THORChain (RUNE) Hits Self Reported Market Cap of $148.32 Million

THORChain (RUNE) traded 3.6% higher against the U.S. dollar during the 1 day period ending at 10:00 AM ET on August 20th. In the last seven days, THORChain has traded 3.5% higher against the U.S. dollar. One THORChain coin can now be purchased for approximately $0.44 or 0.00000614 BTC on major cryptocurrency exchanges. THORChain has a market cap of $148.32 million and approximately $8.08 million worth of THORChain was traded on exchanges in the last 24 hours.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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.
• UZDT (UZDT) traded 0% lower against the dollar and now trades at $1.00 or 0.00001399 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 10.6% higher against the dollar and now trades at $71,369.99 or 0.99867162 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About THORChain

THORChain launched on May 1st, 2018. THORChain’s total supply is 354,032,205 coins and its circulating supply is 338,157,875 coins. THORChain’s official Twitter account is @thorchain and its Facebook page is accessible here. THORChain’s official message board is blog.thorchain.org. THORChain’s official website is thorchain.org. The Reddit community for THORChain is https://reddit.com/r/thorchain/ and the currency’s Github account can be viewed here.

According to CryptoCompare, “THORCHain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks without losing full custody of their assets in the process. With THORChain, users can simply swap one asset for another in a permissionless setting, without needing to rely on order books to source liquidity. Instead, market prices are maintained through the ratio of assets in a pool (see automated market maker). The native utility token of the THORChain platform is RUNE. This is used as the base currency in the THORChain ecosystem and is also used for platform governance and security as part of THORChain’s Sybil resistance mechanisms — since THORChain nodes must commit a minimum of 1 million RUNE to participate in its rotating consensus process. THORChain was funded through an initial DEX offering (IDO) which launched through the Binance DEX in July 2019. Its mainnet was originally launched in January 2021. Mainnet – https://viewblock.io/thorchainERC-20 – https://etherscan.io/token/0x3155ba85d5f96b2d030a4966af206230e46849cbBEP2 – https://explorer.binance.org/asset/RUNE-B1ATelegram, Discord, Medium, Gitlab, GitHub, Reddit, Docs”

THORChain Coin Trading

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

RUNE/USD price chart by TradingView