TRON Price Hits $0.13 (TRX)

TRON (TRX) traded 0% higher against the dollar during the 1 day period ending at 12:00 PM Eastern on July 2nd. One TRON coin can currently be bought for approximately $0.13 or 0.00000208 BTC on exchanges. TRON has a market cap of $9.22 billion and $238.55 million worth of TRON was traded on exchanges in the last 24 hours. In the last seven days, TRON has traded up 6% against the dollar.

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

• Tezos (XTZ) traded 0.2% lower against the dollar and now trades at $0.80 or 0.00001286 BTC.
• Terra Classic (LUNC) traded down 0.8% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 1.9% lower against the dollar and now trades at $0.42 or 0.00000675 BTC.
• aelf (ELF) traded down 2.1% against the dollar and now trades at $0.35 or 0.00000559 BTC.
• GXChain (GXC) traded down 6.8% against the dollar and now trades at $0.35 or 0.00000571 BTC.
• Adshares (ADS) traded 2% lower against the dollar and now trades at $0.40 or 0.00000646 BTC.
• BitShares (BTS) traded down 2.1% against the dollar and now trades at $0.0023 or 0.00000004 BTC.

TRON Coin Profile

TRX uses the hashing algorithm. Its launch date was September 26th, 2017. TRON’s total supply is 87,186,826,302 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 website for TRON is trondao.org. 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.

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 currently 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, Changelly or GDAX. 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