TRON (TRX) Price Hits $0.17 on Major Exchanges

TRON (TRX) traded 1.3% higher against the US dollar during the 24-hour period ending at 12:00 PM ET on October 29th. TRON has a market cap of $11.86 billion and approximately $377.40 million worth of TRON was traded on exchanges in the last 24 hours. In the last seven days, TRON has traded 3.4% higher against the US dollar. One TRON coin can now be bought for $0.17 or 0.00000229 BTC on popular cryptocurrency exchanges.

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

• Tezos (XTZ) traded up 6.4% against the dollar and now trades at $0.67 or 0.00000927 BTC.
• Terra Classic (LUNC) traded up 3.7% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 3% against the dollar and now trades at $0.36 or 0.00000499 BTC.
• Terra (LUNA) traded up 4.9% against the dollar and now trades at $0.35 or 0.00000479 BTC.
• GXChain (GXC) traded 12.2% higher against the dollar and now trades at $0.39 or 0.00000542 BTC.
• Adshares (ADS) traded up 4.2% against the dollar and now trades at $0.23 or 0.00000318 BTC.
• BitShares (BTS) traded up 2.3% against the dollar and now trades at $0.0015 or 0.00000002 BTC.

About TRON

TRX uses the hashing algorithm. It was first traded on September 26th, 2017. TRON’s total supply is 86,474,375,352 coins and its circulating supply is 71,659,659,264 coins. TRON’s official website is trondao.org. The Reddit community for TRON is https://reddit.com/r/tronix and the currency’s Github account can be viewed here. TRON’s official Twitter account is @trondao and its Facebook page is accessible here. The official message board for TRON 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 presently possible to purchase alternative cryptocurrencies such as TRON directly using U.S. dollars. Investors seeking to acquire TRON should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TRON using one of the exchanges listed above.

TRX/USD price chart by TradingView