THORChain (RUNE) Hits Self Reported Market Cap of $1.31 Billion

THORChain (RUNE) traded 0.2% lower against the dollar during the 1 day period ending at 16:00 PM Eastern on October 12th. THORChain has a market capitalization of $1.31 billion and approximately $126.18 million worth of THORChain was traded on exchanges in the last day. In the last seven days, THORChain has traded up 6.3% against the dollar. One THORChain coin can currently be bought for about $5.02 or 0.00007971 BTC on cryptocurrency exchanges.

Here’s how related 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 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.
• MVP Coin (MVP) traded down 4.6% against the dollar and now trades at $0.0516 or 0.00000082 BTC.
• P2P Solutions foundation (P2PS) traded 0.4% higher against the dollar and now trades at $159.89 or 0.00253662 BTC.

THORChain Profile

THORChain’s launch date was May 8th, 2018. THORChain’s total supply is 414,200,097 coins and its circulating supply is 259,751,279 coins. THORChain’s official message board 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. THORChain’s official website 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 currently possible to purchase alternative cryptocurrencies such as THORChain directly using US dollars. Investors seeking to trade THORChain should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase THORChain using one of the exchanges listed above.

RUNE/USD price chart by TradingView