TRON (TRX) Self Reported Market Cap Hits $10.56 Billion

TRON (TRX) traded down 1.2% against the dollar during the twenty-four hour period ending at 15:00 PM ET on September 14th. TRON has a market capitalization of $10.56 billion and $243.14 million worth of TRON was traded on exchanges in the last day. One TRON coin can currently be bought for approximately $0.15 or 0.00000246 BTC on major cryptocurrency exchanges. Over the last seven days, TRON has traded down 2.7% against the dollar.

Here is how related cryptocurrencies have performed over the last day:

• Tezos (XTZ) traded 1.4% lower against the dollar and now trades at $0.65 or 0.00001084 BTC.
• Terra Classic (LUNC) traded up 4.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 6.8% higher against the dollar and now trades at $0.42 or 0.00000710 BTC.
• aelf (ELF) traded 0.7% lower against the dollar and now trades at $0.37 or 0.00000623 BTC.
• GXChain (GXC) traded 4.8% higher against the dollar and now trades at $0.29 or 0.00000489 BTC.
• Adshares (ADS) traded down 6.5% against the dollar and now trades at $0.21 or 0.00000347 BTC.
• BitShares (BTS) traded up 0.1% against the dollar and now trades at $0.0018 or 0.00000003 BTC.

TRON Profile

TRX uses the hashing algorithm. Its launch date was September 26th, 2017. TRON’s total supply is 86,697,736,118 coins and its circulating supply is 71,659,659,264 coins. 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. TRON’s official Twitter account is @trondao and its Facebook page is accessible here. TRON’s official message board 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 currently possible to purchase alternative cryptocurrencies such as TRON directly using US dollars. Investors seeking to trade TRON should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, 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