THORChain Trading Down 3.4% This Week (RUNE)

THORChain (RUNE) traded down 3.9% against the dollar during the 24 hour period ending at 22:00 PM ET on January 24th. One THORChain token can currently be purchased for approximately $1.67 or 0.00007405 BTC on popular exchanges. Over the last week, THORChain has traded 3.4% lower against the dollar. THORChain has a total market capitalization of $545.58 million and $65.42 million worth of THORChain was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • Aidi Finance (BSC) (AIDI) traded down 9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded down 4.3% against the dollar and now trades at $0.0590 or 0.00000261 BTC.
  • CareCoin (CARES) traded 4.3% lower against the dollar and now trades at $0.0732 or 0.00000324 BTC.
  • OmniaVerse (OMNIA) traded 43.4% lower against the dollar and now trades at $0.0020 or 0.00000009 BTC.
  • Kitty Inu (KITTY) traded down 4.3% against the dollar and now trades at $90.62 or 0.00400651 BTC.
  • Lunar (LNR) traded 5.1% higher against the dollar and now trades at $0.0286 or 0.00000127 BTC.
  • Hokkaidu Inu (HOKK) traded 2.8% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
  • QANplatform (QANX) traded down 4.3% against the dollar and now trades at $6,361.15 or 0.28122715 BTC.
  • 2G Carbon Coin (2GCC) traded 0.3% lower against the dollar and now trades at $135.02 or 0.00596925 BTC.
  • Lego Coin (LEGO) traded 1.2% lower against the dollar and now trades at $0.0398 or 0.00000176 BTC.

THORChain Token Profile

THORChain’s genesis date was May 8th, 2018. THORChain’s total supply is 498,910,727 tokens and its circulating supply is 326,362,945 tokens. 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. The official website for THORChain is thorchain.org.

According to CryptoCompare, “THORCHain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks without losing full custody of their assets in the process.With THORChain, users can simply swap one asset for another in a permissionless setting, without needing to rely on order books to source liquidity. Instead, market prices are maintained through the ratio of assets in a pool (see automated market maker).The native utility token of the THORChain platform is RUNE. This is used as the base currency in the THORChain ecosystem and is also used for platform governance and security as part of THORChain's Sybil resistance mechanisms — since THORChain nodes must commit a minimum of 1 million RUNE to participate in its rotating consensus process.THORChain was funded through an initial DEX offering (IDO) which launched through the Binance DEX in July 2019. Its mainnet was originally launched in January 2021.Mainnet – https://viewblock.io/thorchainERC-20 – https://etherscan.io/token/0x3155ba85d5f96b2d030a4966af206230e46849cbBEP2 – https://explorer.binance.org/asset/RUNE-“

THORChain Token Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as THORChain directly using US dollars. Investors seeking to acquire THORChain should first purchase Bitcoin or Ethereum using an exchange that deals in US 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.

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