THORChain

When/if Bitcoin ($BTC) makes its next upside move, some of the more fundamentally sound altcoins have the potential to outperform. Binance Coin ($BNB), Fantom ($FTM) and THORChain ($RUNE) are among them. Is now a good time to buy? Bullish price action for $BNB Source: TradingView The $BNB price action is looking quite bullish thus far. A series of higher highs and higher lows has taken the price from $472 to the current $572. The price has just bounced from the…

Both the INJ/USD and RUNE/USD pairs have broken out in favour of these altcoins over the last week. Can they both break the downtrend, or could the BTC/USD pairing break down and turn these altcoin price movements into a fake-out? Some of the outperforming altcoins have broken their respective descending trend lines over the last week. Injective Protocol ($INJ) and Thorchain ($RUNE) are among the stronger altcoins from the pack. Can they go higher, or is Bitcoin about to signal…

THORChain, a cross-chain decentralized exchange using Cosmos technology, successfully conducted a hard fork yesterday, September 4. However, while the update was highly anticipated, sellers still needed to press on, looking at the formation in the daily chart. RUNE Slumps, Drops 70% In 6 Months According to CoinMarketCap data, RUNE, the native currency of the THORChain ecosystem, remains under pressure, losing 12% at press time. The drop over the last 24 hours means the token is down nearly 70% from March…

With the crypto market wilting under the weight of the present fearful times, three of the higher end altcoins are at, or near, major support levels once again - is this the time to buy? Buy when the market is fearful? Even Bitcoin holders are likely to be very fearful in these times of economic uncertainty. Therefore, going further up the risk curve into the altcoins, those putting long trades or investments on now, are made of sterner stuff. However,…

RUNE, the native token of the cross-chain decentralized exchange, THORChain, is under pressure. From the daily chart, the token is down nearly 60% from May highs and remains flat even as the broader crypto market recovers. Even as RUNE flatlines, there is confidence that prices may rally in the coming days primarily because of fundamental factors and efforts made by the development team. THORChain Revenue Rising After Swap Fee Increment In a post on X, one analyst noted that THORChain…

Rising as a major competitor for a big breakthrough is THORChain (RUNE). Rune has showed strength, recovering by around 23% during the previous week following a recent fall to $3.10. At $4.22 right now, the coin is attracting both traders and analysts, with some even seeing a solid upward path. Market Statistics And Growing Hope With a market capitalization of $1.41 billion and a 24-hour trading volume of $207 million as of the most recent figures, THORChain represents a 0.06%…

As Bitcoin (BTC) heads back towards potential new all-time highs, the altcoins are following in its wake. Solana (SOL) and ThorChain (RUNE) are first among the altcoins to break their down trends. $SOL still the frontrunner of the layer 1s Source: TradingView $SOL is certainly the front runner among the top layer 1s for this crypto bull market. Outperforming both $BTC and $ETH, $SOL is one to keep an eye on as the rest of this crypto bull market unfolds.…

VeChain is driving blockchain advancement with a series of new innovations. Some of these innovations include VebetterDAO RWA push and Charge2Earn among others. Vechain (VET), a leading blockchain solution for real-world applications is expanding its reach with current ecosystem development. Accordingly, the blockchain has launched exciting innovations like VORJ, VebetterDAO, Charge2Earn, Thorchain, and Vetonsberg to revolutionize industries, the environment, and Real World Assets (RWAs). VORJ: An Innovative Web3 Service Product Described as an “innovative Web3 as a service product”, VORJ…

THORChain (RUNE) and Solana-based Jupiter (JUP) continue showcasing their DeFi sector dominance with their recent price surges and bullish trajectories. However, an upcoming ICO DTX Exchange (DTX) is taking credit for the most significant growth with its presale and trading strategies. Can newcomer DTX herald a new wave of potential in the DeFi sector that outshines RUNE and JUP? Let’s find out! THORChain (RUNE) Could End Q2 Trading Above $10 THORChain (RUNE) has endured several ups and downs in 2024…