Latest News News

THORChain Price Plunge More Than 4% In 24 hours

THORChain Plunge More Than 4% In 24 hours

Over the past 24 hours, the price of THORChain has fallen 4.1% to $5.69. This continues its negative trend over the past week where it has experienced a 11.0% loss, moving from $6.35 to its current price.

THORChain Price Chart | Source: Coinstats

 

The chart below compares the price movement and volatility for THORChain over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

THORChain Price and Volatility

 

The trading volume for the coin has fallen 59.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has decreased 0.01%.

See Also: RUNE Soars 40% Weekly as THORChain Claims 2nd Place in DEX Daily Trading Volumes

This brings the circulating supply to 300.70 million, which makes up an estimated 60.14% of its max supply of 500.00 million. According to our data, the current market cap ranking for RUNE is #40 at $1.71 billion.

THORChain Circulating Supply and Trading Volume

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.