Tron is the mainnet blockchain that runs the TRX coin. The Tron blockchain works similarly to Ethereum and other blockchains in that it is used to build decentralized applications (DApps). Just as Ether (ETH) is the base coin of the Ethereum blockchain, TRX, sometimes known as Tronix, is the base coin of the Tron blockchain. TRX is sometimes simply called Tron, even though the blockchain shares the same name. TRX started as an Ethereum blockchain project in 2017 but transitioned to its mainnet in 2018. The price of the Tron coin is constantly changing, like most crypto assets. Check out Cointelegraph’s Tron Price Index for today’s Tron (TRX) price, which is constantly updating. The index also includes Tron price charts, Tron price history, and more.
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What is Tron?
Tron is a smart contract platform for building decentralized applications or dapps. What sets Tron apart is its Asia-focused market strategy, which relies heavily on the encouragement of its creator, Justin Sun. His technical papers have been translated into various languages which are not intended for crypto projects. Tron acquires the peer-to-peer BitTorrent network and its BTT token is launched on the Tron blockchain
Who’s behind Tron?
Tron was founded by Justin Sun, a well-known figure in the crypto world and the Asian hemisphere. He is a two-time winner of the Forbes 30 Under 30 Awards in Asia. Prior to finding Tron, he worked for Ripple, the company behind the cryptocurrency XRP.
What makes Tron promising?
- Tron and its founder Justin Sun have a large following in Asia, especially in China.
- Tron cryptocurrency TRX is used to pay fees on the Tron blockchain. TRX can also be staked (locked) for betting rewards. 3. Tron Foundation buys BitTorrent and BTT is released on Tron Blockchain, which can attract more attention and activity.
Value of Tron
Find out the value of Tron on the best cryptocurrency exchanges: Finance, Bitfinex, Bitstamp, Coinbase, HitBTC, Kraken, and Okex. Check the box to compare prices between exchanges on the chart. Different views available: candlestick, OHLC, line chart. Use the buttons to switch between Tron charts. By default, information is provided for the last week, but the user can choose a day/week/month/year, three-month data, or a custom period. It has a built-in function to print and download Tron price charts. It is possible to download data in .xls/.csv format.
Today’s Tron price is INR 5,532 and the 24-hour trading volume is INR 355,416,805. The change in the price of TRX in the last 24 hours is -0.107. It has a circulating stock of 92,414,715,047,673 coins and a total stock of 101,900,409,184,273. TRX’s total market cap is INR 510,734,858,293,365 which represents a movement of -1,925 in the last 24 hours
