TRON Self Reported Market Capitalization Tops $8.98 Billion (TRX)

TRON (TRX) traded up 0.8% against the US dollar during the 1 day period ending at 18:00 PM Eastern on February 12th. One TRON coin can currently be purchased for approximately $0.13 or 0.00000250 BTC on cryptocurrency exchanges. Over the last week, TRON has traded up 5.6% against the US dollar. TRON has a market cap of $8.98 billion and approximately $269.69 million worth of TRON was traded on exchanges in the last 24 hours.

Here’s how other 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 1.5% higher against the dollar and now trades at $1.05 or 0.00002093 BTC.
  • Terra Classic (LUNC) traded up 2.7% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Terra (LUNA) traded up 1.7% against the dollar and now trades at $0.67 or 0.00001346 BTC.
  • aelf (ELF) traded 0.7% higher against the dollar and now trades at $0.61 or 0.00001213 BTC.
  • GXChain (GXC) traded up 2.8% against the dollar and now trades at $0.28 or 0.00000557 BTC.
  • Adshares (ADS) traded up 1.9% against the dollar and now trades at $0.39 or 0.00000786 BTC.
  • BitShares (BTS) traded down 2.9% against the dollar and now trades at $0.0036 or 0.00000007 BTC.

TRON Profile

TRON (TRX) uses the hashing algorithm. It was first traded on September 26th, 2017. TRON’s total supply is 88,076,933,831 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. 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.

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

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