RUNE Logo

RUNE

RUNE

Rank #74

$6.7

-2.33%
24H Low$6.75
$7.3724H High
24H Volume
$458.86 M
All-Time High(ATH)
$20.87
All-Time Low(ATL)
$0.008513
Market Cap
$2.24 B
Fully Diluted Valuation
$3.35 B
Market Cap/FDV
66.78%
Circulating Supply
333.9 M RUNE
Total Supply
412.74 M RUNE
Max Supply
500 M RUNE
Market Sentiment
Positive
* Data from 3rd parties

RUNE (RUNE) Price Trends

Time period
Change amount
% Change
1H
$-0.02758
-0.41%
24H
$-0.1598
-2.33%
7D
$+1.22
+22.36%
30D
$+1.18
+21.34%
1Y
$+5.58
+499.78%

Credibility Indicators

89.75

Reliability Score

Rank #1

# 100

Percentile

TOP 5%

Investors

Multicoin Capital

Multicoin Capital

Delphi Digital

Delphi Digital

ExNetwork Capital

ExNetwork Capital

Arche Fund

Arche Fund

Live RUNE (RUNE) Price Update

RUNE price today is $6.7 with a 24-hour trading volume of $458.86 M, and as such RUNE has a market cap of $2.24 B, giving it a market dominance of 0.095%. The RUNE price moved -2.33% in the last 24 hours.

RUNE reached its highest price on 2021-05-19 when it was trading at its all-time high of $20.87, while its lowest price was recorded on 2019-09-28 when it was trading at its all-time low of $0.008513. The current lowest price since the last cycle high was $0.008513, and the highest price since the last cycle low was $20.87. The social sentiment of RUNE is currently Positive.

The current circulating supply of RUNE is $333.9 M RUNE. In terms of market cap, RUNE is currently ranked 74.

About RUNE (RUNE)

Thorchain is a highly optimized multi chain that uses pbft consensus to achieve sub second block termination. Tokens are traded on a single chain, which is called tokenchains with discrete address space. Multicomponent slices are proposed to allow Byzantine resistance scaling. Native protocols are helpful for protocol level chain transactions and order matching, and support price limit and market orders. Rune is the pass of thorchain ecosystem, which can be used to pay transaction fees, maintain liquidity, and make block rewards. Cash holders receive dividends.

FAQs

1. What determines the price movement of RUNE?

There are two schools of thought in determining the price of RUNE.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of RUNE, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of RUNE from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of RUNE on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for RUNE as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for RUNE and the cryptocurrency market as a whole.

RUNE Tokenomics

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RUNE Analysis

RUNE (RUNE) News

Date
Market Cap
Volume
Open
Close
2024-05-21
$2.36 B
72.46 M RUNE
$7.06
N/A
2024-05-20
$2.25 B
75.15 M RUNE
$6.74
$7.06
2024-05-19
$2.28 B
24.63 M RUNE
$6.81
$6.74
2024-05-18
$2.28 B
25.14 M RUNE
$6.82
$6.81
2024-05-17
$2.17 B
60.11 M RUNE
$6.48
$6.82
2024-05-16
$2.11 B
75.56 M RUNE
$6.3
$6.48
2024-05-15
$1.85 B
84.66 M RUNE
$5.53
$6.3
2024-05-14
$1.94 B
54.23 M RUNE
$5.8
$5.53