THORChain 24-Hour Trading Volume Reaches $1.14 Billion (RUNE)

THORChain (RUNE) traded up 1.9% against the U.S. dollar during the one day period ending at 8:00 AM ET on March 2nd. In the last week, THORChain has traded 2.3% lower against the U.S. dollar. THORChain has a total market capitalization of $360.64 million and $1.14 billion worth of THORChain was traded on exchanges in the last 24 hours. One THORChain coin can now be bought for about $1.30 or 0.00001510 BTC on exchanges.

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

• Taiko (TAIKO) traded 2.1% lower against the dollar and now trades at $0.95 or 0.00001107 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 down 2.2% 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.
• Hokkaidu Inu (HOKK) traded up 1.2% 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.
• SolvBTC (SOLVBTC) traded 1.2% higher against the dollar and now trades at $85,670.37 or 0.99734800 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.2% higher against the dollar and now trades at $85,421.58 or 0.99445171 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

THORChain Profile

THORChain was first traded on May 8th, 2018. THORChain’s total supply is 425,843,625 coins and its circulating supply is 277,960,919 coins. The official message board for THORChain is medium.com/thorchain. 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. 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 trade THORChain should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy THORChain using one of the exchanges listed above.

RUNE/USD price chart by TradingView