THORChain (RUNE) Trading Down 5.8% This Week

THORChain (RUNE) traded 2.7% lower against the US dollar during the 24 hour period ending at 11:00 AM ET on July 28th. THORChain has a market cap of $1.19 billion and $143.88 million worth of THORChain was traded on exchanges in the last day. One THORChain coin can currently be purchased for $4.55 or 0.00006723 BTC on popular cryptocurrency exchanges. In the last week, THORChain has traded 5.8% lower against the US dollar.

Here is how similar cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded down 1.6% against the dollar and now trades at $0.19 or 0.00000274 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 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.
• 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 0.8% lower against the dollar and now trades at $0.0133 or 0.00000020 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

THORChain Coin Profile

THORChain’s genesis date was May 8th, 2018. THORChain’s total supply is 413,624,629 coins and its circulating supply is 260,689,021 coins. THORChain’s official message board is medium.com/thorchain. The official website for THORChain is thorchain.org. 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.

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 buy alternative cryptocurrencies such as THORChain directly using U.S. dollars. Investors seeking to acquire THORChain should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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