TRON Tops One Day Volume of $952.66 Million (TRX)

TRON (TRX) traded up 3.5% against the U.S. dollar during the 24-hour period ending at 10:00 AM ET on December 24th. Over the last week, TRON has traded 11.4% lower against the U.S. dollar. One TRON coin can currently be bought for approximately $0.26 or 0.00000263 BTC on popular cryptocurrency exchanges. TRON has a market capitalization of $22.11 billion and $952.66 million worth of TRON was traded on exchanges in the last 24 hours.

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

• Tezos (XTZ) traded up 13.8% against the dollar and now trades at $1.45 or 0.00001493 BTC.
• Terra Classic (LUNC) traded 7.9% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 4.3% higher against the dollar and now trades at $0.49 or 0.00000501 BTC.
• Terra (LUNA) traded 10.7% higher against the dollar and now trades at $0.45 or 0.00000462 BTC.
• GXChain (GXC) traded up 4.3% against the dollar and now trades at $0.42 or 0.00000431 BTC.
• Adshares (ADS) traded 0.3% lower against the dollar and now trades at $0.76 or 0.00000777 BTC.
• BitShares (BTS) traded 2% lower against the dollar and now trades at $0.0016 or 0.00000002 BTC.

TRON Coin Profile

TRX uses the hashing algorithm. It launched on September 26th, 2017. TRON’s total supply is 86,211,293,473 coins and its circulating supply is 86,211,225,477 coins. 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 Twitter account is @trondao and its Facebook page is accessible 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.”

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, Coinbase or Changelly. 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