THORChain Hits 24 Hour Trading Volume of $226.36 Million (RUNE)

THORChain (RUNE) traded up 12.6% against the dollar during the twenty-four hour period ending at 8:00 AM ET on February 10th. In the last week, THORChain has traded 13.5% higher against the dollar. THORChain has a market cap of $387.33 million and $226.36 million worth of THORChain was traded on exchanges in the last 24 hours. One THORChain coin can currently be purchased for $1.40 or 0.00001435 BTC on major cryptocurrency exchanges.

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

• GMX (GMX) traded 2.1% higher against the dollar and now trades at $23.65 or 0.00024311 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 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 0.9% higher against the dollar and now trades at $97,210.56 or 0.99923850 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 9.4% higher against the dollar and now trades at $96,979.41 or 0.99686255 BTC.
• Lumi Credits (LUMI) traded 8.9% higher 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 426,034,291 coins and its circulating supply is 277,432,689 coins. The official message board for THORChain is medium.com/thorchain. THORChain’s official website is thorchain.org. 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.

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 presently possible to purchase alternative cryptocurrencies such as THORChain directly using U.S. dollars. Investors seeking to trade THORChain should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase THORChain using one of the aforementioned exchanges.

RUNE/USD price chart by TradingView