THORChain (RUNE) Hits Self Reported Market Cap of $909.17 Million

THORChain (RUNE) traded 3% lower against the U.S. dollar during the one day period ending at 18:00 PM E.T. on July 11th. One THORChain coin can currently be bought for about $3.50 or 0.00006098 BTC on cryptocurrency exchanges. THORChain has a total market cap of $909.17 million and approximately $141.30 million worth of THORChain was traded on exchanges in the last 24 hours. In the last seven days, THORChain has traded down 3.9% against the U.S. dollar.

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

• KILT Protocol (KILT) traded down 1.1% against the dollar and now trades at $0.19 or 0.00000325 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 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 3.1% against the dollar and now trades at $0.0126 or 0.00000022 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

THORChain Profile

THORChain’s genesis date was May 8th, 2018. THORChain’s total supply is 413,477,715 coins and its circulating supply is 259,789,193 coins. The official website for THORChain is thorchain.org. 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.

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 currently possible to buy alternative cryptocurrencies such as THORChain directly using U.S. dollars. Investors seeking to trade THORChain should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy THORChain using one of the exchanges listed above.

RUNE/USD price chart by TradingView