TRON 24-Hour Trading Volume Reaches $356.77 Million (TRX)

TRON (TRX) traded 1.3% higher against the US dollar during the 1 day period ending at 9:00 AM E.T. on March 2nd. One TRON coin can now be purchased for $0.23 or 0.00000276 BTC on major exchanges. TRON has a market capitalization of $20.20 billion and $356.77 million worth of TRON was traded on exchanges in the last 24 hours. In the last seven days, TRON has traded 3.2% lower against the US dollar.

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

• Tezos (XTZ) traded up 1.5% against the dollar and now trades at $0.75 or 0.00000884 BTC.
• Terra Classic (LUNC) traded up 1.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 0.2% against the dollar and now trades at $0.26 or 0.00000308 BTC.
• Terra (LUNA) traded up 0.6% against the dollar and now trades at $0.22 or 0.00000261 BTC.
• Adshares (ADS) traded 2.1% lower against the dollar and now trades at $0.54 or 0.00000636 BTC.
• GXChain (GXC) traded up 4.1% against the dollar and now trades at $0.25 or 0.00000289 BTC.
• BitShares (BTS) traded 1% lower against the dollar and now trades at $0.0011 or 0.00000001 BTC.

TRON Coin Profile

TRON uses the hashing algorithm. It was first traded on September 26th, 2017. TRON’s total supply is 86,065,388,436 coins and its circulating supply is 86,065,383,463 coins. 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 website is trondao.org. The official message board for TRON 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 possible to purchase alternative cryptocurrencies such as TRON directly using US dollars. Investors seeking to trade TRON should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TRON using one of the exchanges listed above.

TRX/USD price chart by TradingView