THORChain Achieves Self Reported Market Capitalization of $354.06 Million (RUNE)

THORChain (RUNE) traded down 0.5% against the dollar during the 24 hour period ending at 16:00 PM Eastern on September 19th. One THORChain token can now be bought for about $1.90 or 0.00006978 BTC on major cryptocurrency exchanges. In the last seven days, THORChain has traded up 26.6% against the dollar. THORChain has a market cap of $354.06 million and approximately $72.78 million worth of THORChain was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded up 3.7% against the dollar and now trades at $0.28 or 0.00001028 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.
• OmniaVerse (OMNIA) traded down 0.8% against the dollar and now trades at $0.0010 or 0.00000004 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 0.3% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded 0% lower against the dollar and now trades at $0.0086 or 0.00000032 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 down 0.2% against the dollar and now trades at $0.0076 or 0.00000028 BTC.

THORChain Profile

THORChain launched on May 8th, 2018. THORChain’s total supply is 485,229,770 tokens and its circulating supply is 186,643,848 tokens. 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. The official message board for THORChain is medium.com/thorchain. 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 Token Trading

It is usually not possible to buy alternative cryptocurrencies such as THORChain directly using US dollars. Investors seeking to trade THORChain should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy THORChain using one of the aforementioned exchanges.

RUNE/USD price chart by TradingView