THORChain (RUNE) Price Hits $0.44 on Top Exchanges

THORChain (RUNE) traded down 0.1% against the dollar during the 24-hour period ending at 11:00 AM Eastern on May 20th. THORChain has a market cap of $155.63 million and $3.63 million worth of THORChain was traded on exchanges in the last day. One THORChain coin can now be purchased for about $0.44 or 0.00000572 BTC on major cryptocurrency exchanges. During the last week, THORChain has traded 24.1% lower against the dollar.

Here is how similar cryptocurrencies have performed during the last day:

• 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 2.2% lower 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 (SOLVBTC) traded up 1.5% against the dollar and now trades at $77,352.43 or 0.99760345 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.6% against the dollar and now trades at $77,036.68 or 0.99540884 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

THORChain Profile

THORChain launched on May 3rd, 2018. THORChain’s total supply is 360,099,464 coins and its circulating supply is 350,768,873 coins. 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 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.”

THORChain Coin Trading

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

RUNE/USD price chart by TradingView