TRON Trading 0.4% Higher Over Last Week (TRX)

TRON (TRX) traded down 0.4% against the U.S. dollar during the one day period ending at 21:00 PM ET on May 5th. One TRON coin can currently be bought for approximately $0.12 or 0.00000188 BTC on exchanges. Over the last seven days, TRON has traded 0.4% higher against the U.S. dollar. TRON has a market capitalization of $8.69 billion and approximately $184.34 million worth of TRON was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• Tezos (XTZ) traded up 1.3% against the dollar and now trades at $0.97 or 0.00001509 BTC.
• Terra Classic (LUNC) traded up 10% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded up 10.1% against the dollar and now trades at $0.66 or 0.00001020 BTC.
• aelf (ELF) traded up 1.5% against the dollar and now trades at $0.56 or 0.00000873 BTC.
• GXChain (GXC) traded up 2.5% against the dollar and now trades at $0.44 or 0.00000689 BTC.
• Adshares (ADS) traded 9.2% higher against the dollar and now trades at $0.41 or 0.00000640 BTC.
• BitShares (BTS) traded down 2.6% against the dollar and now trades at $0.0032 or 0.00000005 BTC.

TRON Coin Profile

TRON uses the hashing algorithm. It was first traded on September 26th, 2017. TRON’s total supply is 87,519,700,401 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. The Reddit community for TRON is https://reddit.com/r/tronix and the currency’s Github account can be viewed here. The official website for TRON is trondao.org. 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 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, Gemini 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