Market Cap
$20,669,489,146.0
Fully Diluted Valuation
$20,674,704,288.1
24 Hour Trading Vol
$1,759,690,265.0
Circulating Supply
86,144,184,064.0
Total Supply
86,144,242,266.1
Max Supply
∞
TRON Price
$0.240
24h Range
$0.236 - $0.246
Percent Change 1h
-0.42%
Percent Change 24h
-2.39%
Percent Change 7d
7.25%
All-time high
$0.431
All-time low
$0.001804
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TRON (TRX) is a decentralized blockchain platform designed to build and deploy decentralized applications (DApps) and facilitate the sharing of digital content. Launched in September 2017 by the TRON Foundation, TRON aims to revolutionize the digital content industry by enabling creators to publish, store, and own their data directly on the blockchain. The TRON network uses a delegated proof-of-stake (DPoS) consensus mechanism, allowing for high transaction throughput, scalability, and low fees. As of early 2024, TRX is among the top cryptocurrencies by market capitalization, with over 100 million accounts on the network.
TRON was founded by Justin Sun, a prominent figure in the blockchain industry. Sun, who is known for his work in cryptocurrency and technology, previously served as the Chief Representative of Ripple in China. He founded TRON to create a decentralized internet and empower users by giving them control over their own data. Since its inception, the TRON Foundation has also included a team of developers and advisors with extensive experience in the tech industry, contributing to TRON's growth and adoption.
TRON operates on a three-layer architecture consisting of the storage layer, core layer, and application layer. The storage layer is responsible for data storage and management, while the core layer encompasses the consensus mechanism, smart contracts, and account management. The application layer provides a platform for DApps and decentralized content sharing.
TRON utilizes the DPoS consensus mechanism, where TRX holders vote for Super Representatives (SRs) who validate transactions and maintain the network. This system allows for high transaction speeds, with the ability to process over 2,000 transactions per second, making TRON one of the fastest public blockchains in existence. Smart contracts on TRON can be written in multiple programming languages, including Solidity, which is widely used in the Ethereum ecosystem.
TRON has several notable use cases that illustrate its capabilities:
Keeping your TRON (TRX) safe involves several best practices:
Investing in TRON (TRX) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy TRON: Once your account is funded, you can purchase TRON directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in TRON using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
TRON (TRX) is currently trading at $0.240 and exhibits good potential for future growth. Check the latest TRON (TRX) price prediction.
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