Thorchain $RUNE ie still facing challenges after it has passed the proposal for new token $TCY. The selling pressure is still there as people seems to be afraid buying it.
Rune was considered to be the best coin since it started its journey in 2021 , even it survived two hacks of millions of dollars.
However it is now trumbling after it has a debt of $200 million while it has a marketcap of $400 million.
Even the new proposal passed but it still not sure how that will play out. We have to wait and see how the outcome plays.