TRON 24 Hour Trading Volume Hits $269.22 Million (TRX)

TRON (TRX) traded down 0.1% against the U.S. dollar during the 1-day period ending at 17:00 PM ET on October 27th. TRON has a total market cap of $11.78 billion and approximately $269.22 million worth of TRON was traded on exchanges in the last 24 hours. In the last seven days, TRON has traded 4.9% higher against the U.S. dollar. One TRON coin can currently be bought for $0.16 or 0.00000243 BTC on popular cryptocurrency exchanges.

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

• Tezos (XTZ) traded up 0.9% against the dollar and now trades at $0.64 or 0.00000942 BTC.
• Terra Classic (LUNC) traded 4.3% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 1.3% against the dollar and now trades at $0.35 or 0.00000523 BTC.
• Terra (LUNA) traded up 2.3% against the dollar and now trades at $0.34 or 0.00000501 BTC.
• GXChain (GXC) traded 0.4% higher against the dollar and now trades at $0.35 or 0.00000519 BTC.
• Adshares (ADS) traded 1.2% lower against the dollar and now trades at $0.22 or 0.00000321 BTC.
• BitShares (BTS) traded 0.2% lower against the dollar and now trades at $0.0015 or 0.00000002 BTC.

TRON Profile

TRX uses the hashing algorithm. Its launch date was September 26th, 2017. TRON’s total supply is 86,483,523,857 coins and its circulating supply is 71,659,659,264 coins. 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. 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 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 Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TRON using one of the aforementioned exchanges.

TRX/USD price chart by TradingView