THORChain Achieves Self Reported Market Cap of $1.06 Billion (RUNE)

THORChain (RUNE) traded 2.2% higher against the U.S. dollar during the 1 day period ending at 7:00 AM ET on September 15th. One THORChain coin can now be purchased for approximately $4.11 or 0.00006852 BTC on major cryptocurrency exchanges. THORChain has a total market cap of $1.06 billion and approximately $68.19 million worth of THORChain was traded on exchanges in the last day. During the last seven days, THORChain has traded up 14.6% against the U.S. dollar.

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

• 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 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.
• 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.
• 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 up 7.9% against the dollar and now trades at $0.0508 or 0.00000084 BTC.
• P2P Solutions foundation (P2PS) traded 0.4% lower against the dollar and now trades at $155.62 or 0.00259361 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 257,158,681 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.”

THORChain Coin Trading

It is usually not 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 Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy THORChain using one of the aforementioned exchanges.

RUNE/USD price chart by TradingView