TRON (TRX) Reaches One Day Trading Volume of $547.59 Million

TRON (TRX) traded down 1.2% against the US dollar during the 24 hour period ending at 21:00 PM ET on October 25th. TRON has a total market capitalization of $11.68 billion and $547.59 million worth of TRON was traded on exchanges in the last 24 hours. During the last seven days, TRON has traded up 2.9% against the US dollar. One TRON coin can now be purchased for $0.16 or 0.00000245 BTC on major exchanges.

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

• Tezos (XTZ) traded 5.7% lower against the dollar and now trades at $0.63 or 0.00000946 BTC.
• Terra Classic (LUNC) traded down 4.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 5.2% lower against the dollar and now trades at $0.35 or 0.00000522 BTC.
• Terra (LUNA) traded 10.3% lower against the dollar and now trades at $0.33 or 0.00000491 BTC.
• GXChain (GXC) traded 2% higher against the dollar and now trades at $0.37 or 0.00000550 BTC.
• Adshares (ADS) traded down 2.7% against the dollar and now trades at $0.22 or 0.00000328 BTC.
• BitShares (BTS) traded down 3.5% against the dollar and now trades at $0.0015 or 0.00000002 BTC.

TRON Profile

TRON (TRX) uses the hashing algorithm. Its launch date was September 26th, 2017. TRON’s total supply is 86,488,625,238 coins and its circulating supply is 71,659,659,264 coins. TRON’s official message board 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. The official website for TRON is trondao.org. 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 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 Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TRON using one of the aforementioned exchanges.

TRX/USD price chart by TradingView