TRON Price Hits $0.25 on Exchanges (TRX)

TRON (TRX) traded down 2.1% against the dollar during the twenty-four hour period ending at 10:00 AM ET on January 25th. One TRON coin can currently be purchased for $0.25 or 0.00000244 BTC on major cryptocurrency exchanges. TRON has a market cap of $21.94 billion and $584.07 million worth of TRON was traded on exchanges in the last 24 hours. In the last week, TRON has traded 4.6% higher against the dollar.

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

• Tezos (XTZ) traded 2.7% lower against the dollar and now trades at $1.16 or 0.00001112 BTC.
• Terra Classic (LUNC) traded down 2.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 0.7% against the dollar and now trades at $0.38 or 0.00000364 BTC.
• Terra (LUNA) traded down 3.5% against the dollar and now trades at $0.34 or 0.00000326 BTC.
• GXChain (GXC) traded 0.2% lower against the dollar and now trades at $0.33 or 0.00000314 BTC.
• Adshares (ADS) traded 0.4% lower against the dollar and now trades at $0.63 or 0.00000603 BTC.
• BitShares (BTS) traded 0.8% lower against the dollar and now trades at $0.0011 or 0.00000001 BTC.

TRON Profile

TRON (CRYPTO:TRX) uses the hashing algorithm. It launched on September 26th, 2017. TRON’s total supply is 86,134,792,980 coins and its circulating supply is 86,134,769,972 coins. 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. The official website for TRON is trondao.org. TRON’s official message board 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 possible to buy alternative cryptocurrencies such as TRON directly using U.S. dollars. Investors seeking to acquire TRON should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy TRON using one of the exchanges listed above.

TRX/USD price chart by TradingView