Current RUNE to INR Exchange Rate
The current price of 1 THORChain (RUNE) is INR 122.92 as of the latest market data. This conversion rate provides a real-time snapshot of RUNE's value against the Indian Rupee, offering crucial information for investors and traders monitoring the cryptocurrency market.
Understanding the THORChain to INR Price Chart
Monitoring the RUNE/INR chart is essential for tracking price movements and identifying market trends. The circulating supply of RUNE currently stands at 351,491,248 tokens, contributing to a total market capitalization of approximately ₹42,206,904,967.39 INR. Notably, the trading volume for THORChain has decreased by 40.34% over the past 24 hours, indicating shifting market dynamics.
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THORChain Conversion Table
RUNE to INR Conversions
| RUNE Amount | INR Equivalent |
|---|---|
| 0.01 RUNE | 1.23 INR |
| 0.1 RUNE | 12.29 INR |
| 1 RUNE | 122.92 INR |
| 10 RUNE | 1,229.21 INR |
| 100 RUNE | 12,292.10 INR |
INR to RUNE Conversions
| INR Amount | RUNE Equivalent |
|---|---|
| 0.01 INR | 0.00008135 RUNE |
| 0.1 INR | 0.0008135 RUNE |
| 1 INR | 0.008135 RUNE |
| 10 INR | 0.08 RUNE |
| 100 INR | 0.81 RUNE |
Market Insights and Analysis
THORChain's fully diluted market cap currently stands at zero, reflecting specific tokenomic conditions. The cryptocurrency's value against various global currencies demonstrates its position in the international digital asset landscape, with the INR pairing being particularly significant for Indian investors.
Popular Cryptocurrency Conversion Pairs
Beyond RUNE to INR, traders frequently monitor conversion pairs involving major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and other digital assets against traditional fiat currencies including USD, EUR, and GBP. These pairs provide comprehensive market perspective and trading opportunities.
Frequently Asked Questions
What determines the THORChain to INR exchange rate?
The RUNE/INR exchange rate is determined by market supply and demand dynamics on cryptocurrency exchanges. Factors including trading volume, market sentiment, global economic conditions, and blockchain developments all influence the current conversion rate between THORChain and Indian Rupee.
How can I convert RUNE to Indian Rupees securely?
Secure conversion involves using reputable platforms that offer transparent pricing and robust security measures. The process typically involves depositing RUNE tokens, executing a sell order at current market rates, and withdrawing INR directly to your bank account through proper verification procedures.
What is the minimum investment amount for THORChain in India?
Many platforms allow investors to purchase THORChain with as little as 100 Indian Rupees, making cryptocurrency investment accessible to beginners and those with limited capital. This low entry threshold encourages broader participation in digital asset markets.
Why has THORChain's trading volume decreased recently?
Trading volume fluctuations can result from various factors including market consolidation, changing investor sentiment, seasonal patterns, or broader cryptocurrency market trends. A 40.34% decrease in 24-hour volume suggests reduced trading activity but doesn't necessarily indicate a negative price trajectory.
How does THORChain's market capitalization affect its price?
Market capitalization represents the total value of all circulating RUNE tokens and is calculated by multiplying current price by circulating supply. While market cap doesn't directly determine price, it provides context for the project's size and significance within the cryptocurrency ecosystem compared to other digital assets.
Can I use THORChain for everyday purchases in India?
While primarily an investment asset, THORChain's utility as a payment method depends on merchant acceptance. The cryptocurrency must first be converted to INR through authorized platforms before being used for most everyday transactions in India, as direct crypto payments remain limited.