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About Thorstarter

Thorstarter describes itself as a decentralized protocol utilized to expand and forward liquidity via the native Thorchain network. THORChain is an autonomous blockchain that utilizes the Cosmos SDK as a cross-chain DEX. This network aims to let the users efficiently and securely swap crypto assets, allowing any smart contract-enabled blockchain to access liquidity from any other Thorchain-compatible chain. Thorstarter acts as an IDO (Initial DEX offering) platform for new projects, providing them with deep liquidity right from the beginning. IDO is a successor to IEOs (Initial exchange offering) and ICOs (Initial coin offering) in that it seeks to raise funds and bootstrap a project. Alternatively, Thorstarter claims to allow existing projects to reach investors and participants across various blockchains by creating a liquidity pool for their token paired with XRUNE. XRUNE is the native token of this network. Thorstarter complements the Thorchain ecosystem, and benefits from its liquidity and capabilities, while also expanding its usage.

As per its whitepaper, the native currency of Thorstarter is a liquidity relay between the THORChain network and long-tail crypto assets (young projects with low liquidity). XRUNE claims to be the settlement currency between new projects (IDOs) and THORChains’ active pools. Further, the network claims that XRUNE token holders can become members of Valhalla Venture DAO (Decentralized Autonomous Organization) by locking XRUNE for their governance token vXRUNE. A Venture DAO is a decentralized, community-governed group that invests the combined capital of its members. The platform also claims that holding one hundred or more vXRUNE lets DAO members participate in Thorstarter IDOs and entitles them to rewards from successful Thorstarter IDOs. Furthermore, vXRUNE seeks to allow the Thorstarter community to partake in the protocol's governance by locking up the protocol's token, XRUNE, providing community stakeholders the privilege to make proposals and vote on any active activity poll or proposal.

According to its website, the mission of Thorstarter is to launch and fund the best up-and-coming THORfi and DeFi projects via liquidity grants and access to their customizable, multichain IDO (Initial DEX offering) launchpad. XRUNE has a different tokenomics and governance structure, and its price is not 1:1 to RUNE. RUNE is a native token of THORchain. Both tokens act as a settlement currency. The total supply of this token is 1,000,000,000 XRUNE.

Market

Market stats

Market cap

$1.7M

Volume (24h)

$3,462.33

Circulating supply

80.7M XRUNE

All time high

$0.66

Market performance

Price change (1h)

+0.03%

Price change (1d)

+1.28%

Price change (1w)

+3.17%

Price change (2w)

+18.69%

Price change (1m)

+28.23%

Price change (1y)

+131.95%

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Thorstarter is on the rise this week.

The price of Thorstarter has increased by 0.03% in the last hour and increased by 1.28% in the past 24 hours. Thorstarter’s price has also risen by 3.17% in the past week. The current price is $0.0212 per XRUNE with a 24-hour trading volume of $3.46K. Currently, Thorstarter is valued at 96.77% below its all time high of $0.66. This all-time high was the highest price paid for Thorstarter since its launch.

The current circulating supply of Thorstarter is 80,689,454 XRUNE which means that Thorstarter has as total market cap of 80,689,454.

FAQ

What is the current price of Thorstarter?

We update our Thorstarter to USD currency in real-time. Get the live price of Thorstarter on Coinbase.

What is the market cap of Thorstarter?

The current market cap of Thorstarter is $1.71M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Thorstarter?

The all-time high of Thorstarter is $0.66. This all-time high is highest price paid for Thorstarter since it was launched.

What is the 24 hour trading volume of Thorstarter?

Over the last 24 hours, the trading volume of Thorstarter is $3.46K.

What other assets are similar to Thorstarter?

Assets that have a similar market cap to Thorstarter include CONTRACOIN, ETHPad, Oddz, and many others. To see a full list, see our comparable market cap assets.

How many Thorstarter are there?

The current circulating supply of Thorstarter is 81 million.

Can I buy Thorstarter on Coinbase?

Yes, Thorstarter is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Thorstarter guide.