TRON 1-Day Volume Tops $391.99 Million (TRX)

TRON (TRX) traded 1.6% higher against the dollar during the one day period ending at 10:00 AM E.T. on April 25th. One TRON coin can currently be purchased for about $0.12 or 0.00000183 BTC on cryptocurrency exchanges. TRON has a market capitalization of $8.29 billion and $391.99 million worth of TRON was traded on exchanges in the last day. During the last seven days, TRON has traded 7.4% higher against the dollar.

Here’s 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 3.5% lower against the dollar and now trades at $1.01 or 0.00001591 BTC.
• Terra Classic (LUNC) traded down 7.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded down 7.8% against the dollar and now trades at $0.62 or 0.00000974 BTC.
• aelf (ELF) traded up 0.2% against the dollar and now trades at $0.60 or 0.00000946 BTC.
• GXChain (GXC) traded down 5.7% against the dollar and now trades at $0.40 or 0.00000626 BTC.
• Adshares (ADS) traded 0.2% lower against the dollar and now trades at $0.44 or 0.00000688 BTC.
• BitShares (BTS) traded 0.1% lower against the dollar and now trades at $0.0033 or 0.00000005 BTC.

About TRON

TRON uses the hashing algorithm. It was first traded on September 26th, 2017. TRON’s total supply is 87,571,821,927 coins and its circulating supply is 71,659,659,264 coins. 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. TRON’s official Twitter account is @trondao and its Facebook page is accessible here. 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.”

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. 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