How much does rune currency cost to start issuing?

Rune Coin was initially issued at $0.002. Its IEO sold 60 million Rune coins, raising a total of $1.2 million, out of a circulating supply of 240 million coins. Rune coin prices have fluctuated significantly since their initial issuance, and as of February 2023, each Rune coin was worth approximately $3.60.

Rune coin initial issuance price

Rune coin in The initial issuance price was $0.002$.

Detailed Description

Rune Coin is the native token of the Thorchain blockchain and was sold via an Initial Coin Offering (IEO) in 2019. During the IEO, 60 million Rune coins were sold, raising a total of $1.2 million.

The initial circulating supply of Rune coins is 240 million coins. During the IEO, each Rune coin sold for $0.002. This means that the Thorchain blockchain has a set value for Rune coins from the beginning.

The price of Rune Coin has experienced significant increases and decreases since its initial issuance. As of February 2023, each Rune coin is trading at approximately $3.6.

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