TRON (TRX) Price Tops $0.12 on Top Exchanges

TRON (TRX) traded up 2.3% against the dollar during the 24 hour period ending at 18:00 PM ET on June 8th. In the last week, TRON has traded 2.1% higher against the dollar. TRON has a market cap of $8.25 billion and $330.79 million worth of TRON was traded on exchanges in the last 24 hours. One TRON coin can now be bought for about $0.12 or 0.00000166 BTC on popular exchanges.

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

  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • Tezos (XTZ) traded 4.5% lower against the dollar and now trades at $0.83 or 0.00001200 BTC.
  • Terra Classic (LUNC) traded 3.6% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Terra (LUNA) traded down 3.2% against the dollar and now trades at $0.56 or 0.00000807 BTC.
  • aelf (ELF) traded down 1.6% against the dollar and now trades at $0.46 or 0.00000660 BTC.
  • GXChain (GXC) traded 1% lower against the dollar and now trades at $0.40 or 0.00000572 BTC.
  • Adshares (ADS) traded down 0.4% against the dollar and now trades at $0.47 or 0.00000682 BTC.
  • BitShares (BTS) traded down 1.4% against the dollar and now trades at $0.0029 or 0.00000004 BTC.

TRON Profile

TRON (CRYPTO:TRX) uses the hashing algorithm. It launched on September 26th, 2017. TRON’s total supply is 87,324,388,213 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 website for TRON is trondao.org. The official message board for TRON is medium.com/@tronfoundation. 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 presently 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 Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TRON using one of the aforementioned exchanges.

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