THORChain Self Reported Market Capitalization Achieves $935.60 Million (RUNE)

THORChain (RUNE) traded 0.1% lower against the U.S. dollar during the 24-hour period ending at 12:00 PM ET on July 12th. In the last week, THORChain has traded 6.6% higher against the U.S. dollar. THORChain has a market cap of $935.60 million and approximately $123.73 million worth of THORChain was traded on exchanges in the last 24 hours. One THORChain coin can currently be purchased for about $3.60 or 0.00006190 BTC on popular exchanges.

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

• KILT Protocol (KILT) traded 2.5% lower against the dollar and now trades at $0.18 or 0.00000315 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 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 1.5% against the dollar and now trades at $0.0128 or 0.00000022 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 launch date was May 8th, 2018. THORChain’s total supply is 413,477,715 coins and its circulating supply is 259,826,097 coins. 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. The official website for THORChain is thorchain.org.

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 trade THORChain should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. 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