$TCY $0.24⬆️ 1.4%
$RUNE $1.33 ⬆️ 1%
Ratio 9.07%
Trading volume $70,027 ⬇️ 7.09%
New claims just 4, total 75k $TCY, so trending lower still
Charted in Rune price, down trend remains firmly broken and remains below that important resistance of 0.19 RUNE
Market vol is low, so any buying will pump price here
Feels like we are close to the final blow off phase of this bull run over the next 6-12 months
$TCY order book
https://t.co/QyHkdRowKP
Bullish catalysts in play Q3
Treasury $5M @CALC_Finance❎ in audit
Auto-compounding @AutoRujira ✅ v3.8
$yRUNE and $yTCY @Nami_Index_ ✅ v3.9
@RujiraNetwork app layer - rolling out ✅
Base layer upgrade @THORChain❎
During a short time span this spring, @THORChain has:
⚡ Launched the $TCY token, which has performed beyond expectations.
⚡ Laid the foundations for two second block times, which will greatly increase swap efficiency.
⚡ Launched the two first apps on the App Layer and @RujiraNetwork (RUJI Trade and RUJI Pools).
⚡ Initiated the launch of @Ripple $XRP, which will probably start trading this weekend.
Some are complaining that things are going slow, and that everything is going to happen Soon™️. I think that's missing the point.
Remember that @THORChain went through an event this winter (the THORFi windup) that would have crippled or destroyed most projects, survived that event, and came out better and stronger on the other side. 🔥 This achievement has taken more hard work and resources than most of us will ever know, of that I'm totally sure.
With that in mind, I'd say the current pace is more than satisfactory. 💪 THORChain has all possible potential to become THE hub of crypto and DeFi, and I believe that's where we're going. 🚀
I wouldn't miss this for the world. 😎
@ThorTrades8@Thormax20 Yeah 100%, if it dips, dip it now and let us accumulate more, not to mention that $RUNE capital will now be able to be allocated onto 6+ different tokens & products that generate yield.
Regardless, fundamentals better than ever and $1.7 is a gift from Thor himself imo
It’s not about marketing to the existing community, it’s about growing the pie
Interfaces should stop speaking to the existing small Thorchain community to try and grow their fee accrual
And start speaking to the outside space
Thorchain should be on hyperliquid volume levels
@THORChainMaxi @THORChain LFG
Our team has already been working on $XRP wallet integrations
Excited to have one of the biggest cryptos added to THORChain and have our UI be ready on day 1