TRON (TRX) One Day Trading Volume Hits $239.82 Million

TRON (TRX) traded down 0.4% against the US dollar during the 1-day period ending at 22:00 PM Eastern on June 5th. Over the last seven days, TRON has traded 1.9% higher against the US dollar. TRON has a total market capitalization of $8.18 billion and $239.82 million worth of TRON was traded on exchanges in the last day. One TRON coin can currently be bought for approximately $0.11 or 0.00000160 BTC on popular cryptocurrency exchanges.

Here is how related 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 0% higher against the dollar and now trades at $0.95 or 0.00001339 BTC.
• Terra Classic (LUNC) traded 1.5% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 3.7% higher against the dollar and now trades at $0.67 or 0.00000939 BTC.
• aelf (ELF) traded up 0.4% against the dollar and now trades at $0.49 or 0.00000686 BTC.
• GXChain (GXC) traded down 0.7% against the dollar and now trades at $0.40 or 0.00000559 BTC.
• Adshares (ADS) traded up 2.3% against the dollar and now trades at $0.48 or 0.00000674 BTC.
• BitShares (BTS) traded up 0.2% against the dollar and now trades at $0.0029 or 0.00000004 BTC.

About TRON

TRX uses the hashing algorithm. It was first traded on September 26th, 2017. TRON’s total supply is 87,343,430,685 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. TRON’s official website is trondao.org. The official message board for TRON is medium.com/@tronfoundation. 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.”

Buying and Selling TRON

It is usually not currently 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 GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TRON using one of the exchanges listed above.

TRX/USD price chart by TradingView