THORChain Price Tops $1.10 (RUNE)

THORChain (RUNE) traded down 9.4% against the U.S. dollar during the one day period ending at 8:00 AM ET on March 10th. During the last seven days, THORChain has traded 19.2% lower against the U.S. dollar. THORChain has a total market capitalization of $304.69 million and $297.44 million worth of THORChain was traded on exchanges in the last day. One THORChain coin can now be purchased for approximately $1.10 or 0.00001323 BTC on exchanges.

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

• Taiko (TAIKO) traded down 0.9% against the dollar and now trades at $0.77 or 0.00000926 BTC.
• 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 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 1.6% against the dollar and now trades at $83,056.69 or 1.00227488 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.3% lower against the dollar and now trades at $81,908.18 or 0.98841535 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

THORChain Profile

THORChain launched on May 8th, 2018. THORChain’s total supply is 425,782,614 coins and its circulating supply is 277,850,664 coins. THORChain’s official message board is medium.com/thorchain. 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.

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 trade THORChain should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. 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