Tron's TRX Bumps 27% as DAO Deploys $220M for Token Purchase
Founder Justin Sun has injected over $2 billion this week to support the Tron market.
TRON price
(TRX / USD)
Market stats
$6.2B
$703.9M
-7.87%
92.5B TRX
$0.30
-0.76%
-1.14%
+1.02%
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About TRON
TRX or Tronix is a cryptocurrency running on the TRON blockchain. Its goal is to create a decentralized Internet.
Resources
TRON is on the rise this week.
The price of TRON has risen by 1.02% in the past 7 days. The price declined by 1.14% in the last 24 hours. In just the past hour, the price shrunk by 0.76%. The current price is $0.066918 per TRX. TRON is 77.69% below the all time high of $0.30.
The current circulating supply is 92,495,089,709.047 TRX.
TRON on social media.
TRON was mentioned in 1,132 out of 1,682,076 social media posts on Twitter and Reddit on Jun 27, 2022. 4,585 unique individuals are talking about TRON and it is ranked #79 in most mentions and activity from collected posts.
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Top stories
Tron DAO Reserve buys $50M of Bitcoin and TRX to add to USDD reserves
The purchase was announced in a tweet saying it was meant to “safeguard the overall blockchain industry and crypto market.”
Terra fiasco triggers bigger backstop for TRON’s stablecoin
TRON now says it has overcollateralized USDD, which began life only one month ago as an algorithmic stablecoin.
Justin Sun to launch algorithmic stablecoin USDD on Tron, will use $10 billion of crypto as collateral
Tron will launch its own algorithmic stablecoin called USDD for its blockchain on May 5 and it will be managed by a DAO.
Former Tron Exec Launches Play-to-Earn ‘Mafia’ Game With Twitch Co-Founder’s Backing
The free-to-play “Syn City” is backed by some of the Web 3 gaming industry’s biggest investors.
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Comparable market cap
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