TRON (TRX) Self Reported Market Capitalization Achieves $27.06 Billion

TRON (TRX) traded 1.8% higher against the US dollar during the 24 hour period ending at 8:00 AM E.T. on February 25th. TRON has a total market capitalization of $27.06 billion and $605.69 million worth of TRON was traded on exchanges in the last 24 hours. Over the last week, TRON has traded up 2.2% against the US dollar. One TRON coin can currently be purchased for approximately $0.29 or 0.00000432 BTC on major cryptocurrency exchanges.

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

• Tezos (XTZ) traded up 5% against the dollar and now trades at $0.38 or 0.00000581 BTC.
• Terra Classic (LUNC) traded up 3.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• aelf (ELF) traded 1.1% higher against the dollar and now trades at $0.0763 or 0.00000115 BTC.
• Terra (LUNA) traded 2.4% higher against the dollar and now trades at $0.0625 or 0.00000094 BTC.
• GXChain (GXC) traded down 0.5% against the dollar and now trades at $0.36 or 0.00000546 BTC.
• Adshares (ADS) traded 4% higher against the dollar and now trades at $0.55 or 0.00000834 BTC.
• BitShares (BTS) traded 0% lower against the dollar and now trades at $0.0011 or 0.00000002 BTC.

About TRON

TRX uses the hashing algorithm. Its genesis date was May 31st, 2018. TRON’s total supply is 94,737,379,185 coins and its circulating supply is 94,667,886,298 coins. TRON’s official Twitter account is @trondao and its Facebook page is accessible here. 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.

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 trade TRON should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. 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