THORChain (RUNE) continues to make waves in the crypto industry with numerous developments and predictions for long-term growth. However, RUNE has recently seen a 20% price drop, affected by actions of the SEC, causing mixed reactions in the market. In the midst of meme coins on the Bitcoin Runes protocol, RUNE stands out as an essential part of
Bitfinity Network's cross-chain integration, expanding DeFi. The potential for 100x gains and a possible 60% surge if RUNE crosses a crucial price level have caught the attention of crypto whales, promoting significant speculation.
Despite some negative sentiments about Bitcoin Runes, with 68% of Runes in the red, RUNE's popularity remains undeterred. The potential impact of
THORChain's new integration, coupled with Bitcoin's strong monthly close, could spark a rally in RUNE price. Recent developments such as RUNE's jump of 14% following a
Kujira partnership and Bitcoin's climb above $61K, along with the launch of Bitcoin DEX by Satflow, aimed at solving mempool sniping in Ordinal and Rune Trading, all contribute to the significant potential of RUNE.
On the other hand, RUNE has faced challenges, including being vulnerable to forming a new all-time low. Despite the hype fading, Bitcoin Runes transactions are taking over the network, offering a lifeline for Bitcoin miners.
Rune Christensen, of MakerDAO, now Sky, faces controversy while trying to remake Maker and kill DAI. Finally, traders are encouraged to brace for Runes' launch by setting up their nodes.
RUNE Coin News Analytics from Thu, 14 Mar 2024 07:00:00 GMT to Thu, 07 Nov 2024 20:45:08 GMT -
Rating 0
- Innovation 5
- Rumor -3
