TRON (TRX) Price Reaches $0.12 on Top Exchanges

TRON (TRX) traded down 0.5% against the US dollar during the twenty-four hour period ending at 22:00 PM E.T. on June 30th. One TRON coin can now be bought for about $0.12 or 0.00000197 BTC on major cryptocurrency exchanges. Over the last week, TRON has traded up 4.8% against the US dollar. TRON has a total market cap of $8.94 billion and $185.02 million worth of TRON was traded on exchanges in the last 24 hours.

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

• Tezos (XTZ) traded 5.3% higher against the dollar and now trades at $0.80 or 0.00001263 BTC.
• Terra Classic (LUNC) traded 3.9% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 5.4% higher against the dollar and now trades at $0.43 or 0.00000684 BTC.
• aelf (ELF) traded 2.1% higher against the dollar and now trades at $0.35 or 0.00000559 BTC.
• GXChain (GXC) traded up 1.4% against the dollar and now trades at $0.39 or 0.00000609 BTC.
• Adshares (ADS) traded 0.6% higher against the dollar and now trades at $0.40 or 0.00000629 BTC.
• BitShares (BTS) traded 0.8% lower against the dollar and now trades at $0.0024 or 0.00000004 BTC.

TRON Coin Profile

TRON uses the hashing algorithm. Its launch date was September 26th, 2017. TRON’s total supply is 87,199,431,227 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. 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.

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 trade TRON should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. 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