Guess who's back online? Thorchain !
Hello HODLers,
Thorchain is up +18% during the ast 24 hours. I believe this is the most loved coin in the Leofinance community as there are a lot of users who invested early or pooled assets on Chaosnet.
$RUNE Price Chart
After its launch in April Chaosnet ran into issues after having 2 major hacking incidents which halted the $RUNE Bullrun and the constant increase in the TVL.
This pushed the price of $RUNE to 4-5$. But after a lot of work and development, Thorchain is back !
As a reminder, Thorchain is built on Cosmos SDK.
As Erik Vorhees, founder of crypto exchange ShapeShift said:
“[Thorchain] remains one of the most important projects in crypto/defi,” , wrote in a recent tweet.
Devs have not been iddle
What is make relay?
It will serve as a broadcasting service for validator nodes. The feature will be used to signal support, alert the network of attacks, and explain the reason behind a pause.
Thorchain is on a big move exactly when Leo Mobile is being released... Coincidence? I don't think so :D!*
What's next !?
Can it go back to $10+ ? $15+?
Latest Analysis
Posted Using LeoFinance Beta
50+
So pessimistic... ;)
Posted Using LeoFinance Beta
Is it really hard to think it could reach?
Nope but still this is a nice target hehe :D
Posted Using LeoFinance Beta
I have a small bag of RUNE that I am simply holding long-term. I don't even watch the price. I will however one day! ;)
Posted Using LeoFinance Beta
Well if it reaches $50 as @chronocrypto hints, then I guess you might look at your "small position" :D
Posted Using LeoFinance Beta
Indeed, we wait... :)
Posted Using LeoFinance Beta
if it was on LeoDEX I would buy some.
This is truly a Leofinance gem.
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Indeed, until the hack this was a top performer.
Eyes and investors are coming back which feels great !
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This looks like an interesting project ... unfortunately I didn't understand it and I'm not in it.