THORChain Hard Forks: Why Is RUNE Down 70% And Still Dumping?

Quick Summary:

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.

Related Reading: XRP Rides High As Major Japanese Exchange Adds Support—Details At press time, the path of least resistance remains southwards.

DeFi Slumps, THORChain Hard Fork For System Efficiency Overall, DeFi is flat, slumping after the expansion of early Q1 2024.

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Article Details

Author / Journalist: Dalmas Ngetich

Category: Crypto

Markets: United KingdomJapanKenya

Topics: Thorchain price Bitcoin Ethereum RUNEUSDT RUNE DeFi Cryptocurrency Market News Thorchain

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-06 @ 04:30:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 385 words

Reading Time: 3 minutes read

Sentences: 78 lines

Sentence Length: 5 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 22387199

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About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

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