THORchain (RUNE) has been on a rough ride with the coin having fallen by 45% overnight. Furthermore, the
RUNE price saw a 30% drop amidst
insolvency speculation. The situation was catalyzed by
THORchain suspending its withdrawals in
Bitcoin and
Ethereum, leading to a
-30% crash in RUNE. Despite the volatile circumstances, RUNE defied the insolvency fears with a
30% spike in price, as THORChain saw a $320 Swap Volume.
Bitcoin's new Meme Coin launch pad could potentially result in a positive effect on Runes.
Analysts have highlighted that RUNE coin might soon revert its downtrend and reach new highs. The recent developments and price fluctuations of RUNE coin have led to speculation about its future, with opinions varying from predictions of a potential collapse to a recovery being possible. Despite the recent crashes, RUNE coin is seen by many as a key player in the future of
Decentralised Finance (DeFi).
RUNE Coin News Analytics from Thu, 11 Apr 2024 07:00:00 GMT to Tue, 04 Feb 2025 06:58:54 GMT -
Rating 1
- Innovation 5
- Information 2
- Rumor -2
