TRON Price Hits $0.13 on Exchanges (TRX)

TRON (TRX) traded 0.2% higher against the US dollar during the 24 hour period ending at 13:00 PM ET on July 3rd. In the last seven days, TRON has traded up 4.9% against the US dollar. One TRON coin can currently be purchased for $0.13 or 0.00000214 BTC on popular cryptocurrency exchanges. TRON has a total market capitalization of $9.24 billion and approximately $315.19 million worth of TRON was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Tezos (XTZ) traded 2.3% lower against the dollar and now trades at $0.77 or 0.00001282 BTC.
• Terra Classic (LUNC) traded down 4.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 4% lower against the dollar and now trades at $0.40 or 0.00000665 BTC.
• aelf (ELF) traded up 0.6% against the dollar and now trades at $0.35 or 0.00000580 BTC.
• GXChain (GXC) traded 4% lower against the dollar and now trades at $0.35 or 0.00000588 BTC.
• Adshares (ADS) traded 3.9% lower against the dollar and now trades at $0.38 or 0.00000637 BTC.
• BitShares (BTS) traded down 4.1% against the dollar and now trades at $0.0022 or 0.00000004 BTC.

TRON Coin Profile

TRON uses the hashing algorithm. It was first traded on September 26th, 2017. TRON’s total supply is 87,180,143,415 coins and its circulating supply is 71,659,659,264 coins. 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 message board is medium.com/@tronfoundation. 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 currently possible to purchase alternative cryptocurrencies such as TRON directly using U.S. dollars. Investors seeking to acquire TRON should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TRON using one of the aforementioned exchanges.

TRX/USD price chart by TradingView