THORChain Price Today
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RUNE to USD
RUNE1
RUNE
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USD
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| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.20% | 7.34% | 4.89% | 27.00% | 54.98% | 37.72% |
Compare THORChain with other crypto
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.20% | 7.34% | 4.89% | 27.00% | 54.98% | 37.72% |
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RUNE to USD
RUNE1
RUNE
=
USD
THORChain Risk Analysis
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Has the price increased over the past year?
Price has decreased by -5.89% in the last 1 year.
Is it trading above the 200-day simple moving average(SMA)?
THORChain is currently trading 0.71% above the 200-Day SMA which is $5.01.
Is THORChain currently overbought zone by (RSI)?
The 14-Day Relative Strength Index (RSI) is at 32.82 which indicates that the cryptocurrency is currently NEUTRAL and may trade sideways.
Have the last 30 trading days been positive?
The number of green days in the last 30 days is 14 which is 47%.
Is the total supply of THORChain higher than the circulating supply?
The circulating supply has yet to be published.
The liquidity based on market capitalization to volume ratio should be sufficient.
Has high liquidity with 0.07511 volume to market cap ratio. The current market cap is $1.7B while the 24-hour volume is $127.6M
THORChain (RUNE) Markets
THORChain Quarterly Returns
| Year | Q1 | Q2 | Q3 | Q4 | Total |
|---|---|---|---|---|---|
| 2019 | - | - | -48.93% | 704.01% | 310.57% |
| 2020 | -8.38% | 467.35% | 32.92% | 141.10% | 1565.80% |
| 2021 | 579.88% | -15.15% | 3.03% | -2.48% | 479.59% |
| 2022 | 69.32% | -83.72% | -15.99% | -18.74% | -81.19% |
| 2023 | 12.32% | -28.05% | 86.78% | 169.20% | 306.32% |
| 2024 | 67.77% | -52.31% | |||
| Average | 144.18% | 57.62% | 11.56% | 198.62% | 516.22% |
Introduction to THORChain
THORChain is a decentralized liquidity network that allows the seamless exchange of cryptocurrencies across multiple blockchains. Launched in April 2019, THORChain has quickly gained popularity in the crypto community due to its innovative approach to liquidity provision.
What is THORChain?
THORChain is a decentralized network that enables cross-chain swaps without the need for intermediaries. It achieves this by using a unique protocol that facilitates trustless trading across multiple blockchains. The protocol is built on top of Tendermint, a popular consensus engine that powers several blockchain projects.
How Does THORChain Work?
THORChain works by creating pools of assets that are used to facilitate cross-chain swaps. These pools are called “liquidity pools,” and they are created and maintained by users who deposit assets into them. For example, a liquidity pool could consist of Bitcoin and Ethereum. Users can swap Bitcoin for Ethereum or vice versa without the need for intermediaries or centralized exchanges.
To ensure that the exchange rate is fair and accurate, THORChain uses a unique mechanism called “Continuous Liquidity Pools” or CLPs. CLPs automatically adjust the exchange rate based on the ratio of assets in the pool. This ensures that the price of assets is always market-driven, and users get the best possible price.
THORChain’s Unique Features
THORChain has several unique features that make it stand out from other decentralized exchanges. Its most significant feature is that it can trade assets all over the different blockchains. This means users can trade Bitcoin, Ethereum, Binance Coin, and other cryptocurrencies without the need for intermediaries.
Another unique feature is its liquidity provision mechanism. THORChain uses a protocol that incentivizes users to deposit assets into liquidity pools by rewarding them with transaction fees. This ensures that the liquidity pools are always adequately funded and that users can swap assets at any time.
Advantages of THORChain
THORChain has several advantages over centralized exchanges and other decentralized exchanges. Some of these advantages include:
- Non-custodial: Users have full control over their funds at all times
- Decentralized: THORChain is a decentralized platform, meaning there is no single point of failure
- Cross-chain swaps: THORChain allows users to swap assets across multiple blockchains, making it more versatile than other decentralized exchanges
- Fast and efficient: THORChain’s protocol is designed to be fast and efficient, ensuring that users can swap assets quickly and at the best possible price
- Secure: THORChain uses cutting-edge security measures to ensure that user funds are safe at
How Much is a One THORChain Worth Now?
The current price of the THORChain(RUNE) is $5.04, with a current market cap $1,698,964,908.70.
What is the THORChain Stock Symbol or Ticker?
RUNE is a ticker symbol of the THORChain.
How Many RUNE Coins Are There in Circulation?
At the movement,336.95M THORChain tokens are already in the market out of 414.2M RUNE.
How Can I Invest in THORChain?
There are many options for buying crypto, and THORChain can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy THORChain. It's a quick, easy, and secure way to buy THORChain(RUNE).
Is THORChain a Stablecoin?
No, It is not a stablecoin.
What Was the Lowest Price for THORChain?
THORChain had an all-time low of $0.00793.
What Was the Highest Price for THORChain?
THORChain had an all-time high of $21.26.
THORChain Price Prediction
The current THORChain price is $5.04. In the last 24 hours, THORChain price has gone up by 7.34%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future THORChain price prediction.
Portfolio Tracker
Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired THORChain at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.
Coin Converter
By exchanging RUNE against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, THORChain can be earned or received in various ways. RUNE considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the RUNE, including RUNE to PHP, RUNE to INR, RUNE to NGN, RUNE to THB, RUNE to CAD, RUNE to PKR, RUNE to IDR , RUNE to EUR , RUNE to AUD , RUNE to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.
Would you like to know how many cryptocurrencies 1 RUNE is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like RUNE to BTC, RUNE to SUI, RUNE to NEIRO, RUNE to SOL, RUNE to HMSTR, RUNE to PEPE, RUNE to UNI, RUNE to ETH, RUNE to DOGS, RUNE to TAO .
RUNE Price Current Data
THORChain price today is $5.04 USD, which is Up by 7.34% over the last 24 hours. There has been an hourly Rise by 0.20%. THORChain's market cap currently sits at $1,698,964,908.70 USD, holding up for a market cap rank at #49. The volume were at $127,603,572.53 USD THORChain ranks no 49 in the market capitalization of THORChain is at $1,698,964,908.70 and its volume for 24 hours is $127,603,572.53. THORChain are under circulation, with total supply of 414.2M and the Maximum supply of 0.
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RUNE Price Statistics
THORChain Price Live
| RUNE Price | $5.04 |
| Percentage Change ( 24h ) | ▲7.34% $0.40 |
| 24h High / Low | $5.08 / $4.68 |
| Trading Volume 24h | $127,603,572.53 |
| Volume / Market Cap | 0.07511 |
| Market Dominance | 0.08% |
| Market Rank | 49 |
| Market Cap | $1,698,964,908.70 |
| Fully Diluted Market Cap | $2,088,460,814.37 |
| All Time High | $21.26 ▼76.3% |
| All Time Low | $0.00793 ▲63386.92% |
| Circulating Supply | 336,952,186 RUNE |
| Total Supply | 414,200,101 RUNE |
| Max Supply | - |