TRON 1-Day Trading Volume Hits $309.91 Million (TRX)

TRON (TRX) traded down 0.1% against the U.S. dollar during the 1 day period ending at 18:00 PM Eastern on September 16th. One TRON coin can now be bought for approximately $0.15 or 0.00000257 BTC on popular cryptocurrency exchanges. Over the last seven days, TRON has traded down 3.6% against the U.S. dollar. TRON has a total market capitalization of $10.65 billion and approximately $309.91 million worth of TRON was traded on exchanges in the last 24 hours.

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

• Tezos (XTZ) traded 1.2% lower against the dollar and now trades at $0.63 or 0.00001082 BTC.
• Terra Classic (LUNC) traded down 4.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded down 8% against the dollar and now trades at $0.37 or 0.00000643 BTC.
• aelf (ELF) traded 4.8% lower against the dollar and now trades at $0.35 or 0.00000605 BTC.
• GXChain (GXC) traded up 0.2% against the dollar and now trades at $0.31 or 0.00000528 BTC.
• Adshares (ADS) traded down 26.8% against the dollar and now trades at $0.20 or 0.00000341 BTC.
• BitShares (BTS) traded up 1.7% against the dollar and now trades at $0.0018 or 0.00000003 BTC.

TRON Coin Profile

TRON (CRYPTO:TRX) uses the hashing algorithm. It was first traded on September 26th, 2017. TRON’s total supply is 86,689,955,036 coins and its circulating supply is 71,659,659,264 coins. The official message board for TRON is medium.com/@tronfoundation. TRON’s official Twitter account is @trondao and its Facebook page is accessible here. TRON’s official website is trondao.org. 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.”

Buying and Selling TRON

It is usually not possible to purchase alternative cryptocurrencies such as TRON directly using U.S. dollars. Investors seeking to trade TRON should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase 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