Cryptocurrency THORChain Up More Than 10% In 24 hours
Portfolio Pulse from Benzinga Insights
THORChain (CRYPTO: RUNE) has seen a significant price increase of 10.07% in the last 24 hours, reaching $10.77. Over the past week, its price has surged over 108%, from $5.18 to its current price. The coin's all-time high is $20.87. Trading volume for RUNE has increased by 59% over the past week, while its circulating supply has slightly decreased by 0.15%, totaling 300.70 million coins. Currently, RUNE's market cap ranks #46 at $3.24 billion.
March 13, 2024 | 3:02 pm
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THORChain (RUNE) has experienced a notable increase of over 10% in the last 24 hours, with a weekly surge of over 108%, indicating strong market momentum. The trading volume has also seen a significant rise of 59% over the past week.
The substantial increase in price and trading volume for THORChain (RUNE) suggests strong buyer interest and market momentum, which could continue to drive the price up in the short term. The decrease in circulating supply, albeit small, may also contribute to upward price pressure due to reduced availability.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100