TRON Price Hits $0.15 on Top Exchanges (TRX)

TRON (TRX) traded down 3.3% against the US dollar during the 1 day period ending at 19:00 PM ET on August 21st. One TRON coin can currently be bought for approximately $0.15 or 0.00000251 BTC on exchanges. During the last seven days, TRON has traded 18.1% higher against the US dollar. TRON has a market cap of $11.04 billion and $1.59 billion worth of TRON was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Tezos (XTZ) traded up 4.4% against the dollar and now trades at $0.70 or 0.00001132 BTC.
• Terra Classic (LUNC) traded 5.4% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 2.1% higher against the dollar and now trades at $0.40 or 0.00000646 BTC.
• Terra (LUNA) traded up 2.5% against the dollar and now trades at $0.34 or 0.00000550 BTC.
• GXChain (GXC) traded 2.7% higher against the dollar and now trades at $0.40 or 0.00000643 BTC.
• Adshares (ADS) traded down 2.5% against the dollar and now trades at $0.22 or 0.00000363 BTC.
• BitShares (BTS) traded 3.2% higher against the dollar and now trades at $0.0018 or 0.00000003 BTC.

About TRON

TRON (TRX) uses the hashing algorithm. Its launch date was September 26th, 2017. TRON’s total supply is 86,896,155,755 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. 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.”

Buying and Selling TRON

It is usually not possible to buy alternative cryptocurrencies such as TRON directly using US dollars. Investors seeking to acquire TRON should first buy 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 buy TRON using one of the aforementioned exchanges.

TRX/USD price chart by TradingView