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RUNE Approaching It's All-Time Highs

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asteroids
@asteroids
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I always see some action on LeoFinance regarding the RUNE cryptocurrency. While I don't follow the fundamentals too closely, I do think this is a very interesting currency for trading and traders.

Why do I say that?

Thorchain (RUNE) is establishing a multi-chain liquidity protocol. This protocol will allow users, traders and liquidity providers to participate in cross-chain liquidity pools.

Want to pool your BTC (NATIVE BTC)??

RUNE has you covered.

Want to pool your native ETH?

RUNE has you covered.

These projects are still under development, but the testing environments for RUNE are extremely promising. BEP swap recently inched its way toward being a top 10 DEX and major crypto investors like Erik Vorhees are closely following the project.

As for trading, RUNE has some wild swings. It does a good job tracking the general DeFi market but also backs it up with some good fundamentals and a hardcore community that seems to shill it - with proper evidence to back their shilling - at every turn (a sign of a healthy project in my opinion).

As we approach the ATHs for RUNE (in USD terms), I'm going to watch this for a good two-sided trade opportunity. Coming back down to $0.75 would be a signal for buy #1.

Posted Using LeoFinance Beta