TRON 24-Hour Volume Tops $308.66 Million (TRX)

TRON (TRX) traded down 0.4% against the dollar during the twenty-four hour period ending at 19:00 PM ET on November 3rd. One TRON coin can currently be purchased for about $0.17 or 0.00000241 BTC on exchanges. During the last seven days, TRON has traded up 0.8% against the dollar. TRON has a total market capitalization of $11.83 billion and approximately $308.66 million worth of TRON was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• Tezos (XTZ) traded down 4.3% against the dollar and now trades at $0.60 or 0.00000872 BTC.
• Terra Classic (LUNC) traded 5% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 2.8% lower against the dollar and now trades at $0.33 or 0.00000485 BTC.
• Terra (LUNA) traded down 6.2% against the dollar and now trades at $0.31 or 0.00000448 BTC.
• GXChain (GXC) traded down 5.3% against the dollar and now trades at $0.35 or 0.00000509 BTC.
• Adshares (ADS) traded 3.8% higher against the dollar and now trades at $0.23 or 0.00000332 BTC.
• BitShares (BTS) traded down 3.3% against the dollar and now trades at $0.0015 or 0.00000002 BTC.

TRON Coin Profile

TRON uses the hashing algorithm. It was first traded on September 26th, 2017. TRON’s total supply is 86,451,602,494 coins and its circulating supply is 71,659,659,264 coins. The official message board for TRON is medium.com/@tronfoundation. The official website for TRON is trondao.org. 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 presently possible to purchase alternative cryptocurrencies such as TRON directly using US dollars. Investors seeking to acquire TRON should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TRON using one of the exchanges listed above.

TRX/USD price chart by TradingView