TRON Price Hits $0.11 on Exchanges (TRX)

TRON (TRX) traded up 0.8% against the U.S. dollar during the 1-day period ending at 22:00 PM ET on April 16th. During the last seven days, TRON has traded down 7.4% against the U.S. dollar. One TRON coin can now be purchased for about $0.11 or 0.00000175 BTC on exchanges. TRON has a total market capitalization of $8.03 billion and $417.98 million worth of TRON was traded on exchanges in the last day.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• Tezos (XTZ) traded 0.1% lower against the dollar and now trades at $0.99 or 0.00001548 BTC.
• Terra Classic (LUNC) traded 1.8% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded up 0.3% against the dollar and now trades at $0.60 or 0.00000943 BTC.
• aelf (ELF) traded 0.9% higher against the dollar and now trades at $0.56 or 0.00000879 BTC.
• GXChain (GXC) traded down 5.2% against the dollar and now trades at $0.41 or 0.00000644 BTC.
• Adshares (ADS) traded 0.1% higher against the dollar and now trades at $0.37 or 0.00000586 BTC.
• BitShares (BTS) traded down 2.4% against the dollar and now trades at $0.0030 or 0.00000005 BTC.

About TRON

TRON uses the hashing algorithm. It was first traded on September 26th, 2017. TRON’s total supply is 87,626,213,989 coins and its circulating supply is 71,659,659,264 coins. The official website for TRON is trondao.org. TRON’s official message board is medium.com/@tronfoundation. 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.

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

TRX/USD price chart by TradingView