TRON (TRX) 24 Hour Volume Reaches $257.26 Million

TRON (TRX) traded up 0.2% against the dollar during the one day period ending at 8:00 AM E.T. on March 29th. One TRON coin can currently be bought for $0.12 or 0.00000172 BTC on cryptocurrency exchanges. Over the last week, TRON has traded up 0.1% against the dollar. TRON has a total market cap of $8.62 billion and $257.26 million worth of TRON was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• Tezos (XTZ) traded up 3.4% against the dollar and now trades at $1.43 or 0.00002044 BTC.
• Terra Classic (LUNC) traded 1.5% higher against the dollar and now trades at $0.0002 or 0.00000000 BTC.
• Terra (LUNA) traded 0.5% higher against the dollar and now trades at $1.10 or 0.00001571 BTC.
• aelf (ELF) traded up 1.2% against the dollar and now trades at $0.66 or 0.00000941 BTC.
• GXChain (GXC) traded 1.3% lower against the dollar and now trades at $0.50 or 0.00000719 BTC.
• Adshares (ADS) traded up 5.7% against the dollar and now trades at $0.51 or 0.00000734 BTC.
• BitShares (BTS) traded up 0.4% against the dollar and now trades at $0.0041 or 0.00000006 BTC.

TRON Profile

TRX uses the hashing algorithm. It was first traded on September 26th, 2017. TRON’s total supply is 87,749,401,487 coins and its circulating supply is 71,659,659,264 coins. The official website for TRON is trondao.org. TRON’s official Twitter account is @trondao and its Facebook page is accessible here. 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.”

Buying and Selling TRON

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

TRX/USD price chart by TradingView