TRON 24 Hour Trading Volume Reaches $2.67 Billion (TRX)

TRON (TRX) traded 7.7% lower against the U.S. dollar during the one day period ending at 10:00 AM Eastern on December 20th. One TRON coin can now be bought for about $0.24 or 0.00000251 BTC on popular exchanges. TRON has a total market cap of $20.78 billion and approximately $2.67 billion worth of TRON was traded on exchanges in the last 24 hours. Over the last seven days, TRON has traded 17.1% lower against the U.S. dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Tezos (XTZ) traded 8.7% lower against the dollar and now trades at $1.17 or 0.00001219 BTC.
• Terra Classic (LUNC) traded down 7.8% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 8% lower against the dollar and now trades at $0.43 or 0.00000445 BTC.
• Terra (LUNA) traded down 9.7% against the dollar and now trades at $0.40 or 0.00000417 BTC.
• Adshares (ADS) traded down 12.4% against the dollar and now trades at $0.79 or 0.00000827 BTC.
• GXChain (GXC) traded 6.9% lower against the dollar and now trades at $0.39 or 0.00000402 BTC.
• BitShares (BTS) traded down 7.6% against the dollar and now trades at $0.0016 or 0.00000002 BTC.

TRON Coin Profile

TRON (TRX) uses the hashing algorithm. Its genesis date was September 26th, 2017. TRON’s total supply is 86,221,173,953 coins and its circulating supply is 86,221,093,668 coins. TRON’s official website is trondao.org. TRON’s official Twitter account is @trondao and its Facebook page is accessible here. The Reddit community for TRON is https://reddit.com/r/tronix and the currency’s Github account can be viewed here. 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 presently possible to purchase alternative cryptocurrencies such as TRON directly using US dollars. Investors seeking to trade TRON should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TRON using one of the exchanges listed above.

TRX/USD price chart by TradingView