Cryptocurrency THORChain Rises More Than 7% In 24 hours
Portfolio Pulse from Benzinga Insights
THORChain's cryptocurrency, RUNE, has seen a 7.54% increase in price over the last 24 hours, reaching $7.84, despite a 15% decrease over the past week from $9.3. The coin's all-time high is $20.87. Trading volume has decreased by 52% over the past week, and the circulating supply has dropped by 1.35% to 334.50 million, which is 66.9% of its max supply. RUNE's market cap ranks it 50th at $2.63 billion.
April 04, 2024 | 7:02 pm
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THORChain's RUNE has increased by 7.54% in the last 24 hours to $7.84, despite a weekly decline of 15%. The trading volume has significantly decreased by 52%, and the circulating supply has also decreased.
The short-term increase in RUNE's price, despite a recent downtrend and decreased trading volume, indicates a potential rebound or market correction. However, the significant drop in trading volume and circulating supply could impact liquidity and future price stability.
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