TRON (TRX) Hits Self Reported Market Capitalization of $10.92 Billion

TRON (TRX) traded down 0.9% against the dollar during the one day period ending at 23:00 PM E.T. on September 10th. In the last seven days, TRON has traded 1% higher against the dollar. TRON has a total market capitalization of $10.92 billion and approximately $298.59 million worth of TRON was traded on exchanges in the last day. One TRON coin can currently be bought for about $0.15 or 0.00000268 BTC on popular exchanges.

Here is how other cryptocurrencies have performed in the last day:

• Tezos (XTZ) traded down 0.3% against the dollar and now trades at $0.63 or 0.00001116 BTC.
• Terra Classic (LUNC) traded 2.6% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 2% higher against the dollar and now trades at $0.37 or 0.00000648 BTC.
• Terra (LUNA) traded up 7.4% against the dollar and now trades at $0.38 or 0.00000661 BTC.
• GXChain (GXC) traded 12.8% lower against the dollar and now trades at $0.28 or 0.00000490 BTC.
• Adshares (ADS) traded up 3.3% against the dollar and now trades at $0.22 or 0.00000384 BTC.
• BitShares (BTS) traded up 0.7% against the dollar and now trades at $0.0017 or 0.00000003 BTC.

TRON Profile

TRON (TRX) uses the hashing algorithm. It was first traded on September 26th, 2017. TRON’s total supply is 86,715,493,013 coins and its circulating supply is 71,659,659,264 coins. TRON’s official Twitter account is @trondao and its Facebook page is accessible here. The official message board for TRON is medium.com/@tronfoundation. The Reddit community for TRON is https://reddit.com/r/tronix and the currency’s Github account can be viewed here. TRON’s official website is trondao.org.

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 purchase alternative cryptocurrencies such as TRON directly using US dollars. Investors seeking to trade TRON should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. 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