TRX (TRON) is the native cryptocurrency of the TRON Network, a decentralized, open-source blockchain platform focused on entertainment, gaming, and social media applications. Here are some key points about TRX:$TRX
- _Symbol_: TRX
- _Consensus Algorithm_: Delegated Proof of Stake (DPoS)
- _Total Supply_: 100 billion TRX tokens
- _Circulating Supply_: Approximately 70 billion TRX tokens
- _Use Cases_:
- Entertainment
- Gaming
- Social media
- Decentralized applications (dApps)
- Smart contracts
- _Unique Features_:
- High scalability
- Low transaction fees
- Fast transaction processing
- Compatibility with Ethereum Virtual Machine (EVM)
TRON aims to provide a decentralized platform for the entertainment industry, allowing for peer-to-peer transactions and decentralized content sharing.
Current Price (approximate):
- Price: $0.065
- Market Cap: $4.5 billion
- 24h Volume: $200 million
References:
1. TRON Website
2. Coin