What is Tron?
Tron's mission is to build a truly decentralized internet and aims to be the largest blockchain-based operating system in the world, known as the TRON protocol. The TRON protocol will offer high scalability, high availability, and high throughput computing to serve decentralized applications via smart contracts. Ethereum EVM-based smart contracts will be compatible and deployable on the TRON network as such Solidity developers do not have to rewrite their applications.
Why Tron?
Since TRON protocol does not rely on proof of work or mining, instead governed by nodes located around the world, it is decentralized while providing high throughput for transactions on the blockchain. This is suitable for dapps that require high speed transactions especially games. There are a number of tokens already issued on the TRON network and the decentralized exchanges TRX.market has launched.
On July 24th 2018, TRON acquired BitTorrent, one of the largest P2P file sharing protocol. As a result of the acquisition, BitTorrent Token (BTT) was launched as the cryptocurrency to power the economics on the BitTorrent network. The Token will be used to inceltivize file sharing and storage within the network.
Where is TRON available for purchase?
You can exchange TRX tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading TRON is Binance, notably the TRX/USDT pair, which saw a trading volume of $ 187,73 MLN. in the past day. Additionally, Websea and DigiFinex are popular alternatives for trading tokens.
What is the highest value TRON (TRX) has ever reached?
TRON (TRX) reached its peak price at 0.4312 $ on 04 December 2024, approximately 23 days ago ago. Presently, the current price is -40.01% lower than this all-time high.
What is the historical minimum price for TRON (TRX)?
The minimum price reached for TRON (TRX) was 0.001804 $, documented on 12 November 2017, more than 7 years ago. In comparison, the current price is 14,237.65%, it above this historical low.
What is the fully diluted valuation of TRON (TRX)?
The fully diluted valuation (FDV) of TRON (TRX) stands at $ 22,30 BN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of TRX tokens. The realization of this FDV might take several years depending on the emission schedule of TRX tokens.