THORChain Achieves Self Reported Market Cap of $1.39 Billion (RUNE)

THORChain (RUNE) traded down 2.8% against the dollar during the 24 hour period ending at 8:00 AM E.T. on November 22nd. During the last seven days, THORChain has traded 4.7% lower against the dollar. One THORChain coin can currently be bought for about $5.29 or 0.00005358 BTC on cryptocurrency exchanges. THORChain has a market capitalization of $1.39 billion and $358.89 million worth of THORChain was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during 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 down 2.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 1% against the dollar and now trades at $98,510.84 or 0.99812818 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 1.1% against the dollar and now trades at $98,378.91 or 0.99679147 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

THORChain Profile

THORChain’s genesis date was May 8th, 2018. THORChain’s total supply is 415,073,257 coins and its circulating supply is 262,761,882 coins. THORChain’s official Twitter account is @thorchain and its Facebook page is accessible here. THORChain’s official message board is medium.com/thorchain. 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, “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 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 GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy THORChain using one of the aforementioned exchanges.

RUNE/USD price chart by TradingView