What is the issuance price of Tron currency?

Tron’s initial coin offering (ICO) issuance price is $0.0019. The ICO raised $70 million and issued a total of 100 billion TRX tokens, 40% of which were sold to the public and 60% distributed to the team and investors.

TRON Coin Issuance Price

TRON Coin (TRON) issued for the first time on September 4, 2017 Token offering (ICO), the issuance price is 0.0019 USD.

Detailed description:

During the ICO, a total of 100 billion TRX tokens were issued. Of this, 40% (40 billion TRX) is sold to the public, and 60% (60 billion TRX) is allocated to the Tron team and investors.

The ICO lasted a total of 15 minutes and raised $70 million (approximately 35 billion TRX). Due to high demand, the ICO sold out within minutes.

After the conclusion of the ICO, TRX tokens were listed for trading on cryptocurrency exchanges. Its price initially rose significantly and reached an all-time high of $0.26 in January 2018. However, as the cryptocurrency market plummeted, TRX price also fell back significantly.

As of March 2023, the TRX token is priced at approximately $0.06 and has a market capitalization of over $6 billion.

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