Have a nice day! 😉
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.
Have a nice day! 😉
Just one comment about sentiment right now. $BTC halvening is getting closer (April 2024). The last time it was in May 2020 - and just before that (March 2020) $BTC dumped from 10k to 3k, other assets were no exception. The reason was Covid fear.
Many, many people are waiting for this dump again. And if it'll come they'll want a bigger one. But market doesn't work that way. At one point we'll just leave those people behind us ... History doesn't always repeat.
We'll see what future brings us. But avoid too confident people - bulls or bears.
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. 🚀
THORChain price UK history shows the highest value of 14.31 GBP . We recorded this price on May 19, 2021, but we cannot exclude that a higher price was registered before August 19, 2020.