THORChain (RUNE) Achieves Self Reported Market Cap of $1.40 Billion

THORChain (RUNE) traded up 13.2% against the dollar during the one day period ending at 15:00 PM E.T. on April 19th. One THORChain coin can currently be bought for $5.48 or 0.00008518 BTC on cryptocurrency exchanges. Over the last week, THORChain has traded down 7.8% against the dollar. THORChain has a total market cap of $1.40 billion and $522.35 million worth of THORChain was traded on exchanges in the last 24 hours.

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

• KILT Protocol (KILT) traded up 0.7% against the dollar and now trades at $0.33 or 0.00000518 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 up 1.7% against the dollar and now trades at $0.0087 or 0.00000014 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

THORChain Coin Profile

THORChain was first traded on May 8th, 2018. THORChain’s total supply is 414,169,999 coins and its circulating supply is 256,181,451 coins. The Reddit community for THORChain is https://reddit.com/r/thorchain and the currency’s Github account can be viewed here. The official message board for THORChain is medium.com/thorchain. THORChain’s official Twitter account is @thorchain and its Facebook page is accessible 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.”

THORChain Coin Trading

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

RUNE/USD price chart by TradingView