Cryptocurrency THORChain Up More Than 11% In 24 hours
Portfolio Pulse from Benzinga Insights
THORChain's cryptocurrency, RUNE, has seen an 11.33% increase in price over the last 24 hours, reaching $8.84, despite a 25% decrease over the past week from $10.57. The coin's all-time high is $20.87. Trading volume has decreased by 26% over the past week, and the circulating supply has decreased by 0.58% to over 300.70 million, which is 60.14% of its max supply. RUNE's market cap ranking is now #50 at $2.63 billion.
March 20, 2024 | 7:03 pm
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RUNEUSD experienced an 11.33% increase in the last 24 hours to $8.84, despite a weekly 25% drop. The trading volume decreased by 26%, and the circulating supply is now 60.14% of its max.
The significant 24-hour price increase of RUNEUSD, despite a recent downtrend, indicates a potential short-term bullish sentiment among investors. The decrease in trading volume and circulating supply could suggest a tightening supply, possibly supporting further price increases in the short term.
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