THORChain (RUNE) Self Reported Market Capitalization Reaches $1.08 Billion

THORChain (RUNE) traded up 14.7% against the U.S. dollar during the one day period ending at 9:00 AM Eastern on January 17th. THORChain has a market cap of $1.08 billion and $385.68 million worth of THORChain was traded on exchanges in the last 24 hours. During the last seven days, THORChain has traded up 16.4% against the U.S. dollar. One THORChain coin can currently be bought for about $3.96 or 0.00003860 BTC on cryptocurrency exchanges.

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

• 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 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.
• SolvBTC (SOLVBTC) traded 3.5% higher against the dollar and now trades at $102,398.08 or 0.99779600 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 3.4% against the dollar and now trades at $101,387.34 or 0.98794704 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About THORChain

THORChain was first traded on May 8th, 2018. THORChain’s total supply is 423,556,691 coins and its circulating supply is 273,432,758 coins. 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. THORChain’s official website is thorchain.org. The official message board for THORChain 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 Coin Trading

It is usually not currently 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 Coinbase, GDAX or Changelly. 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