TRON Price Up 2% Over Last 7 Days (TRX)

TRON (TRX) traded down 1.3% against the dollar during the 1 day period ending at 23:00 PM Eastern on October 1st. TRON has a total market capitalization of $11.04 billion and $452.99 million worth of TRON was traded on exchanges in the last 24 hours. Over the last week, TRON has traded up 2% against the dollar. One TRON coin can currently be bought for about $0.15 or 0.00000249 BTC on major cryptocurrency exchanges.

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

• Tezos (XTZ) traded down 6.1% against the dollar and now trades at $0.67 or 0.00001086 BTC.
• Terra Classic (LUNC) traded down 5.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 6.2% against the dollar and now trades at $0.38 or 0.00000611 BTC.
• Terra (LUNA) traded 7.2% lower against the dollar and now trades at $0.39 or 0.00000625 BTC.
• GXChain (GXC) traded 4.6% lower against the dollar and now trades at $0.33 or 0.00000533 BTC.
• Adshares (ADS) traded down 0.6% against the dollar and now trades at $0.21 or 0.00000332 BTC.
• BitShares (BTS) traded 4.4% lower against the dollar and now trades at $0.0020 or 0.00000003 BTC.

About TRON

TRON uses the hashing algorithm. It was first traded on September 26th, 2017. TRON’s total supply is 86,604,159,647 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. TRON’s official message board 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.”

Buying and Selling TRON

It is usually not currently possible to buy alternative cryptocurrencies such as TRON directly using U.S. dollars. Investors seeking to trade TRON should first buy 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 buy TRON using one of the aforementioned exchanges.

TRX/USD price chart by TradingView