Market Cap
$1,130,399,338.0
Fully Diluted Valuation
$1,620,000,000.0
24 Hour Trading Vol
$402,399,165.0
Circulating Supply
349,168,003.0
Total Supply
424,148,258.0
Max Supply
500,000,000.0
THORChain Price
$3.24
24h Range
$3.17 - $3.56
Percent Change 1h
-1.66%
Percent Change 24h
0.31%
Percent Change 7d
0.37%
All-time high
$20.87
All-time low
$0.008513
1D
7D
1M
1Y
All
THORChain is a decentralized liquidity protocol that enables cross-chain asset swaps without the need for a centralized exchange. Launched in 2018, THORChain facilitates the trading of assets across different blockchains, allowing users to swap cryptocurrencies directly from their wallets. The native token of the THORChain network is RUNE, which is used for governance, liquidity provision, and incentivizing users to participate in the network.
As of 2024, THORChain supports multiple blockchains, including Bitcoin, Ethereum, Binance Smart Chain, and many others, enabling seamless transactions and liquidity across various digital assets. The protocol operates using an automated market maker (AMM) model, allowing liquidity providers to earn fees by supplying tokens to liquidity pools.
THORChain was founded by a team of anonymous developers and contributors who value privacy and decentralization. The core team includes individuals with backgrounds in software development, blockchain technology, and finance. While the founders maintain anonymity, the project has garnered significant support from the community and has a growing number of contributors. The development is overseen by the THORChain community, which plays an essential role in governance and decision-making processes.
THORChain utilizes a unique mechanism to facilitate cross-chain swaps through its liquidity pools and the RUNE token. The core components of THORChain's functionality include:
THORChain has several use cases that highlight its versatility and utility in the crypto ecosystem:
Keeping your THORChain assets safe requires a combination of best practices and security measures:
Investing in THORChain (RUNE) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy THORChain: Once your account is funded, you can purchase THORChain directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in THORChain using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
THORChain (RUNE) is currently trading at $3.24 and exhibits good potential for future growth. Check the latest THORChain (RUNE) price prediction.
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