THORChain (RUNE) Achieves Self Reported Market Capitalization of $880.35 Million

THORChain (RUNE) traded 5.7% lower against the U.S. dollar during the 1 day period ending at 12:00 PM ET on July 5th. In the last seven days, THORChain has traded down 16% against the U.S. dollar. THORChain has a market capitalization of $880.35 million and $329.47 million worth of THORChain was traded on exchanges in the last 24 hours. One THORChain coin can currently be bought for approximately $3.39 or 0.00006001 BTC on cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded down 2.2% against the dollar and now trades at $0.18 or 0.00000324 BTC.
• 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 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.
• Kitty Inu (KITTY) traded up 1.9% 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.
• 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 down 0.5% against the dollar and now trades at $0.0117 or 0.00000021 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

THORChain Coin Profile

THORChain launched on May 8th, 2018. THORChain’s total supply is 413,406,919 coins and its circulating supply is 259,416,323 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 presently possible to buy alternative cryptocurrencies such as THORChain directly using U.S. dollars. Investors seeking to acquire THORChain should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. 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