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.
🤟 Rebalancing Info 01.12.2023 🤟
Strategy Performance November: +13% 📈
Winner November: $AVAX + 84% 🚀
Loser November: $BCH -7% ↘️
Every month I rebalance the strategy back to 4% each of the Top25 crypto coins without Stablecoins or wrapped Token.
There has been 2 changes in the Top25:
23x Rebalanced
2x New: $CRO $RUNE
Everything is rebalanced back to 4% each.
🤟 www.crypto-index-25.de 🤟
It has been a good week for crypto. $RUNE and $INJ made some nice profits.
Hope you are ready for Merry December 💲💲💲
And another gift for you: N9LWF2HYA9SX (cash in you gift card asap!)
Very glad to see $RUNE and $INJ performing so strong. They keep proving they are the best of best of alts in this bull market. $SOL seems ready to pop as well and keeps showing relative strength.
$ETH and its faster sister $LDO are somewhat lagging $BTC and the strongest alts, but we assume that when the $BTC ETF approval mania hits his high, the news will be sold and the smart money will move to $ETH , the next ETF-approval candidate.
Traditionally year end is good for $BTC and the first months of the new year are strong for $ETH . If history rhymes, we will be ready to profit.
🚀🚀
5/5
While all eyes are on Bitcoin, $INJ and $RUNE started to take off🚀 What is especially impressive is the performance of $RUNE as the rally is mostly driven by its fundamentals. As you can see below, the price continues to follow non-RUNE TVL (total value locked) on their platform👀
😂