$TRX

The information about TRX (TRON coin) is as follows:

• Definition and Technical Features:

• TRX is the official token of the TRON network, used for trading, payments, and participating in the TRON ecosystem. It also marks user entertainment behavior and stores credit data.

• Total Supply:

• The total supply of TRX is 100 billion coins, with a circulating supply of approximately 91.1 billion coins, accounting for 91.1% of the total supply. Additionally, the TRON Foundation has burned about 5.9 billion TRX, with a burn ratio of approximately 5.9%.

• Market Performance:

• According to predictions for 2024, the price of TRX may fluctuate between $0.14 and $0.20, with a long-term growth trend expected to potentially reach $1.73 by 2030. TRX has shown sustained growth momentum over the past year, with an increase of 139.5%, successfully entering the 'Ten Billion Dollar Market Cap Club' with a market cap of $11.905 billion.

• Trading and Circulation:

• TRX is circulated on multiple cryptocurrency exchanges worldwide, including Binance, Huobi, and OKX. Users can purchase TRX using USDT on these platforms by entering the currency abbreviation TRX and selecting the TRX/USDT trading pair for transactions.

• Risks and Challenges:

• TRX may experience significant price volatility, which poses a considerable risk for investors. Additionally, controversies surrounding TRON founder Justin Sun, as well as competition from Ethereum and MakerDAO, are also potential risks and challenges for investing in TRX.