77% of retail investor accounts lose money when trading CFDs with this provider.
|1 THORChain = 0.92657 GBP||1 000 GBP = 1,079.24531 RUNE|
|100 THORChain = 92.65734 GBP||100 000 GBP = 107,924.53 RUNE|
|Currently in circulation: 300,700,561 RUNE||The maximum amount of RUNE in circulation: 500,000,000|
Both rise and fall of the price is an opportunity for trading. Thanks to CFD brokers, it is possible to trade even falling prices. For a trader, the worst are stable prices where it is not possible to “jump on the wave and ride it.”
Jumping on the wave means trading in the direction of the trend. Put simply, when the price is falling – trade fall; when it is rising – trade rise.
Market value and the current THORChain price
|Current price||0.9266 GBP / 1.1500 USD / 1.0716 EUR|
|Total market value||279,314,915 GBP / 346,666,710 USD / 323,042,067 EUR|
|Price change in the last 24h||-1.86%|
|Price change in the last 7 days||1.37%|
|Updated||May 31, 2023, 5.59 am|
In the last 24h, the price of the cryptocurrency THORChain has decreased by 1.86%. Even though the currency price has been decreasing in the last 24h, the value of the digital currency THORChain has increased by 1.37% within the last 7 days. Therefore, it cannot be said there is a long-term decreasing trend. The total market value of the cryptocurrency THORChain as of Jan 12, 2022, is 346,666,710 USD (roughly 279,314,915 GBP), which makes it the 113th most valuable cryptocurrency in the world.
Cryptocurrencies with similar market capitalisation: Krypton DAO | dYdX | PancakeSwap
|Date||RUNE/USD||Price in GBP||Change in 24h|
|May 30, 2023||1.160 USD|
|May 29, 2023||1.170 USD|
|May 28, 2023||1.150 USD|
|May 27, 2023||1.140 USD|
|May 26, 2023||1.140 USD|
|May 25, 2023||1.120 USD|
|May 24, 2023||1.099 USD|
|May 23, 2023||1.140 USD|
|May 22, 2023||1.120 USD|
|May 21, 2023||1.120 USD|
|May 20, 2023||1.160 USD|
|May 19, 2023||1.160 USD|
|May 18, 2023||1.180 USD|
|May 17, 2023||1.190 USD|
You can open a demo account or a real money account. 77% of retail investor accounts lose money when trading CFDs with this provider.
Frequently asked questions
1️⃣ What will be the price of THORChain in a day/week/month?
Predicting the RUNE price correctly is not easy. However, we prepared a technical analysis which will help you to identify whether it is better to sell or buy this cryptocurrency.
2️⃣ Can I make some money from falling prices?
Yes, you can speculate on the price fall via CFD. You can try out everything for free, you just need to choose a broker and open a demo account.
3️⃣ Is THORChain worth trading or do you recommend another cryptocurrency?
Realistically, we cannot evaluate whether or not RUNE is worth trading. Each cryptocurrency is specific and it is important to know everything that affects its price. However, we believe it is always safer to trade cryptocurrencies with a higher market capitalisation. Generally, they do not experience the same fluctuations in prices as those with a lower market cap.