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What is the issuance price and issuance volume of THORChain(RUNE) coins?
THORChain's (RUNE) initial issuance price was set at $0.05 per coin during its 2019 initial exchange offering (IEO) on Binance Launchpad.
Dec 08, 2024 at 02:18 am
What is the Issuance Price and Issuance Volume of THORChain(RUNE) Coins?
THORChain (RUNE) is a decentralized network that enables the exchange of assets across different blockchains. It is the native token of the THORChain network and is used to pay transaction fees, reward node operators, and secure the network through staking.
Issuance Price
THORChain coins were first issued in June 2019 through an initial exchange offering (IEO) on Binance Launchpad. The issuance price was $0.05 per RUNE.
Issuance Volume
The total issuance volume of THORChain coins is 500 million RUNE. Of this amount, 150 million RUNE were sold during the IEO, while the remaining 350 million RUNE are reserved for future distribution to node operators, liquidity providers, and other ecosystem participants.
How Can I Buy THORChain Coins?
THORChain coins can be purchased on a variety of cryptocurrency exchanges, including Binance, Huobi, Gate.io, and Uniswap. The price of RUNE fluctuates based on supply and demand, so it is important to research the market before making a purchase.
How Can I Store THORChain Coins?
THORChain coins can be stored in a variety of cryptocurrency wallets, including the THORChain mobile wallet, the Ledger Nano X hardware wallet, and the MetaMask software wallet. It is important to choose a wallet that is secure and easy to use.
What is the Future of THORChain?
THORChain is a promising project with a strong team and a clear vision for the future. The network has already processed over $1 billion in transaction volume and is adding new features and integrations all the time.
Here are some of the key factors that could contribute to the future success of THORChain:
- Growing demand for cross-chain asset exchange: The demand for cross-chain asset exchange is growing as more and more users invest in different cryptocurrencies. THORChain is well-positioned to meet this demand with its decentralized, non-custodial platform.
- Strong team and community: THORChain is backed by a strong team of developers and a growing community of users and supporters. The team is committed to developing the network and making it the leading platform for cross-chain asset exchange.
Conclusion
THORChain is a decentralized network that enables the exchange of assets across different blockchains. The network is powered by its native token, RUNE, which is used to pay transaction fees, reward node operators, and secure the network through staking. THORChain has a bright future as the demand for cross-chain asset exchange grows.
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