Rune is struggling to keep up ๐Ÿ’ช

(Edited)

Despite market reaching the level of $79K, #Rune is the only coin which is struggling and try to breakout from its position and explore high prices. While other altcoins are sleeping and struggling.

I still dont believe how RUNE owner is being bankrupt, this is a nice project and had a good future ahead. But what happened with $RUNE is very sad.

We see a huge crash in the price of rune taking it down to $1 or even below it. Rune recently reached the price of $10K which only took 6 months, a very short period.

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I have a good news for the RUNE holders and all those who wants to get invested in this coin. Thorchain node operators approved a plan to convert $200M in debt into equity tokens. This strategy will help aims to address financial challenges and controls the price of RUNE.

That is why Rune is the only coin which is struggling to keep up and give a good breakout towards upside. If I talk about technical analysis, Rune is at oversold position according to longest time frames.

Which can bring investors into it and for the long term the price is supposed to go upside. If you are still finding for any coin to invest I will recommend to invest 20% of your amount in RUNE and hold until the price reaches $5.

What do you people think about RUNE coin, is it still worth to invest? Will be glad to see your answers in the comment section.

NOT A FINANCIAL ADVICE

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2 comments
(Edited)

Hey there! Great analysis on #Rune! It's indeed a rollercoaster ride, but that debt-to-equity move sounds promising. Your 20% investment tip is intriguingโ€”might just give it a shot! What do you think about the long-term potential? Looking forward to more insights in the comments! ๐Ÿš€ (But remember, not financial advice, right? ๐Ÿ˜‰) Thanks for sharing! ๐Ÿ™Œ

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(Edited)

Wow, Thorchain's debt-to-equity conversion plan seems huge for rune investors - lets see how it pans out in days to come, the potential for a price rebound seems high.

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