The current price of THORChain (RUNE) is $ 0.25327600.
THORChain (RUNE) is an innovative, blockchain-based system that aims to facilitate cross-chain liquidity pools with no pegged or wrapped tokens. Utilizing the native cryptocurrency, RUNE, THORChain allows users to trade digital assets from different blockchain ecosystems directly.
THORChain was created by a team of anonymous developers motivated by the idea of enhancing blockchain connectivity. Their primary inspiration lies in creating a decentralized system that enables seamless trades across various blockchains, thus increasing the accessibility and efficiency of cryptocurrency transactions.
The defining feature of THORChain is its unique approach to liquidity pools and cross-chain transactions. Unlike many other cryptocurrencies, THORChain allows direct trades between separate blockchain ecosystems without requiring pegged or wrapped tokens. This design significantly simplifies the transaction process and makes decentralized finance (DeFi) more accessible.
RUNE, THORChain's native token, serves as the base currency for all transactions within the THORChain ecosystem. This use-case extends to liquidity pools, where RUNE pairs with other assets. Additionally, RUNE is used for network security purposes – node operators must commit RUNE to be allowed to validate transactions.
The current circulating supply of THORChain (RUNE) tokens is 3.5M, from a total supply of 3.5M.
In the past 24 hours, the price of THORChain has decreased by -1.58%.
You can safely purchase THORChain (RUNE) on the following exchanges: .
As with any other cryptocurrency, you can store your THORChain (RUNE) safely and securely by using a reputable cryptocurrency wallet. Options include hardware wallets, which give you full control over your private keys, or software wallets for more convenient access. Choose a wallet that suits your needs in terms of security, control, and convenience.
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