TRON Price for today is $0.027. Its current circulating supply is TRX 100,850,743,811.66 with a market cap of $1,907,848,830.15.
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TRON is one of the relatively new, but hugely successful crypto projects. Founded in 2017, it is the brainchild of Justin Su, a Chinese entrepreneur. In 2017, Sun founded the TRON Foundation and raised $70 million in an ICO. In 2018, The project switched from the Ethereum network to their own mainnet as an independent blockchain network. In the same year, the foundation purchased BitTorrent and was integrated into the network. While it has its controversies, such as accusations of plagiarizing the Ethereum whitepaper, currency has weathered the storms and is among the top 20 cryptocurrencies by market capitalization. It currently ranks 16th with a market capitalization of $1.145 billion. You can check out our 2020 TRON price prediction here.
One of the key defining features of this blockchain is speed. This blockchain consistently does over 1000 transactions per second. It is also known for its high levels of scalability and can handle heavy usage without clogging the network. Another of its key defining features is its delegated proof-of-stake governance. Through this system, users can vote on the direction they want to take by delegating their voting rights to 27 super-representatives. The network super representatives are automatically selected in 6-hour cycles, and those selected can collect tokens, and vote. This approach has made decision making on the blockchain easy. That’s because not everyone needs to take part in governance. The selected super-reps can do it on behalf of everyone else, which means any changes needed to make the protocol better can be implemented as quickly as the need for it arises.
Like all other cryptos, you need a way to exchange TRX to other coins, or cash. This can be for trading, or to get money for whatever reason. For trading purposes, one might find it necessary to convert TRX to a stable coin such as Tether (USDT) in times of market volatility. To convert your tokens, you need a TRON converter that is fast, easy to use, and has low fees. ChangeNOW.io TRX converter offers all that, and more.
ChangeNOW.io is the best TRON exchange to convert your TRX tokens into any coin of your choice. The platform allows users to exchange TRON for Bitcoin and more than 200 other cryptos. The best part is that you do not need to register, and this TRX Exchange has no upper limit.