TRON Price Up 12.1% This Week (TRX)

TRON (TRX) traded down 1.6% against the dollar during the one day period ending at 0:00 AM Eastern on March 18th. In the last week, TRON has traded up 12.1% against the dollar. One TRON coin can currently be purchased for approximately $0.0666 or 0.00000244 BTC on popular exchanges. TRON has a market cap of $4.77 billion and approximately $244.57 million worth of TRON was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Belrium (BEL) traded 0.4% lower against the dollar and now trades at $2.72 or 0.00009958 BTC.
• Tezos (XTZ) traded 3.6% lower against the dollar and now trades at $1.21 or 0.00004444 BTC.
• Terra Classic (LUNC) traded up 2.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded up 2.3% against the dollar and now trades at $1.51 or 0.00005522 BTC.
• aelf (ELF) traded down 3.1% against the dollar and now trades at $0.31 or 0.00001136 BTC.
• BitShares (BTS) traded down 2.3% against the dollar and now trades at $0.0118 or 0.00000043 BTC.
• Adshares (ADS) traded 1.3% lower against the dollar and now trades at $0.90 or 0.00003298 BTC.
• GXChain (GXC) traded 0.1% higher against the dollar and now trades at $0.44 or 0.00001615 BTC.

TRON Coin Profile

TRON (TRX) uses the hashing algorithm. It launched on September 26th, 2017. TRON’s total supply is 91,198,984,670 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 tron.network. The official message board for TRON is medium.com/@tronfoundation. TRON’s official Twitter account is @justinsuntron and its Facebook page is accessible 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 buy alternative cryptocurrencies such as TRON directly using U.S. dollars. Investors seeking to trade TRON should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TRON using one of the exchanges listed above.

TRX/USD price chart by TradingView