TRON Trading 8.5% Higher Over Last Week (TRX)

TRON (TRX) traded up 0.7% against the US dollar during the twenty-four hour period ending at 18:00 PM Eastern on April 28th. During the last seven days, TRON has traded up 8.5% against the US dollar. One TRON coin can currently be bought for approximately $0.12 or 0.00000190 BTC on popular exchanges. TRON has a total market capitalization of $8.66 billion and approximately $204.99 million worth of TRON was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• Tezos (XTZ) traded up 1.1% against the dollar and now trades at $1.02 or 0.00001596 BTC.
• Terra Classic (LUNC) traded 1.5% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 0.9% higher against the dollar and now trades at $0.63 or 0.00000995 BTC.
• Terra (LUNA) traded up 0.7% against the dollar and now trades at $0.62 or 0.00000972 BTC.
• GXChain (GXC) traded up 0% against the dollar and now trades at $0.40 or 0.00000624 BTC.
• Adshares (ADS) traded up 2.8% against the dollar and now trades at $0.43 or 0.00000668 BTC.
• BitShares (BTS) traded down 1.8% against the dollar and now trades at $0.0033 or 0.00000005 BTC.

TRON Coin Profile

TRON (TRX) uses the hashing algorithm. Its launch date was September 26th, 2017. TRON’s total supply is 87,556,084,711 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 message board for TRON 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.”

Buying and Selling TRON

It is usually not currently possible to purchase alternative cryptocurrencies such as TRON directly using US dollars. Investors seeking to trade TRON should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. 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