RUNE Coin, the native cryptocurrency of the THORChain protocol, has been making significant waves in the market. Following a major slump to a 20-month low amidst a 60% liquidity crash and suspension of withdrawals, the coin bounced back with a hefty 56% hike. Factors fueling the comeback included a defiance of the insolvency FUD and a record-breaking $800M trading volume. Despite numerous setbacks, including a 30% dip following the suspension of Bitcoin and Ether-based services and hacking news,
RUNE managed to recover. This resilience is largely attributed to THORChain's strategic handling of a significant debt crisis through Equity Tokens. Additionally, an impending launch of Asset Runes by Starknet to bring other tokens to Bitcoin missed a $54 billion opportunity. Dog, a Bitcoin MEME coin on Solana, is another potential influence on
RUNE's behavior. Furthermore, claims of misconduct by the
RUNE Coin leading to insolvency and a 26% slump in price have been circulating. Predictions for
RUNE's future performance vary, with some anticipating a potential hike to 100 within the next 30 days, while others predict a potential collapse, leaving the coin oversold, but a possible recovery apparent. The introduction of 'agents' to enhance Bitcoin Defi with native AMM capabilities may also influence
RUNE's trajectory. A new Bitcoin meme launchpad and subsequent surge of Bitcoin runes could likewise contribute to
RUNE's behavior in the market. As
RUNE faces ongoing market uncertainty and possible bankruptcy, potential impacts from new integrations and recovery strategies remain to be seen.
RUNE Coin News Analytics from Tue, 23 Jul 2019 21:09:17 GMT to Wed, 28 May 2025 07:05:46 GMT -
Rating -2
- Innovation 6
- Information 8
- Rumor 0
