TRON (TRX) Trading Up 6.2% Over Last 7 Days

TRON (TRX) traded 1.7% higher against the dollar during the 24-hour period ending at 22:00 PM E.T. on October 26th. One TRON coin can now be bought for about $0.17 or 0.00000248 BTC on major exchanges. During the last week, TRON has traded 6.2% higher against the dollar. TRON has a total market capitalization of $11.88 billion and approximately $298.82 million worth of TRON was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Tezos (XTZ) traded down 0% against the dollar and now trades at $0.63 or 0.00000945 BTC.
• Terra Classic (LUNC) traded up 1.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 0.9% against the dollar and now trades at $0.35 or 0.00000523 BTC.
• Terra (LUNA) traded 1.3% higher against the dollar and now trades at $0.33 or 0.00000498 BTC.
• GXChain (GXC) traded 0.9% lower against the dollar and now trades at $0.35 or 0.00000523 BTC.
• Adshares (ADS) traded 0.8% higher against the dollar and now trades at $0.22 or 0.00000329 BTC.
• BitShares (BTS) traded down 1.8% against the dollar and now trades at $0.0015 or 0.00000002 BTC.

TRON Coin Profile

TRON (CRYPTO:TRX) uses the hashing algorithm. It launched on September 26th, 2017. TRON’s total supply is 86,485,523,621 coins and its circulating supply is 71,659,659,264 coins. The official message board for TRON is medium.com/@tronfoundation. 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 website for TRON is trondao.org.

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