TRON Reaches Self Reported Market Capitalization of $8.63 Billion (TRX)

TRON (TRX) traded up 0.9% against the US dollar during the 1 day period ending at 21:00 PM E.T. on March 28th. During the last seven days, TRON has traded down 0.4% against the US dollar. One TRON coin can now be purchased for about $0.12 or 0.00000170 BTC on exchanges. TRON has a market cap of $8.63 billion and $256.13 million worth of TRON was traded on exchanges in the last day.

Here’s how other 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 4.1% against the dollar and now trades at $1.41 or 0.00001992 BTC.
• Terra Classic (LUNC) traded 4% higher against the dollar and now trades at $0.0002 or 0.00000000 BTC.
• Terra (LUNA) traded up 3.2% against the dollar and now trades at $1.13 or 0.00001590 BTC.
• aelf (ELF) traded 4.3% higher against the dollar and now trades at $0.66 or 0.00000934 BTC.
• GXChain (GXC) traded 1.3% lower against the dollar and now trades at $0.50 or 0.00000703 BTC.
• Adshares (ADS) traded 5% higher against the dollar and now trades at $0.51 or 0.00000722 BTC.
• BitShares (BTS) traded 0.7% higher against the dollar and now trades at $0.0041 or 0.00000006 BTC.

TRON Profile

TRX uses the hashing algorithm. It launched on September 26th, 2017. TRON’s total supply is 87,750,490,588 coins and its circulating supply is 71,659,659,264 coins. 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. 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 currently 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 Coinbase, GDAX or Changelly. 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