TRON Achieves Self Reported Market Capitalization of $6.02 Billion (TRX)

TRON (TRX) traded 0.7% higher against the US dollar during the twenty-four hour period ending at 20:00 PM E.T. on September 18th. TRON has a total market cap of $6.02 billion and $179.03 million worth of TRON was traded on exchanges in the last day. One TRON coin can currently be purchased for approximately $0.0840 or 0.00000314 BTC on exchanges. Over the last week, TRON has traded up 8.4% against the US dollar.

Here’s how other cryptocurrencies have performed over the last day:

• Belrium (BEL) traded 0.5% higher against the dollar and now trades at $2.56 or 0.00009570 BTC.
• Tezos (XTZ) traded up 1.8% against the dollar and now trades at $0.67 or 0.00002506 BTC.
• Terra Classic (LUNC) traded down 0.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 6.9% against the dollar and now trades at $0.37 or 0.00001391 BTC.
• Terra (LUNA) traded 0.5% higher against the dollar and now trades at $0.39 or 0.00001459 BTC.
• BitShares (BTS) traded down 0.2% against the dollar and now trades at $0.0090 or 0.00000034 BTC.
• GXChain (GXC) traded 0% higher against the dollar and now trades at $0.31 or 0.00001154 BTC.
• Adshares (ADS) traded 4.3% lower against the dollar and now trades at $0.49 or 0.00001838 BTC.

TRON Profile

TRON (CRYPTO:TRX) uses the hashing algorithm. It launched on September 26th, 2017. TRON’s total supply is 89,173,895,374 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. The official message board for TRON is medium.com/@tronfoundation. TRON’s official website is tron.network. TRON’s official Twitter account is @justinsuntron and its Facebook page is accessible here.

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TRON using one of the exchanges listed above.

TRX/USD price chart by TradingView