TRON Self Reported Market Capitalization Tops $10.97 Billion (TRX)

TRON (TRX) traded 0.1% lower against the U.S. dollar during the twenty-four hour period ending at 17:00 PM E.T. on September 11th. One TRON coin can now be bought for $0.15 or 0.00000267 BTC on major exchanges. TRON has a market cap of $10.97 billion and $292.64 million worth of TRON was traded on exchanges in the last 24 hours. During the last seven days, TRON has traded up 2.1% against the U.S. dollar.

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

• Tezos (XTZ) traded 2% lower against the dollar and now trades at $0.63 or 0.00001103 BTC.
• Terra Classic (LUNC) traded 2.7% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 0.9% against the dollar and now trades at $0.37 or 0.00000644 BTC.
• Terra (LUNA) traded down 4% against the dollar and now trades at $0.38 or 0.00000667 BTC.
• GXChain (GXC) traded 2.9% higher against the dollar and now trades at $0.28 or 0.00000490 BTC.
• Adshares (ADS) traded up 4.3% against the dollar and now trades at $0.22 or 0.00000386 BTC.
• BitShares (BTS) traded 1.7% higher against the dollar and now trades at $0.0017 or 0.00000003 BTC.

About TRON

TRON uses the hashing algorithm. It launched on September 26th, 2017. TRON’s total supply is 86,710,284,344 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 official website for TRON is trondao.org. 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.

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 purchase alternative cryptocurrencies such as TRON directly using U.S. dollars. Investors seeking to trade TRON should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TRON using one of the aforementioned exchanges.

TRX/USD price chart by TradingView