⇘ RUNE Coin Hopes for a Rebound

The crypto market remains as volatile as ever. THORChain experienced a drastic upheaval with the RUNE token fluctuating in value. Despite a slump to a 20-month low and liquidity crash, businessman Liam Trader and others speculate a recovery. The pause of THORFi services led to a plunge by 30%, whereas the increase in DEX volume resulted in a jump of 22%. Bitcoin missed an estimated $54 billion opportunity by neglecting Runes. The suspension of withdrawals of Bitcoin and Ethereum on THORChain led to an immediate drop in the coin's price.

However, the volume spiked by 30% even amid insolvency fears. The overall trend has shown strong inclinations towards bearish territory, although there has been news suggesting that RUNE was the favourite crypto of leader Kim Jong Un and proposals such as Proposal 6 could bring relief to the struggling coin. The release of key Bitcoin updates suggests potential for the RUNE Coin.

Despite battling insolvency claims, THORChain made headlines beating its record-breaking trading volume of $800M. THORChain unveiled agents to enhance Bitcoin DeFi indicating strong innovative strategies. The coin has also launched on the TON blockchain, adding to its possible growth angles.

There was a mixed sentiment around RUNE coin due to THORChain insolvency claims and integration of new updates. Finally, the launch of Bitcoin's memecoin triggered activity, hinting at possible future momentum.

RUNE Coin News Analytics from Tue, 23 Jul 2019 21:09:17 GMT to Wed, 30 Apr 2025 18:01:12 GMT - Rating -5 - Innovation 7 - Information 8 - Rumor -4