TRON (TRX) One Day Volume Hits $1.15 Billion

TRON (TRX) traded up 8.1% against the US dollar during the twenty-four hour period ending at 14:00 PM ET on August 20th. One TRON coin can currently be bought for $0.15 or 0.00000258 BTC on exchanges. TRON has a market cap of $10.90 billion and approximately $1.15 billion worth of TRON was traded on exchanges in the last day. Over the last seven days, TRON has traded up 18.5% against the US dollar.

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

• Tezos (XTZ) traded 0.7% higher against the dollar and now trades at $0.66 or 0.00001122 BTC.
• Terra Classic (LUNC) traded up 2.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 0.7% against the dollar and now trades at $0.39 or 0.00000657 BTC.
• Terra (LUNA) traded 1% higher against the dollar and now trades at $0.33 or 0.00000554 BTC.
• GXChain (GXC) traded 0.7% higher against the dollar and now trades at $0.37 or 0.00000633 BTC.
• Adshares (ADS) traded 1.9% higher against the dollar and now trades at $0.23 or 0.00000388 BTC.
• BitShares (BTS) traded down 5.4% against the dollar and now trades at $0.0017 or 0.00000003 BTC.

TRON Profile

TRON uses the hashing algorithm. It was first traded on September 26th, 2017. TRON’s total supply is 86,930,835,211 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 website for TRON is trondao.org. TRON’s official Twitter account is @trondao and its Facebook page is accessible here. 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 presently possible to purchase alternative cryptocurrencies such as TRON directly using U.S. dollars. Investors seeking to acquire TRON should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. 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