TRON Price Hits $0.12 on Major Exchanges (TRX)

TRON (TRX) traded up 1.2% against the US dollar during the 1-day period ending at 9:00 AM E.T. on April 27th. TRON has a total market capitalization of $8.62 billion and approximately $341.18 million worth of TRON was traded on exchanges in the last day. Over the last week, TRON has traded 9.6% higher against the US dollar. One TRON coin can currently be bought for about $0.12 or 0.00000191 BTC on cryptocurrency exchanges.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• Tezos (XTZ) traded 0.8% higher against the dollar and now trades at $1.00 or 0.00001593 BTC.
• Terra Classic (LUNC) traded 0.4% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 8.9% higher against the dollar and now trades at $0.64 or 0.00001022 BTC.
• Terra (LUNA) traded 1% lower against the dollar and now trades at $0.61 or 0.00000968 BTC.
• GXChain (GXC) traded down 0.2% against the dollar and now trades at $0.40 or 0.00000630 BTC.
• Adshares (ADS) traded up 1.4% against the dollar and now trades at $0.42 or 0.00000663 BTC.
• BitShares (BTS) traded down 0.6% against the dollar and now trades at $0.0033 or 0.00000005 BTC.

TRON Coin Profile

TRX uses the hashing algorithm. Its genesis date was September 26th, 2017. TRON’s total supply is 87,561,129,549 coins and its circulating supply is 71,659,659,264 coins. 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. TRON’s official website is trondao.org. 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 possible to buy alternative cryptocurrencies such as TRON directly using U.S. dollars. Investors seeking to trade TRON should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TRON using one of the exchanges listed above.

TRX/USD price chart by TradingView