Over the past 24 hours, THORChain’s (CRYPTO: RUNE) price has increased by 8.87% to $5.74, continuing its positive trend over the past week. The coin has experienced a 6.0% gain over the last seven days, from $5.37 to its current price. At present, the all-time high for the currency is $20.87.
The following illustration contrasts the price fluctuations and volatility of THORChain in the last 24 hours (on the left) with its price trends during the past week (on the right). The gray bands, known as Bollinger Bands, serve as volatility indicators in daily and weekly price changes. The wider the bars, the more significant the gray area is at any given moment and the more influential the volatility.
During the past week, the trading volume for the coin has fallen by 3.0%, moving directionally with the overall circulating supply of the currency, which has decreased by 0.09%. Currently, the circulating collection is 300.70 million, which makes up an estimated 60.14% of its maximum supply of 500.00 million. Our data shows RUNE’s current market cap ranking is #38, valued at $1.73 billion.