TRON (TRX) Trading Down 3.7% Over Last Week

TRON (TRX) traded 0.4% lower against the U.S. dollar during the 1 day period ending at 11:00 AM E.T. on April 20th. During the last seven days, TRON has traded 3.7% lower against the U.S. dollar. TRON has a market capitalization of $7.86 billion and approximately $273.28 million worth of TRON was traded on exchanges in the last 24 hours. One TRON coin can now be purchased for $0.11 or 0.00000171 BTC on cryptocurrency exchanges.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• Tezos (XTZ) traded 2.9% higher against the dollar and now trades at $1.02 or 0.00001592 BTC.
• Terra Classic (LUNC) traded 4.1% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded up 3.6% against the dollar and now trades at $0.64 or 0.00000996 BTC.
• aelf (ELF) traded down 0% against the dollar and now trades at $0.57 or 0.00000883 BTC.
• GXChain (GXC) traded 3.1% lower against the dollar and now trades at $0.40 or 0.00000615 BTC.
• Adshares (ADS) traded 2.1% higher against the dollar and now trades at $0.43 or 0.00000674 BTC.
• BitShares (BTS) traded 1% higher against the dollar and now trades at $0.0031 or 0.00000005 BTC.

TRON Profile

TRX uses the hashing algorithm. It launched on September 26th, 2017. TRON’s total supply is 87,600,865,232 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 message board is medium.com/@tronfoundation. TRON’s official Twitter account is @trondao 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.”

TRON Coin Trading

It is usually not presently 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 Gemini, GDAX or Coinbase. 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