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THORCHAIN Token Report – 8th Mar’24

THORCHAIN Token

THORChain (RUNE) is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks without losing full custody of their assets in the process.

THORChain is ranked #49 with a market capitalization of nearly $2.6 billion. The current market price of the token is 7.02 USDT

The RUNE/USDT price had surged by over 34% during this week. The chart has broken above its flat consolidation level on the daily timeframe with significant volume support. The next resistance is expected at 8.93 USDT and the next support is expected at 7.02 USDT.

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