TRON (TRX) Self Reported Market Cap Reaches $8.48 Billion

TRON (TRX) traded down 0.2% against the dollar during the 1 day period ending at 9:00 AM Eastern on April 30th. TRON has a total market capitalization of $8.48 billion and approximately $415.30 million worth of TRON was traded on exchanges in the last day. One TRON coin can currently be purchased for approximately $0.12 or 0.00000193 BTC on cryptocurrency exchanges. In the last seven days, TRON has traded 5.3% higher against the dollar.

Here’s how similar cryptocurrencies have performed in the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• Tezos (XTZ) traded down 6.3% against the dollar and now trades at $0.91 or 0.00001494 BTC.
• Terra Classic (LUNC) traded down 4.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 5.8% lower against the dollar and now trades at $0.55 or 0.00000903 BTC.
• Terra (LUNA) traded 6.6% lower against the dollar and now trades at $0.55 or 0.00000903 BTC.
• GXChain (GXC) traded 4.7% lower against the dollar and now trades at $0.38 or 0.00000619 BTC.
• Adshares (ADS) traded 2.7% lower against the dollar and now trades at $0.41 or 0.00000662 BTC.
• BitShares (BTS) traded 2.6% lower 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 87,548,202,925 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. TRON’s official message board 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.”

TRON Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as TRON directly using U.S. dollars. Investors seeking to trade TRON should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy TRON using one of the exchanges listed above.

TRX/USD price chart by TradingView