TRON Price Reaches $0.12 on Major Exchanges (TRX)

TRON (TRX) traded 0% higher against the US dollar during the 24-hour period ending at 14:00 PM E.T. on April 27th. During the last seven days, TRON has traded up 8.4% against the US dollar. TRON has a total market capitalization of $8.60 billion and $316.34 million worth of TRON was traded on exchanges in the last day. One TRON coin can now be bought for about $0.12 or 0.00000189 BTC on cryptocurrency exchanges.

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 up 0.2% against the dollar and now trades at $1.01 or 0.00001597 BTC.
• Terra Classic (LUNC) traded 1% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 4% against the dollar and now trades at $0.63 or 0.00001002 BTC.
• Terra (LUNA) traded 1.2% lower against the dollar and now trades at $0.62 or 0.00000977 BTC.
• GXChain (GXC) traded 0.1% lower against the dollar and now trades at $0.40 or 0.00000630 BTC.
• Adshares (ADS) traded up 2% against the dollar and now trades at $0.41 or 0.00000653 BTC.
• BitShares (BTS) traded up 0.9% against the dollar and now trades at $0.0033 or 0.00000005 BTC.

TRON Profile

TRON uses the hashing algorithm. Its launch date was September 26th, 2017. TRON’s total supply is 87,560,054,125 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. TRON’s official message board is medium.com/@tronfoundation. TRON’s official website 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.”

TRON Coin Trading

It is usually not presently 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 GDAX, Changelly 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