THORChain (RUNE) Self Reported Market Capitalization Hits $995.00 Million

THORChain (RUNE) traded down 9.3% against the dollar during the one day period ending at 8:00 AM ET on January 9th. Over the last week, THORChain has traded down 23.6% against the dollar. THORChain has a total market cap of $995.00 million and approximately $320.16 million worth of THORChain was traded on exchanges in the last 24 hours. One THORChain coin can currently be purchased for approximately $3.73 or 0.00004005 BTC on exchanges.

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

• 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.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 2.1% lower against the dollar and now trades at $93,061.90 or 1.00002167 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 2% against the dollar and now trades at $92,649.05 or 0.99558525 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

THORChain Profile

THORChain launched on May 8th, 2018. THORChain’s total supply is 416,649,856 coins and its circulating supply is 266,984,200 coins. The Reddit community for THORChain is https://reddit.com/r/thorchain and the currency’s Github account can be viewed here. THORChain’s official message board is medium.com/thorchain. THORChain’s official Twitter account is @thorchain and its Facebook page is accessible here. THORChain’s official website 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 presently possible to purchase alternative cryptocurrencies such as THORChain directly using US dollars. Investors seeking to acquire THORChain should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase THORChain using one of the exchanges listed above.

RUNE/USD price chart by TradingView