TRON Reaches One Day Trading Volume of $275.00 Million (TRX)

TRON (TRX) traded 0.6% lower against the US dollar during the 24 hour period ending at 14:00 PM E.T. on October 23rd. TRON has a total market capitalization of $11.42 billion and $275.00 million worth of TRON was traded on exchanges in the last 24 hours. Over the last week, TRON has traded down 0.4% against the US dollar. One TRON coin can currently be purchased for approximately $0.16 or 0.00000244 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Tezos (XTZ) traded down 4.9% against the dollar and now trades at $0.65 or 0.00000996 BTC.
• Terra Classic (LUNC) traded down 5.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 3.2% lower against the dollar and now trades at $0.36 or 0.00000552 BTC.
• Terra (LUNA) traded 6.5% lower against the dollar and now trades at $0.36 or 0.00000544 BTC.
• GXChain (GXC) traded up 2.8% against the dollar and now trades at $0.36 or 0.00000547 BTC.
• Adshares (ADS) traded 2.6% lower against the dollar and now trades at $0.22 or 0.00000337 BTC.
• BitShares (BTS) traded 0.1% higher against the dollar and now trades at $0.0016 or 0.00000002 BTC.

About TRON

TRX uses the hashing algorithm. Its genesis date was September 26th, 2017. TRON’s total supply is 86,500,991,170 coins and its circulating supply is 71,659,659,264 coins. The Reddit community for TRON is https://reddit.com/r/tronix and the currency’s Github account can be viewed here. The official message board for TRON is medium.com/@tronfoundation. TRON’s official website 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 trade TRON should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. 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