THORChain Reaches Self Reported Market Cap of $1.38 Billion (RUNE)

THORChain (RUNE) traded 2.2% higher against the U.S. dollar during the one day period ending at 9:00 AM Eastern on April 20th. Over the last week, THORChain has traded 4% lower against the U.S. dollar. THORChain has a market capitalization of $1.38 billion and $321.28 million worth of THORChain was traded on exchanges in the last 24 hours. One THORChain coin can now be bought for approximately $5.40 or 0.00008455 BTC on major exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded up 0.3% against the dollar and now trades at $0.33 or 0.00000519 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.9% higher against the dollar and now trades at $0.0087 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About THORChain

THORChain’s launch date was May 8th, 2018. THORChain’s total supply is 414,170,156 coins and its circulating supply is 256,209,762 coins. THORChain’s official Twitter account is @thorchain and its Facebook page is accessible here. The official message board for THORChain is medium.com/thorchain. The Reddit community for THORChain is https://reddit.com/r/thorchain and the currency’s Github account can be viewed here. The official website for THORChain is thorchain.org.

According to CryptoCompare, “Created in 2018 by CEO and founder Chad Barraford, Thorchain (RUNE) is a decentralized liquidity network for cross-chain cryptocurrency swaps, allowing users to trade their digital assets across various blockchain networks without the need for centralized exchanges. The platform is non-custodial, allowing users to maintain control of their assets.
Thorchain aims to create a trustless and decentralized trading ecosystem with a unique “chaosnet” mechanism that facilitates quick and efficient trades. It also allows users to participate in liquidity pools, earning rewards for providing liquidity to the platform, ensuring that there is always sufficient liquidity available for trading.”

Buying and Selling THORChain

It is usually not currently possible to purchase alternative cryptocurrencies such as THORChain directly using US dollars. Investors seeking to trade THORChain should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase THORChain using one of the aforementioned exchanges.

RUNE/USD price chart by TradingView