TRON (TRX) Trading Up 3.8% Over Last Week

TRON (TRX) traded up 1.2% against the US dollar during the 1 day period ending at 0:00 AM Eastern on April 8th. During the last week, TRON has traded up 3.8% against the US dollar. One TRON coin can now be bought for about $0.12 or 0.00000172 BTC on popular exchanges. TRON has a total market cap of $8.78 billion and $310.16 million worth of TRON was traded on exchanges in the last day.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• Tezos (XTZ) traded 6.2% higher against the dollar and now trades at $1.32 or 0.00001859 BTC.
• Terra Classic (LUNC) traded 7.1% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 4.8% higher against the dollar and now trades at $0.93 or 0.00001307 BTC.
• aelf (ELF) traded up 2.9% against the dollar and now trades at $0.64 or 0.00000902 BTC.
• GXChain (GXC) traded down 6.3% against the dollar and now trades at $0.49 or 0.00000687 BTC.
• Adshares (ADS) traded up 6% against the dollar and now trades at $0.48 or 0.00000676 BTC.
• BitShares (BTS) traded up 3.9% against the dollar and now trades at $0.0040 or 0.00000006 BTC.

TRON Coin Profile

TRX uses the hashing algorithm. It was first traded on September 26th, 2017. TRON’s total supply is 87,677,064,198 coins and its circulating supply is 71,659,659,264 coins. TRON’s official website is trondao.org. The Reddit community for TRON is https://reddit.com/r/tronix and the currency’s Github account can be viewed here. The official message board for TRON 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 possible to purchase alternative cryptocurrencies such as TRON directly using US dollars. Investors seeking to trade TRON should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. 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