TRON (TRX) Self Reported Market Cap Hits $10.57 Billion

TRON (TRX) traded 1% lower against the U.S. dollar during the 24 hour period ending at 21:00 PM ET on September 14th. One TRON coin can now be purchased for $0.15 or 0.00000245 BTC on popular exchanges. In the last seven days, TRON has traded 2.9% lower against the U.S. dollar. TRON has a total market capitalization of $10.57 billion and approximately $225.99 million worth of TRON was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Tezos (XTZ) traded down 0.7% against the dollar and now trades at $0.65 or 0.00001082 BTC.
• Terra Classic (LUNC) traded 4.7% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded up 6.7% against the dollar and now trades at $0.42 or 0.00000707 BTC.
• aelf (ELF) traded 1.2% lower against the dollar and now trades at $0.37 or 0.00000622 BTC.
• GXChain (GXC) traded up 9.2% against the dollar and now trades at $0.31 or 0.00000509 BTC.
• Adshares (ADS) traded up 24.1% against the dollar and now trades at $0.28 or 0.00000460 BTC.
• BitShares (BTS) traded 1.2% lower against the dollar and now trades at $0.0017 or 0.00000003 BTC.

TRON Profile

TRON uses the hashing algorithm. It launched on September 26th, 2017. TRON’s total supply is 86,697,721,536 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 Twitter account is @trondao and its Facebook page is accessible here. TRON’s official website is trondao.org. TRON’s official message board is medium.com/@tronfoundation.

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 possible to purchase alternative cryptocurrencies such as TRON directly using US dollars. Investors seeking to acquire TRON should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, 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