Tron (TRX) has been on a long streak of hibernation. The above daily chart for TRX/BTC shows that Tron (TRX) lost all its rage and thunder when the correction set in. Before that, Tron (TRX) was like favorite son to most crypto investors. However, not many of those investors attempted to show Tron (TRX) any love during the correction as they allowed the price to plunge more than 90% during the past few months. The sentiment on Twitter for Tron (TRX) is more bullish than ever, but buyers are nowhere to be seen. Tron (TRX) has officially launched its Tron Virtual Machine (TVM) today. This development had the same effect as can be expected in times like these when traders, not investors dominate the market. The volume is low and the only people to be credited for that volume are traders who buy the rumor and sell the news. The rest of Tron (TRX) investors have their coins locked up in wallets which does not influence the price. This means that the current prices of cryptocurrencies in general and Tron (TRX) in particular are not indicative of the real interest in these coins or their true value.
Tron (TRX) is down 7.2% over the past 24 hours and is currently trading at $0.02359276 USD.
Tron had a 24 hour low of $0.02340161 and a high of $0.02607595 USD
Tron is the 12th largest cryptocurrency by market cap size.
Tron currently has a marketcap of $1,551,119,237 USD
Its 24 hr trading volume is approximately $114,388,187 USD.
It has a circulating suppy of 65,748,111,645 TRX.
About Tron (TRX): TRON is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology. The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription, and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem. TRON is one of the largest blockchain-based operating systems in the world. It has extremely high throughput. The high throughput is achieved by improving the TPS in TRON, which has surpassed Bitcoin and Ethereum, to a daily use practical degree. It’s very scalable. Applications are given a wider variety of ways to be deployed in TRON because of its scalability and highly effective smart contract. It can support enormous numbers of users. It’s highly reliable. Its reliable network structure, user asset, intrinsic value and a higher degree of decentralization consensus come with an improved rewards distribution mechanism. Tron was founded in September 2017 by a Singapore based non-profit organization called the Tron Foundation. It is headed by CEO Justin Sun, and has a dedicated in-house development team that includes renowned technology stalwarts.
Tron (TRX) can be bought with fiat dollars, debit and credit cards on cryptocurrency exchanges such as Changelly.com and it can be bought with cryptocurrency on exchanges such as CoinEx, Binance, and HitBTC.
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