. TRON’s total supply is 86,735,273,192 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 message board is medium.com/@tronfoundation. 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.”

TRON Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as TRON directly using US dollars. Investors seeking to trade TRON should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. 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