TRON (TRX) One Day Trading Volume Tops $358.73 Million

TRON (TRX) traded up 0.1% against the U.S. dollar during the 1-day period ending at 0:00 AM E.T. on May 10th. One TRON coin can currently be purchased for approximately $0.13 or 0.00000209 BTC on popular cryptocurrency exchanges. Over the last week, TRON has traded up 3.4% against the U.S. dollar. TRON has a total market cap of $9.09 billion and approximately $358.73 million worth of TRON was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed over the last day:

  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • Tezos (XTZ) traded down 4.2% against the dollar and now trades at $0.91 or 0.00001493 BTC.
  • Terra Classic (LUNC) traded down 3.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Terra (LUNA) traded 5.5% lower against the dollar and now trades at $0.59 or 0.00000970 BTC.
  • aelf (ELF) traded down 1.8% against the dollar and now trades at $0.54 or 0.00000881 BTC.
  • GXChain (GXC) traded 0.1% lower against the dollar and now trades at $0.40 or 0.00000650 BTC.
  • Adshares (ADS) traded down 4% against the dollar and now trades at $0.38 or 0.00000623 BTC.
  • BitShares (BTS) traded 0.6% higher against the dollar and now trades at $0.0031 or 0.00000005 BTC.

TRON Coin Profile

TRON uses the hashing algorithm. It launched on September 26th, 2017. TRON’s total supply is 87,487,451,006 coins and its circulating supply is 71,659,659,264 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. 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.”

TRON Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as TRON directly using US dollars. Investors seeking to trade TRON should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TRON using one of the exchanges listed above.

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