THORChain (RUNE) Self Reported Market Cap Reaches $1.23 Billion

THORChain (RUNE) traded up 1.3% against the U.S. dollar during the 24 hour period ending at 13:00 PM Eastern on April 18th. THORChain has a market capitalization of $1.23 billion and approximately $483.81 million worth of THORChain was traded on exchanges in the last 24 hours. One THORChain coin can now be purchased for $4.79 or 0.00007570 BTC on major exchanges. In the last seven days, THORChain has traded down 32% against the U.S. dollar.

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

• KILT Protocol (KILT) traded up 2.1% against the dollar and now trades at $0.33 or 0.00000525 BTC.
• 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 2.2% lower 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 0.5% lower against the dollar and now trades at $0.0085 or 0.00000014 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 414,165,038 coins and its circulating supply is 256,132,004 coins. The Reddit community for THORChain is https://reddit.com/r/thorchain and the currency’s Github account can be viewed here. THORChain’s official message board is medium.com/thorchain. The official website for THORChain is thorchain.org. 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.”

THORChain Coin Trading

It is usually not 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 Gemini, Changelly or GDAX. 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