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Is TRON (TRX) a mainstream currency? Which exchanges are TRX coins listed on?

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Release: 2024-07-29 17:33:02
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No, TRON (TRX) is not currently a mainstream currency. Mainstream coins usually have larger market capitalization, high liquidity, and strong stability, while TRX’s market capitalization is approximately US$2 billion, which is lower than the standards of mainstream coins.

Is TRON (TRX) a mainstream currency? Which exchanges are TRX coins listed on?

Is TRON (TRX) a mainstream currency?

No, TRON (TRX) is not currently a mainstream currency.

TRX Coin Listed on Exchanges

  • Binance
  • Huobi
  • OKX
  • Coinbase
  • Crypto.com

Here is a comparison of TRX market cap to show its relative position in the cryptocurrency market Status:

  • Bitcoin: about 330 billion US dollars
  • Ethereum: about 150 billion US dollars
  • Binance Coin: about 40 billion US dollars
  • Tron: about 2 billion US dollars

Mainstream coins usually refer to market capitalization A larger, highly liquid, and relatively stable cryptocurrency. Based on this standard, TRX has not yet reached the level of a mainstream currency. However, it remains a popular cryptocurrency with a strong user base in certain sectors.

TRON (TRX) Price Update

Current Price: $0.1366

Recent Changes

In the last 24 hours, TRX price increased by 0.75%. Transaction volume was $276 million.

Price Moving Factors

  • Improving market sentiment: The overall sentiment in the cryptocurrency market is optimistic, driving the TRX price upward.
  • Project update: The TRON Foundation announced that it will soon release a stablecoin based on TRON, boosting investor confidence.

Future Price Trend

  • In the short term, TRX may continue to benefit from market sentiment and the price will maintain upward momentum.
  • The long-term outlook mainly depends on the progress of the TRON ecosystem and the overall trend of the cryptocurrency market.

Recommended Actions

  • Follow the TRX price trend and keep a close eye on market news and updates.
  • If you believe in TRX’s long-term potential, you may consider investing.
  • Manage risk and only invest money you are willing to lose.

Short Term Forecast

The TRX price is expected to continue rising, potentially hitting higher points in the short term.

Indicator

  • Price: 0.1366 USD
  • Trading volume: 276 million USD
  • Circulation market capitalization: 11.89 billion USD
  • Circulation volume: 87065227185.777 TRX

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