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What is Tron (Trx)

investing08 - 2024-05-08 08:10:15

*Tron is a Blockchain based digital platform that primarily hosts entertainment application. It is launched in 2017.


*It has its own cryptocurrency known as Tronix and Tron. These tokens were ERC-20 based tokens deployed on Ethereum but after some time they moved to their own network.


*Its software supports various kinds of network , smart contracts and blockchains and decentralized dApps.


Founder of Trx


*Justin Sun founded Tron (Trx) and now serving as CEO of Tron.


*It is launched in 2017.


Circulation of Trx


*As per now Trx has a total supply of 87,513,332,293 TRX tokens and there are 87,513,311,866 TRX tokens are circulating in market .


*Trx has a market cap of $10,380,219,427 in May 2024 and ranked 13th among other cryptocurrencies.


Where to buy Trx


*As per now if anybody wants to invest in Trx then they can just invest in many exchanges like -Binance, Bybit, OKX, Upbit, Kraken, Kucoin, Gate.io and HTX etc.


Technical and Future analysis of Trx


*As I have shown below in my chart of TRX USDT it went up in January 2021 and it left the order block and liquidity sweep levels.


*Order block levels at 0.03300$ and below that is liquidity sweep shown in chart, it will go up by taking these levels.


*As you can see market is falling down and changing to bearish direction, so if anybody wants to invest in TRX USDT then just wait for these levels to reach.


*Invest at given levels and earn good profit from your investment.
Screenshot 2024-04-14 at 4.46.10 PM.webp