|Price to ATH||
Rune is the native coin of the Thorchain protocol. Thorchain is a cross-chain decentralized exchange built on the Cosmos SDK. Users can exchange, trade, buy, and sell different cryptocurrencies using the Thorchain protocol. Rune is used as an intermediary currency on the platform. Thorchain protocol uses an automated market maker (AMM) model and allows users to stake their Rune coins in return for rewards.
With a total market cap of over $419 million, THORChain is the No. 86 cryptocurrency by market size. The currency symbol for THORChain is RUNE and it originated in Switzerland. THORChain is the token issued by the Thorchain platform. There will only ever be 500 million THORChain tokens issued. So far 300 million tokens (60.1% of the total supply) have been issued.
We found savings accounts offering up to 16% APY on THORChain deposits. Check out our THORChain staking yields table for further details.
The technical price analysis for THORChain below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of THORChain.
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