TRON Self Reported Market Cap Hits $8.75 Billion (TRX)

TRON (TRX) traded up 2.1% against the U.S. dollar during the one day period ending at 21:00 PM Eastern on June 25th. Over the last week, TRON has traded 5.7% higher against the U.S. dollar. TRON has a market capitalization of $8.75 billion and approximately $240.43 million worth of TRON was traded on exchanges in the last 24 hours. One TRON coin can now be purchased for $0.12 or 0.00000197 BTC on major exchanges.

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

• Tezos (XTZ) traded 2.2% higher against the dollar and now trades at $0.80 or 0.00001284 BTC.
• Terra Classic (LUNC) traded 1% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 1% higher against the dollar and now trades at $0.43 or 0.00000696 BTC.
• aelf (ELF) traded up 1.7% against the dollar and now trades at $0.37 or 0.00000589 BTC.
• GXChain (GXC) traded down 5.2% against the dollar and now trades at $0.36 or 0.00000583 BTC.
• Adshares (ADS) traded up 1.6% against the dollar and now trades at $0.42 or 0.00000672 BTC.
• BitShares (BTS) traded 1.9% higher against the dollar and now trades at $0.0025 or 0.00000004 BTC.

TRON Profile

TRX uses the hashing algorithm. It launched on September 26th, 2017. TRON’s total supply is 87,226,139,165 coins and its circulating supply is 71,659,659,264 coins. TRON’s official Twitter account is @trondao and its Facebook page is accessible here. TRON’s official website is trondao.org. 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.

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 buy alternative cryptocurrencies such as TRON directly using U.S. dollars. Investors seeking to acquire TRON should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TRON using one of the aforementioned exchanges.

TRX/USD price chart by TradingView