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

THORChain (RUNE) traded down 3.3% against the US dollar during the 1 day period ending at 22:00 PM E.T. on July 1st. During the last week, THORChain has traded down 0.4% against the US dollar. One THORChain coin can now be purchased for $4.10 or 0.00006511 BTC on exchanges. THORChain has a market cap of $1.06 billion and $135.90 million worth of THORChain was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded up 1.2% against the dollar and now trades at $0.21 or 0.00000332 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher 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.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 3% higher against the dollar and now trades at $0.0118 or 0.00000019 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

THORChain Profile

THORChain launched on May 8th, 2018. THORChain’s total supply is 413,350,340 coins and its circulating supply is 259,190,024 coins. THORChain’s official Twitter account is @thorchain and its Facebook page is accessible here. The official website for THORChain is thorchain.org. The official message board for THORChain is medium.com/thorchain. 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 presently possible to buy alternative cryptocurrencies such as THORChain directly using U.S. dollars. Investors seeking to acquire THORChain should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy THORChain using one of the exchanges listed above.

RUNE/USD price chart by TradingView