THORChain Tops One Day Volume of $357.04 Million (RUNE)

THORChain (RUNE) traded up 18.7% against the US dollar during the 24 hour period ending at 8:00 AM Eastern on February 22nd. One THORChain coin can currently be purchased for $1.50 or 0.00001551 BTC on popular exchanges. THORChain has a total market cap of $417.74 million and $357.04 million worth of THORChain was traded on exchanges in the last 24 hours. During the last week, THORChain has traded up 11.6% against the US dollar.

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

• Taiko (TAIKO) traded 6% lower against the dollar and now trades at $1.04 or 0.00001075 BTC.
• 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 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 down 2.3% against the dollar and now trades at $96,571.66 or 0.99732672 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 2.2% against the dollar and now trades at $96,085.04 or 0.99230128 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

THORChain Profile

THORChain’s genesis date was May 8th, 2018. THORChain’s total supply is 426,007,283 coins and its circulating supply is 278,094,771 coins. 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. The official message board for THORChain is medium.com/thorchain. 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 currently possible to buy alternative cryptocurrencies such as THORChain directly using U.S. dollars. Investors seeking to trade THORChain should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy THORChain using one of the exchanges listed above.

RUNE/USD price chart by TradingView