The server, Guy of the Coin Bureau, which provides cryptocurrency analytics, shares price analysis on altcoin RUNE, the native token of decentralized exchange protocol THORchain. The analyst known as Guy tells his 1.51 million YouTube subscribers in a new video that “the sky is the limit” for RUNE as the crypto bull run continues.
Ambitious prediction from analyst for popular altcoin RUNE
Guy said, “As time goes on, cryptocurrency is starting to look like just another branch of the current financial system. KYC wherever you go [müşterinizi tanıma] You need to provide information. Almost all the services you use include an intermediary, and everything you do is monitored. This trend towards surveillance and centralization is alarming, to say the least, but fortunately, there are some cryptocurrencies working to keep this industry free,” he said, referring to THORChain’s features.
According to the analyst, THORchain is arguably at the top of this list. “And now that it’s back online, it’s time to remind all of you how important this crypto project is,” he says. cryptocoin.com As we reported, in June THORchain was hacked several times for around $13 million. According to Guy, the developers took several steps in August and September to “solidify” the protocol. Now he sees that RUNE’s price action reflects the positive sentiment.
Analyst: RUNE should easily reach the new ATH! Here are 3 reasons…
“RUNE is picking up pretty well and is rapidly approaching its previous all-time high,” according to the analyst. The cryptocurrency analyst then gives the price forecast for RUNE. “As for how high we can go, I will reiterate that I really think the sky is the limit for RUNE because of the insane value the THORchain protocol provides. In my opinion, given a realistic forecast for the remainder of this bull run, the altcoin will rise 3 to 4x from here.”
On the other hand, he pointed out that strong demand for decentralized finance (DeFi) from Chinese crypto traders could push RUNE much higher. According to the data, RUNE is currently changing hands at $14.94 with an increase of 14.3%. The cryptocurrency sits some 28.6% below its all-time high of $20.87, which it saw on May 19, 2021.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. Therefore, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.