THORChain (RUNE) Trading 8.1% Lower This Week

THORChain (RUNE) traded down 2.3% against the U.S. dollar during the one day period ending at 12:00 PM ET on September 8th. In the last seven days, THORChain has traded 8.1% lower against the U.S. dollar. THORChain has a market cap of $906.87 million and approximately $46.83 million worth of THORChain was traded on exchanges in the last day. One THORChain coin can currently be bought for about $3.53 or 0.00006550 BTC on cryptocurrency exchanges.

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

• 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.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 12.6% higher against the dollar and now trades at $0.0584 or 0.00000108 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 genesis date was May 8th, 2018. THORChain’s total supply is 413,784,842 coins and its circulating supply is 257,031,358 coins. The official website for THORChain is thorchain.org. 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. THORChain’s official message board is medium.com/thorchain.

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 purchase alternative cryptocurrencies such as THORChain directly using U.S. dollars. Investors seeking to acquire THORChain should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase THORChain using one of the aforementioned exchanges.

RUNE/USD price chart by TradingView