THORChain (RUNE) Price Tops $6.25 on Major Exchanges

THORChain (RUNE) traded 9.5% higher against the dollar during the 1 day period ending at 19:00 PM E.T. on May 9th. During the last week, THORChain has traded up 26.5% against the dollar. One THORChain coin can currently be purchased for about $6.25 or 0.00009926 BTC on popular exchanges. THORChain has a market capitalization of $1.61 billion and approximately $546.70 million worth of THORChain was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded down 0.3% against the dollar and now trades at $0.29 or 0.00000466 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 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 2% against the dollar and now trades at $0.0105 or 0.00000017 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

THORChain Profile

THORChain’s launch date was May 8th, 2018. THORChain’s total supply is 414,022,734 coins and its circulating supply is 256,907,938 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 message board is medium.com/thorchain. THORChain’s official website is thorchain.org.

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 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 Gemini, GDAX or Coinbase. 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