TRON Trading Up 0.8% This Week (TRX)

TRON (TRX) traded down 0.7% against the U.S. dollar during the 1 day period ending at 10:00 AM E.T. on November 1st. TRON has a market cap of $12.02 billion and approximately $388.93 million worth of TRON was traded on exchanges in the last day. One TRON coin can now be purchased for $0.17 or 0.00000235 BTC on popular cryptocurrency exchanges. Over the last week, TRON has traded up 0.8% against the U.S. dollar.

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

  • Tezos (XTZ) traded down 0.1% against the dollar and now trades at $0.64 or 0.00000896 BTC.
  • Terra Classic (LUNC) traded down 3.7% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • aelf (ELF) traded up 1.3% against the dollar and now trades at $0.36 or 0.00000499 BTC.
  • Terra (LUNA) traded down 0.7% against the dollar and now trades at $0.34 or 0.00000483 BTC.
  • GXChain (GXC) traded 3.8% lower against the dollar and now trades at $0.36 or 0.00000498 BTC.
  • Adshares (ADS) traded 1.3% higher against the dollar and now trades at $0.22 or 0.00000310 BTC.
  • BitShares (BTS) traded 0.2% lower against the dollar and now trades at $0.0016 or 0.00000002 BTC.

About TRON

TRON (TRX) uses the hashing algorithm. Its launch date was September 26th, 2017. TRON’s total supply is 86,458,984,863 coins and its circulating supply is 71,659,659,264 coins. 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. 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 purchase alternative cryptocurrencies such as TRON directly using U.S. dollars. Investors seeking to trade 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.

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