TRON (TRX) Self Reported Market Cap Tops $8.16 Billion

TRON (TRX) traded 0.4% higher against the dollar during the 24-hour period ending at 15:00 PM E.T. on April 24th. One TRON coin can currently be bought for about $0.11 or 0.00000177 BTC on popular exchanges. Over the last seven days, TRON has traded up 3.3% against the dollar. TRON has a total market capitalization of $8.16 billion and approximately $305.65 million worth of TRON was traded on exchanges in the last 24 hours.

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 down 2.9% against the dollar and now trades at $1.03 or 0.00001594 BTC.
• Terra Classic (LUNC) traded 4.8% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded down 4.8% against the dollar and now trades at $0.64 or 0.00000993 BTC.
• aelf (ELF) traded 2.3% lower against the dollar and now trades at $0.59 or 0.00000912 BTC.
• GXChain (GXC) traded down 2% against the dollar and now trades at $0.42 or 0.00000652 BTC.
• Adshares (ADS) traded 0.3% lower against the dollar and now trades at $0.43 or 0.00000673 BTC.
• BitShares (BTS) traded 2.2% higher against the dollar and now trades at $0.0034 or 0.00000005 BTC.

TRON Profile

TRON (TRX) uses the hashing algorithm. Its launch date was September 26th, 2017. TRON’s total supply is 87,575,281,982 coins and its circulating supply is 71,659,659,264 coins. TRON’s official message board is medium.com/@tronfoundation. The official website for TRON is trondao.org. TRON’s official Twitter account is @trondao and its Facebook page is accessible here. 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 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 Coinbase, Changelly or Gemini. 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