THORChain (RUNE) Hits Self Reported Market Capitalization of $142.00 Million

THORChain (RUNE) traded down 2.4% against the US dollar during the 24-hour period ending at 12:00 PM ET on June 1st. THORChain has a total market cap of $142.00 million and approximately $4.83 million worth of THORChain was traded on exchanges in the last 24 hours. One THORChain coin can currently be purchased for $0.41 or 0.00000571 BTC on exchanges. In the last week, THORChain has traded 11.8% lower against the US dollar.

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

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 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.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.4% lower against the dollar and now trades at $72,570.02 or 0.99778493 BTC.
• SolvBTC (SOLVBTC) traded down 3.2% against the dollar and now trades at $71,143.44 or 1.00227590 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

THORChain Coin Profile

THORChain launched on May 3rd, 2018. THORChain’s total supply is 360,099,464 coins and its circulating supply is 350,133,215 coins. 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. The official message board for THORChain is blog.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.”

Buying and Selling THORChain

It is usually not currently possible to purchase alternative cryptocurrencies such as THORChain directly using U.S. dollars. Investors seeking to acquire THORChain should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase THORChain using one of the exchanges listed above.

RUNE/USD price chart by TradingView