The THORChain crypto protocol allows users to exchange assets across blockchain networks using decentrilized liquidity. It supports an ecosystem of services and products which use the THOR crypto network's cross-chain infrastructure. Cross-chain swaps are made possible through platforms like THORSwap, the first multichain DEX that uses THORChain's network as a front-end interface. Users can select the two assets they want to swap using THORSwap, and the protocol automatically determines the costs depending on network activity.
Powering the THORChain network is the THORChain coin RUNE. Each asset in the platform's liquidity pools has a matching token called RUNE that goes along with it. In this way, RUNE contributes to the network's utility and value by acting as the second token that users deposit in the liquidity pool to conduct transactions against. Additionally, RUNE is employed to protect the THORChain network, collect fees, and serve as a foundation for governance.
Here you can read and comment on all posts made by Strategists about THORChain RUNE. See all THORChain price predictions in real time and make the best use of their crypto knowledge.
Since new year $BTC did around 60%, while our fund managed to do 54%. But what you have to know is that at the beginning of the year, $BTC dominance was at 39%, while now sits at 50%. Meaning we managed to do well even when alts were bleeding. Special thanks to $RUNE and $LINK 🔥
$BTC dominance will drop eventually and we can expect alt run then. Till then we have to preserve our capital. 🚀
The #crypto market is the most boring when we are at the bottom. And last few weeks it was boring as hell. True projects are building anyway, but people don't recognise that as bullish. The thing is that there won't be any clear trigger that will make things bullish. That's why it's important to invest during boring times.
Investing 100$ $RUNE right now is like investing 1000$ at the peak. The same goes with $LINK, $ROSE, $HBAR, $INJ and many other actually. The point is to accumulate now and start selling when others start buying and FOMO.
During this dull times, we managed to make 20% profits in the last 3 months. We are nr. 2 performer in the last 3 months and nr. 8 performer in the last month 🔥
The thing is that good projects will do well in the future. It's important to recognise them, when they are undervalued.
Have a nice day!
The #crypto market is the most boring when we are at the bottom. And last few weeks it was boring as hell. True projects are building anyway, but people don't recognise that as bullish. The thing is that there won't be any clear trigger that will make things bullish. That's why it's important to invest during boring times.
Investing 100$ in $RUNE right now is like investing 1000$ at the peak. The same goes with $LINK, $ROSE, $HBAR, $INJ and many other actually. The point is to accumulate now and start selling when others start buying and FOMO.
During this dull times, we managed to make 20% profits in the last 3 months. We are nr. 1 performer in the last 3 months and nr. 4 performer in the last month. 🔥
The thing is that good projects will do well in the future. It's important to recognise them, when they are undervalued.
Have a nice day!
3/4
Yesterday, we decided to lower $INJ and $RUNE in order to increase our $LINK holdings. The decision was made after all the bullish Sibos news. It is now clear that Chainlink is positioned extremely well to capitalize on the tokenization trend👀
Furthermore, it will likely be part of the overall on-chain finance soon to be implemented by the biggest banks. With the launch of the CCIP, many bridges and existing cross-chain products get obsolete, which is why we believe that Chainlink is a sleeping giant about to wake up🚀
Buying it down almost 90% from its all-time high seems like a steal😅
