TRON Price Tops $0.23 on Major Exchanges (TRX)

TRON (TRX) traded down 2.4% against the U.S. dollar during the twenty-four hour period ending at 10:00 AM ET on February 14th. During the last seven days, TRON has traded 0.3% higher against the U.S. dollar. One TRON coin can now be purchased for $0.23 or 0.00000239 BTC on major exchanges. TRON has a market cap of $19.86 billion and $473.10 million worth of TRON was traded on exchanges in the last day.

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

• Tezos (XTZ) traded 1.5% higher against the dollar and now trades at $0.90 or 0.00000935 BTC.
• Terra Classic (LUNC) traded up 0.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 0.1% against the dollar and now trades at $0.29 or 0.00000305 BTC.
• Terra (LUNA) traded 1.1% higher against the dollar and now trades at $0.27 or 0.00000277 BTC.
• Adshares (ADS) traded 0.6% higher against the dollar and now trades at $0.57 or 0.00000590 BTC.
• GXChain (GXC) traded down 6% against the dollar and now trades at $0.25 or 0.00000261 BTC.
• BitShares (BTS) traded 0.1% lower against the dollar and now trades at $0.0011 or 0.00000001 BTC.

TRON Coin Profile

TRON (CRYPTO:TRX) uses the hashing algorithm. It was first traded on September 26th, 2017. TRON’s total supply is 86,097,177,573 coins and its circulating supply is 86,097,121,081 coins. TRON’s official website 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. 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 presently possible to buy alternative cryptocurrencies such as TRON directly using US dollars. Investors seeking to trade TRON should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. 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