THORChain (Rune) has become one of the popular cryptocurrency in the cryptocurrency market and has become one of the choices among investors. Just like, any other digital coin, this coin too uses a liquidity protocol that allows the users to trade the crypto coins across multiple networks and ensures that ownership remains with the users during this process of exchange. One can easily interchange one asset for another and does not require any kind of permission and also does not have to depend on order books to create liquidity. RUNE is absolutely one of the best choices in the long run and by clever technical analysis, one can do price prediction of the coin.
About THORChain (Rune)
The platform of the THORChain network used RUNE as the base currency and a minimum of 1 million RUNE is required to take part in the circular consensus process. The Platform does not have a founder, or any CEO and is originally founded by Gitlab. The coin was initially launched through the top currency exchange Binance and an initial DEX Offering (IDO) was raised in the year 2019. However, later it was originally launched in January 2021.
- Coin Name: THORChain
- Symbol: RUNE
- Rank: 42
- CMP: $10.21
- Market Share: 0.16%
- Market Cap: $2426.48 million
- Trade Volume (in 24 hrs): $391.81 million
- ATH (on 19th May 2021): $21.2600
- ATL (on 27th Sept 2019): $0.0079
THORChain is unique from other crypto platforms as it uses a different kind of mechanism which ultimately reduce the problem of temporary losses that a trade facilitator experience while facilitating the trade of trading pairs on the decentralized exchanges and thus, it uses a slip-based fee protocol. Through this, all the fees produced directly goes to the users.
THORChain (Rune) Today’s Price
Today, the coin recorded a price of $10.07 USD and in the last 24 hours, the coin made a rise of 21.35% and also recorded a trading volume of $391, 812, 752. The coin has a market capitalization of $2,426, 478, 143. Within 24 hours, the coin made a high of $10.14 and a low of $6.00. Currently, the total supply of RUNE is 500,000,000 while it has a circulating supply of 240,896,843 RUNE.
- Today’s Price: $10.07
- ATL (in 24 hrs): $6.00
- ATH (in 24 hrs): $10.14
THORChain (Rune) Price Prediction
On 23rd May 2021, the coin made an opening of $9.44 and made a high of $9.77 and later made a low of $6.00 and end up at $7.85 and recorded a trading volume of $293,501,783. Based on the charts and current trend of the market, the digital coin, ‘THORChain’ a long-term increase is expected in the near future. The price prediction by the end of 2025, is $11.80.
Where to Buy?
RUNE is quite a popular crypto coin and is available at several centralized and decentralized currency exchange. However, the top trading centralized exchange is Binance while the decentralized exchange is SushiSwap. We will keep you updated, till then, stay tuned with us.
DISCLAIMER: Dekh News is an implementation-only help provider. The content presented on this website is for data purposes only and should not be interpreted as investment guidance, financial guidance, or trading guidance. Any idea that is presented on this website does not form credentials by Dekh News. We do not make any illustrations or guarantee the correctness or completeness of the data that is presented on this website. If you trust the data on this website then you do so completely from your own prospect. Users should do their own analysis on cryptocurrencies and discuss their financial consultant before executing any crypto investments.
Leave a Reply