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The recent price movements of Bitcoin have not been favorable for several altcoins, impacting their own price actions. Bitcoin, being the top cryptocurrency by market capitalization, holds significant sway over many altcoins.
In the dynamic realm of cryptocurrencies, recent weeks have seen seismic shifts, with THORChain, Shiba Inu, and NuggetRush making significant waves. THORChain, an up-and-coming decentralized exchange, has soared in trading activity, positioning itself as a formidable player in the market.
Table Of Content Litecoin fails to gain traction in 2023 but looks to resurge starting next year. THORChain surges 211% in 2023, Rebel Satoshi looks to make waves with 150% growth claim throughout the presale As bulls continue dominating the crypto market in Q4 2023, some of the top altcoins like Litecoin (LTC) and THORChain (RUNE) have performed exemplarily.
THORChain (RUNE) price has continued defying gravity as demand for the coin and its ecosystem jumps. RUNE has risen in the past five straight weeks and is now moving to the highest level since May 2022.
Open Interest saw a decline in the past 48 hours, after RUNE faced rejection at $5.38. The fall in prices and OI reflected bearish sentiment in the market.
With Bitcoin crossing the $35K level, the altcoins are booming especially the DeFi sectors. The Top DeFi tokens are breaking multiple resistances to give double digit returns over the last week and teases an uptrend continuation. In the last 24 hours, the top DeFi token performers are DYDX, RUNE, and CAKE.
A popular crypto trader has a long-term bullish outlook on the blockchain scaling solution Polygon (MATIC) as well as two additional altcoins.
On the THORChain DEX, the ETH/RUNE and USDT/RUNE pairs had far less volume than the BTC/RUNE pair. The post Bitcoin calls, THORChain answers: What does RUNE do?
THORChain's trading volume surpassed PancakeSwap, securing the second spot at $334.3M.
THORChain trading volume surges as more users recognize its unique value proposition.
Erik Voorhees, a prominent Bitcoin advocate, highlighted THORChain's significance by noting that it processed almost 2%, equivalent to $224 million, of the overall spot Bitcoin trading volume between November 11 and 12.
RUNE, the native token of THORChain, the cross-chain decentralized exchange, has been making significant waves in the cryptocurrency market, demonstrating a remarkable 31.5% price increase in the last 24 hours. This surge is part of a larger trend that has seen RUNE surge by 115.0% over the past 14 days and an astonishing 212.
THORChain has become the second-largest decentralized exchange (DEX) while its native token, RUNE, registered a slight decline over the past day. According to data provided by DeFi Llama, THORChain's daily trading volume has reached $334.
THORChain $1.32 billion in trading volume over the last week only trails Uniswap and PancakeSwap among non-centralized exchanges.
RUNE, native token of the cross-chain decentralized exchange THORChain, is currently one of the best-performing cryptocurrencies in the market, boasting of a 31.5 % price increase in the last 24 hours. Based on data from Coingecko, this price gain only underlines the remarkable bullish form of RUNE in the past few weeks, as the token is up by 115.0% and 212.3% on the 14-day and 30-day charts, respectively.
Bitcoin (BTC), Solana (SOL) and THORChain (RUNE), took the limelight this week, each hitting new yearly peaks amid remarkable gains.
Over the recent days, THORChain's native cryptocurrency, RUNE, has shown robust performance, reaching its highest point in the last twelve months. According to the crypto price aggregator, RUNE is currently trading at $4.65, marking its highest level in over a year.
THORChain (RUNE) has shown robust performance in the last few days on its way to reaching its highest level of the previous 12 months.
Ethereum (ETH) price rose sharply on Thursday as the market reacted to news that asset management behemoth BlackRock has its eyes on an Ethereum ETF. The prices of Ethereum Classic (ETC), THORChain (RUNE) and RocketPool (RPL) also climbed to multi-month highs.
Bullish momentum has prevailed in the THORChain (RUNE), Pepe (PEPE), and Solana (SOL) during the previous 24 hours. These three cryptocurrencies have seen substantial price rises, with RUNE and SOL attaining annual highs and PEPE bulls able to push the price to an 8-week high.
A new cycle means capital will rotate from one asset class to the other. This time, these top performing cryptos will blow the others away.
In the fast-paced world of cryptocurrencies, ThorChain's native token, RUNE, is making headlines with a remarkable surge in its price. Over the course of a single day, the price of RUNE soared by 17%, reaching an impressive $3.4.
Can Gurel, a cryptocurrency researcher from the prominent blockchain analytics firm Delphi Digital, has pointed out key operational factors contributing to RUNE's impressive run in a bearish market. Impressive Run for Thorchain (RUNE) Fueled by Fundamentals On November 4, 2023, Thorchain (RUNE) achieved a remarkable milestone by surging to $3.46, a level not seen since May 2022.
Can Gurel, cryptocurrency researcher of the leading blockchain analytics firm Delphi Digital, indicates some fundamentals of Thorchain (RUNE) operations that might be behind its triple-digit run on the bearish market.
