THORChain Price Reaches $1.14 (RUNE)

THORChain (RUNE) traded up 1.2% against the US dollar during the 24 hour period ending at 19:00 PM ET on May 26th. One THORChain token can currently be purchased for approximately $1.14 or 0.00004252 BTC on popular exchanges. THORChain has a market cap of $389.47 million and approximately $17.97 million worth of THORChain was traded on exchanges in the last 24 hours. Over the last week, THORChain has traded down 2.1% against the US dollar.

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

• KILT Protocol (KILT) traded 1.2% lower against the dollar and now trades at $0.33 or 0.00001243 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.
• OmniaVerse (OMNIA) traded 2.4% lower against the dollar and now trades at $0.0017 or 0.00000006 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 up 1.3% against the dollar and now trades at $0.0004 or 0.00000002 BTC.
• Lego Coin (LEGO) traded up 25.2% against the dollar and now trades at $0.0198 or 0.00000074 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 1.8% lower against the dollar and now trades at $0.0088 or 0.00000033 BTC.

About THORChain

THORChain launched on May 8th, 2018. THORChain’s total supply is 486,074,243 tokens and its circulating supply is 342,615,339 tokens. The Reddit community for THORChain is https://reddit.com/r/thorchain and the currency’s Github account can be viewed here. The official website for THORChain is thorchain.org. THORChain’s official Twitter account is @thorchain and its Facebook page is accessible here. THORChain’s official message board is medium.com/thorchain.

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 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 GDAX, Coinbase 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