TRON (TRX) Hits Self Reported Market Cap of $7.91 Billion

TRON (TRX) traded 3.7% lower against the dollar during the 1-day period ending at 9:00 AM E.T. on April 16th. TRON has a market cap of $7.91 billion and $462.44 million worth of TRON was traded on exchanges in the last 24 hours. Over the last seven days, TRON has traded down 9.9% against the dollar. One TRON coin can now be purchased for $0.11 or 0.00000175 BTC on popular exchanges.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• Tezos (XTZ) traded 9.3% lower against the dollar and now trades at $0.99 or 0.00001569 BTC.
• Terra Classic (LUNC) traded 7.6% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 7.8% lower against the dollar and now trades at $0.60 or 0.00000944 BTC.
• aelf (ELF) traded 6.9% lower against the dollar and now trades at $0.55 or 0.00000865 BTC.
• GXChain (GXC) traded 4.4% lower against the dollar and now trades at $0.42 or 0.00000663 BTC.
• Adshares (ADS) traded 7.3% lower against the dollar and now trades at $0.37 or 0.00000584 BTC.
• BitShares (BTS) traded down 6.4% against the dollar and now trades at $0.0030 or 0.00000005 BTC.

TRON Coin Profile

TRON (CRYPTO:TRX) uses the hashing algorithm. Its genesis date was September 26th, 2017. TRON’s total supply is 87,629,366,271 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 message board is medium.com/@tronfoundation. The official website for TRON is trondao.org.

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 U.S. dollars. Investors seeking to acquire TRON should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. 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