THORChain (RUNE) Tops 24 Hour Volume of $146.94 Million

THORChain (RUNE) traded 4.8% lower against the dollar during the 24-hour period ending at 16:00 PM E.T. on September 16th. THORChain has a market capitalization of $995.87 million and approximately $146.94 million worth of THORChain was traded on exchanges in the last 24 hours. Over the last week, THORChain has traded 1.2% higher against the dollar. One THORChain coin can currently be purchased for $3.87 or 0.00006677 BTC on popular cryptocurrency exchanges.

Here’s how similar 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.
• 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.
• MVP Coin (MVP) traded down 14% against the dollar and now trades at $0.0428 or 0.00000074 BTC.
• 2G Carbon Coin (2GCC) traded 0.4% lower against the dollar and now trades at $0.0480 or 0.00000183 BTC.

THORChain Profile

THORChain’s launch date was May 8th, 2018. THORChain’s total supply is 413,793,585 coins and its circulating supply is 257,235,125 coins. The official website for THORChain is thorchain.org. THORChain’s official message board is medium.com/thorchain. The Reddit community for THORChain is https://reddit.com/r/thorchain and the currency’s Github account can be viewed here. THORChain’s official Twitter account is @thorchain and its Facebook page is accessible 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 currently possible to purchase alternative cryptocurrencies such as THORChain directly using US dollars. Investors seeking to acquire THORChain should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase THORChain using one of the aforementioned exchanges.

RUNE/USD price chart by TradingView