TRON Self Reported Market Cap Reaches $11.73 Billion (TRX)

TRON (TRX) traded 0.3% lower against the dollar during the 1-day period ending at 14:00 PM ET on November 4th. TRON has a total market cap of $11.73 billion and $329.05 million worth of TRON was traded on exchanges in the last 24 hours. During the last week, TRON has traded down 0.1% against the dollar. One TRON coin can currently be bought for $0.16 or 0.00000241 BTC on major exchanges.

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

• Tezos (XTZ) traded 0.8% lower against the dollar and now trades at $0.59 or 0.00000873 BTC.
• Terra Classic (LUNC) traded 3.4% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 2.7% against the dollar and now trades at $0.32 or 0.00000476 BTC.
• Terra (LUNA) traded 0.3% higher against the dollar and now trades at $0.30 or 0.00000448 BTC.
• GXChain (GXC) traded up 0.5% against the dollar and now trades at $0.35 or 0.00000520 BTC.
• Adshares (ADS) traded 3.4% lower against the dollar and now trades at $0.22 or 0.00000326 BTC.
• BitShares (BTS) traded down 0.5% against the dollar and now trades at $0.0015 or 0.00000002 BTC.

TRON Profile

TRON (TRX) uses the hashing algorithm. It launched on September 26th, 2017. TRON’s total supply is 86,446,492,820 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 Twitter account is @trondao and its Facebook page is accessible here. The official message board for TRON is medium.com/@tronfoundation. TRON’s official website 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 presently possible to buy alternative cryptocurrencies such as TRON directly using U.S. dollars. Investors seeking to acquire TRON should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TRON using one of the exchanges listed above.

TRX/USD price chart by TradingView