TRON (TRX) Price Up 7.7% This Week

TRON (TRX) traded up 0.7% against the dollar during the 24-hour period ending at 10:00 AM ET on February 10th. During the last seven days, TRON has traded up 7.7% against the dollar. TRON has a market capitalization of $20.55 billion and approximately $23.52 million worth of TRON was traded on exchanges in the last day. One TRON coin can currently be bought for $0.24 or 0.00000245 BTC on cryptocurrency exchanges.

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

• Tezos (XTZ) traded 1.6% lower against the dollar and now trades at $0.89 or 0.00000909 BTC.
• Terra Classic (LUNC) traded 0.6% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 0.5% higher against the dollar and now trades at $0.29 or 0.00000302 BTC.
• Terra (LUNA) traded 0.4% higher against the dollar and now trades at $0.26 or 0.00000264 BTC.
• Adshares (ADS) traded up 1% against the dollar and now trades at $0.56 or 0.00000570 BTC.
• GXChain (GXC) traded up 1.5% against the dollar and now trades at $0.27 or 0.00000273 BTC.
• BitShares (BTS) traded 0.8% higher against the dollar and now trades at $0.0012 or 0.00000001 BTC.

About TRON

TRON (CRYPTO:TRX) uses the hashing algorithm. It was first traded on September 26th, 2017. TRON’s total supply is 86,106,467,443 coins and its circulating supply is 86,106,434,748 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.”

Buying and Selling TRON

It is usually not possible to purchase alternative cryptocurrencies such as TRON directly using U.S. dollars. Investors seeking to acquire TRON should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. 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