THORChain One Day Volume Reaches $517.62 Million (RUNE)

THORChain (RUNE) traded 7% higher against the U.S. dollar during the 24-hour period ending at 17:00 PM ET on May 8th. One THORChain coin can currently be purchased for $5.66 or 0.00009212 BTC on cryptocurrency exchanges. Over the last seven days, THORChain has traded 18.5% higher against the U.S. dollar. THORChain has a total market cap of $1.46 billion and $517.62 million worth of THORChain was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded down 1.8% against the dollar and now trades at $0.29 or 0.00000478 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 up 1.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 2.2% against the dollar and now trades at $0.0102 or 0.00000017 BTC.
• AXIA Coin (AXC) traded down 0.1% 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 414,193,187 coins and its circulating supply is 257,042,360 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.”

THORChain Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as THORChain directly using US dollars. Investors seeking to acquire THORChain should first buy 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 buy THORChain using one of the aforementioned exchanges.

RUNE/USD price chart by TradingView