THORChain Reaches 1-Day Trading Volume of $760.01 Million (RUNE)

THORChain (RUNE) traded 1.1% higher against the dollar during the 24-hour period ending at 17:00 PM E.T. on March 26th. In the last week, THORChain has traded up 19.2% against the dollar. One THORChain coin can currently be purchased for approximately $9.30 or 0.00013342 BTC on major cryptocurrency exchanges. THORChain has a total market capitalization of $2.37 billion and approximately $760.01 million worth of THORChain was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded up 3% against the dollar and now trades at $0.46 or 0.00000665 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 down 2.2% 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 0.4% higher against the dollar and now trades at $0.0093 or 0.00000013 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 416,993,816 coins and its circulating supply is 254,838,889 coins. THORChain’s official message board 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. THORChain’s official website 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.”

Buying and Selling THORChain

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

RUNE/USD price chart by TradingView