THORChain Tops 24-Hour Trading Volume of $4.36 Million (RUNE)

THORChain (RUNE) traded 2.4% higher against the dollar during the one day period ending at 10:00 AM ET on July 15th. THORChain has a market cap of $143.50 million and $4.36 million worth of THORChain was traded on exchanges in the last 24 hours. In the last seven days, THORChain has traded 12.7% higher against the dollar. One THORChain coin can now be bought for $0.42 or 0.00000649 BTC on exchanges.

Here is how other 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• UZDT (UZDT) traded 0% higher against the dollar and now trades at $1.00 or 0.00001529 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 2% higher against the dollar and now trades at $65,099.38 or 0.99555644 BTC.

THORChain Profile

THORChain was first traded on May 2nd, 2018. THORChain’s total supply is 354,136,242 coins and its circulating supply is 338,252,589 coins. THORChain’s official Twitter account is @thorchain and its Facebook page is accessible here. The Reddit community for THORChain is https://reddit.com/r/thorchain/ and the currency’s Github account can be viewed here. THORChain’s official website is thorchain.org. The official message board for THORChain is blog.thorchain.org.

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”

Buying and Selling THORChain

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

RUNE/USD price chart by TradingView