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It has a native cryptocurrency, TRX, which was originally an ERC-20 token on the Ethereum blockchain.

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Its decentralized finance (DeFi) ecosystem has billions in total value locked.

utimf com 2024 for beginners ✌️【Career Development】✌️₹500 to unlock massive profits. Invest today for quick monthly gains!The Tron network uses a delegated Proof-of-Stake (dPoS) algorithm, with TRX token holders delegating transaction validation to 27 "super representatives." Tron was created by Justin Sun and launched in 2017, migrating to its own blockchain in 2018.

utimf com 2024 for beginners ✌️【Career Development】✌️Invest ₹500 and see your money grow with fast, reliable returns!TRX is used to pay for transaction fees on the Tron blockchain, can be staked for earnings, and is used in the Tron DeFi ecosystem for financial services.For now, Tron has a supply cap of 100 billion Tronix.

utimf com 2024 for beginners ✌️【Career Development】✌️Make your ₹500 grow rapidly with AI-backed investments.But unlike some other cryptocurrencies such as bitcoin, that limit is not set in stone, the Tron Foundation hassaid.According to price data providerCoinMarketCap, Tron’s price reached an all-time high of $0.22 in January 2018 amid a crypto-wide bull run.

For most of 2018 and 2019, Tron’s price hovered between $0.01 and $0.04.

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