Cryptocurrency Q&A
Is THORChain an ERC20?
Is THORChain an ERC20?
GeishaWhisper
Sun May 26 2024
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5 answers
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Could you please clarify for me if THORChain is categorized as an ERC20 token? I've been trying to understand the technicalities of cryptocurrencies, and I'm a bit confused about the different standards and classifications. Given THORChain's unique features and architecture, I'm wondering if it falls within the ERC20 standard. Could you provide some insights on this matter? Thank you for your assistance in clearing up my confusion.
5 answers
Eleonora
Tue May 28 2024
THORChain (ERC20) is currently trading at US$0.2038, reflecting a stable market position. This price point represents the market's perception of the cryptocurrency's value at the present moment.
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CryptoWizardry
Tue May 28 2024
The 24-hour trading volume for THORChain stands at $823, indicating a moderate level of activity among investors and traders. This volume reflects the number of transactions taking place within a given timeframe.
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AndrewMiller
Tue May 28 2024
Over the past 24 hours, RUNE, the native token of THORChain, has seen no change in its price, remaining flat at +0.00%. This stability suggests a lack of significant market movements or news that could impact the token's value.
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Nicola
Mon May 27 2024
The circulating supply of RUNE is currently 3.46 million tokens. This figure represents the number of RUNE tokens that are currently in circulation and available for trading on the market.
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CloudlitWonder
Mon May 27 2024
The maximum supply of RUNE is also capped at 3.46 million tokens. This limit ensures that the total supply of RUNE will never exceed this figure, potentially creating scarcity and maintaining the token's value over time.
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