+

Total Market Cap: $2.370T

24h Volume: $33.000B

BTC Dominance: 67.56%

Global Market Sentiment: 29

Average Market Correlation: 0.30

The Average Correlation of all crypto pairs. An Average Market Correlation close to 1 indicates that all crypto pairs are moving in the same direction. Such a situation can be observed during a significant market crash.
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Beta

Tron

TRX
Rank #8
$0.2413

-2.49%

Low:
$0.2348
High:
$0.2433
(24h)
Volume 24h
$305,344,059
-1.18%
Circulating Supply
94,964,775,116 TRX
Total Supply
ISSUE TO SOLVE
Max Supply
N.A
Market Cap
$22,351,515,822
Fully Diluted Market Cap
N.A
Indicators
Volatility
Annualized Volatility of the Daily Returns, over the last month.
42.50%
Market Correlation
Correlation Coefficient between crypto Daily Returns and the Total Crypto Markets Daily returns, over the last month.
0.29
Beta
The Beta coefficient is a measure of a crypto volatility and direction in comparison to the volatility and direction of the overall market. A positive Beta greater than 1 indicates that the crypto is more volatile than the market, while a beta less than 1 means it is less volatile.
0.138
Market Dominance
0.94%
ATL/ATH
$0.00/$0.30
Relative Strength Index
The Relative Strength Index (RSI) is an indicator that measures the rate of price changes by comparing the extent of recent gains to recent losses. It scales from 0 to 100 and is used to determine potential turning points in price behavior. A reading above 70 indicates that an asset may be due for a decrease in price, while a reading below 30 suggests a potential increase in price. The RSI calculated here is based on Daily returns over the last month.
55
Information for Tron
Last News related to Tron
What is Tron ?

Overview

Dogecoin (DOGE) is a cryptocurrency that started as a joke based on the popular 'Doge' meme, featuring a Shiba Inu dog. Created by Billy Markus and Jackson Palmer in 2013, Dogecoin was initially intended to be a fun and friendly alternative to Bitcoin. Despite its origins, Dogecoin has gained a large and active community and is often used for tipping content creators online and for charitable donations. Its informal and light-hearted approach has made it a popular entry point for many into the cryptocurrency world.

Utility

Dogecoin is primarily used for online tipping and charitable donations due to its low transaction fees and friendly community. It has also gained acceptance as a form of payment by some merchants, allowing users to purchase goods and services with DOGE. The widespread popularity of Dogecoin, driven by its community and celebrity endorsements, has also made it a staple in the broader cryptocurrency market.

Security

Dogecoin uses a Proof of Work (PoW) consensus mechanism, similar to Bitcoin, where miners use computational power to solve complex mathematical puzzles and validate transactions. This process secures the network by making it difficult and costly for malicious actors to alter the blockchain. Despite its origins as a meme coin, Dogecoin's PoW mechanism ensures a high level of security and resilience against attacks.

Supply data provided by CoinGecko API
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