TRON (TRX) Price Reaches $0.11 on Exchanges

TRON (TRX) traded down 1.2% against the US dollar during the 24 hour period ending at 15:00 PM ET on April 18th. During the last week, TRON has traded down 9% against the US dollar. TRON has a market capitalization of $7.81 billion and $370.90 million worth of TRON was traded on exchanges in the last 24 hours. One TRON coin can currently be purchased for $0.11 or 0.00000172 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last 24 hours:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• Tezos (XTZ) traded 1.2% higher against the dollar and now trades at $0.97 or 0.00001530 BTC.
• Terra Classic (LUNC) traded 0.5% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 0.6% higher against the dollar and now trades at $0.61 or 0.00000958 BTC.
• aelf (ELF) traded up 1.9% against the dollar and now trades at $0.56 or 0.00000880 BTC.
• GXChain (GXC) traded 5.5% higher against the dollar and now trades at $0.43 or 0.00000681 BTC.
• Adshares (ADS) traded up 0.2% against the dollar and now trades at $0.37 or 0.00000591 BTC.
• BitShares (BTS) traded 2.1% higher against the dollar and now trades at $0.0031 or 0.00000005 BTC.

About TRON

TRX uses the hashing algorithm. Its genesis date was September 26th, 2017. TRON’s total supply is 87,611,700,217 coins and its circulating supply is 71,659,659,264 coins. TRON’s official Twitter account is @trondao and its Facebook page is accessible here. 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. The official website for TRON 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 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 GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TRON using one of the exchanges listed above.

TRX/USD price chart by TradingView