THORChain (RUNE) Price Tops $5.11 on Major Exchanges

THORChain (RUNE) traded down 11.8% against the dollar during the 24-hour period ending at 8:00 AM Eastern on November 26th. One THORChain coin can now be bought for approximately $5.11 or 0.00005557 BTC on popular exchanges. THORChain has a market capitalization of $1.35 billion and approximately $549.15 million worth of THORChain was traded on exchanges in the last 24 hours. Over the last seven days, THORChain has traded 4.8% lower against the dollar.

Here is how other cryptocurrencies have performed over the last 24 hours:

• 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 down 2.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 5.9% lower against the dollar and now trades at $91,957.80 or 0.99964907 BTC.
• SolvBTC (SOLVBTC) traded 6.1% lower against the dollar and now trades at $91,921.40 or 0.99925343 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

THORChain Coin Profile

THORChain’s launch date was May 8th, 2018. THORChain’s total supply is 415,443,006 coins and its circulating supply is 263,282,951 coins. THORChain’s official website is thorchain.org. 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 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 possible to purchase alternative cryptocurrencies such as THORChain directly using U.S. dollars. Investors seeking to trade THORChain should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly 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