TRON 1-Day Trading Volume Hits $341.12 Million (TRX)

TRON (TRX) traded up 1% against the dollar during the 24-hour period ending at 9:00 AM ET on April 17th. One TRON coin can currently be purchased for approximately $0.11 or 0.00000180 BTC on popular cryptocurrency exchanges. TRON has a market cap of $8.02 billion and $341.12 million worth of TRON was traded on exchanges in the last 24 hours. During the last seven days, TRON has traded 5.6% lower against the dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• Tezos (XTZ) traded down 4.7% against the dollar and now trades at $0.96 or 0.00001542 BTC.
• Terra Classic (LUNC) traded 1.5% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 3.2% lower against the dollar and now trades at $0.58 or 0.00000940 BTC.
• aelf (ELF) traded 0.9% lower against the dollar and now trades at $0.54 or 0.00000876 BTC.
• GXChain (GXC) traded 3.3% lower against the dollar and now trades at $0.41 or 0.00000653 BTC.
• Adshares (ADS) traded 1.1% higher against the dollar and now trades at $0.37 or 0.00000602 BTC.
• BitShares (BTS) traded down 2.1% against the dollar and now trades at $0.0030 or 0.00000005 BTC.

TRON Coin Profile

TRX uses the hashing algorithm. Its genesis date was September 26th, 2017. TRON’s total supply is 87,624,322,725 coins and its circulating supply is 71,659,659,264 coins. The official website for TRON 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. TRON’s official Twitter account is @trondao and its Facebook page is accessible 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 possible to purchase alternative cryptocurrencies such as TRON directly using U.S. dollars. Investors seeking to trade TRON should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TRON using one of the aforementioned exchanges.

TRX/USD price chart by TradingView