TRON
TRONRank: # 8
Market Cap: $ 30,643,743,625
Volume (24hrs): $ 633,234,719
Circulating Supply: 94,780,373,756 TRX
Price in BTC: Ƀ 0.00000418
Change (1 Hr): -0.10%
Change (7 Days): -1.25%
Change (30 Days): 2.26%
All Time High: $ 0.431288
All Time High Date: December 4, 2024
TRON Coverter:
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- News
| Date | Open | Close | High | Low | Volume |
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| # | Source | Pair | Volume | Price | Change | Updated |
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- Strategy stock beats Bitcoin after rising 25% in a month: BTC bottom in?Cointelegraph.com News - 10 hours agoHistorically, MSTR’s outperformance signals traders are taking more risk, betting Bitcoin’s worst drawdown phase may be over.Strategy’s MSTR stock has jumped roughly 25% over the…
- China’s new online marketing rules tighten ban on crypto promotionsCointelegraph.com News - 11 hours agoChina’s new online marketing rules tighten an already sweeping crypto ban and place fresh pressure on financial influencers, echoing parallel crackdowns in Europe, Australia and…
- ECB signs standards deals to cut digital euro integration costsCointelegraph.com News - 11 hours agoThe ECB signed deals with three standards bodies to reuse open payment standards for the digital euro and lower integration costs for banks and merchants.The…
- Zondacrypto CEO goes off radar as Poland probe deepensCointelegraph.com News - 11 hours agoPolish prosecutors are investigating Zondacrypto over alleged fraud and fund access issues, while local media report that CEO Przemysław Kral is in Israel.Zondacrypto’s crisis deepened…
- Wisconsin sues Kalshi, Polymarket, others over sports event contractsCointelegraph.com News - 13 hours agoWisconsin’s lawsuit against Kalshi, Robinhood, Coinbase, Polymarket and Crypto.com deepens the battle between state gambling enforcers and federal regulators over sports prediction markets.Wisconsin’s top law…
What is TRON?
Tronix (TRX) is a coin, initially launched on Ethereum Blockchain as an ERC-20 token. However, in June 2018 Tron foundation launched their own proprietary Blockchain that promised to have higher transaction speeds than Ethereum. The transaction speed of Tron in tests was 2000 Transactions per second (TPS) compared to Ethereum 25 TPS. The shifting from Ethereum blockchain to Tron blockchain was completed by burning 1 billion ERC-20 tokens (TRX). Tron is available on major exchanges such as Binance, OKEx, Huobi, Kucoin, Bittrex etc.
The purpose of TRX coin is to be a decentralized content distribution platform for the social media and digital entertainment industry. Some of the features of TRX includes the ability to upload, save and download images, audio, video, and characters. Tron can be considered as a next generation social media outlet where one can share the content with anyone on the internet and get paid in form of TRX coin. It empowers the user to manage, secure and distribute the content as and when required, thus enhancing the privacy.
Tron is the vision of Justin Sun, who is the founder and CEO of Tron foundation. He remained a chief representative of Ripple (XRP) in China. He is also the founder of "Peiwo" website with a registered user base of over 10 million. The live streaming app of "Peiwo" is fully integrated with Tron. Tron is headed to revolutionize the social media with its decentralization technology.
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