Don't want to sound too pessimistic but I've noticed that it's very hard to shake off the FUD stains in crypto. Even after the system is fixed. Then again, maybe this isn't the best beek to make assumptions cos everything else is down as well
I quickly asked an AI to summarize the situation and got this:
The recent plummet in the price of THORChain’s RUNE token is primarily driven by speculation about the platform’s financial instability, as rumors of insolvency have spread widely. Additionally, THORChain has paused its services for 90 days to address technical issues, further eroding investor confidence. Market dynamics, including bearish sentiment and a negative funding rate, have also contributed to the decline. These factors have created significant selling pressure, leading to sharp price drops.
What is khaleelkazi oppinion?
I still have hope and faith in better days to come!
Don't want to sound too pessimistic but I've noticed that it's very hard to shake off the FUD stains in crypto. Even after the system is fixed. Then again, maybe this isn't the best beek to make assumptions cos everything else is down as well
Yeah I know, but gonna ride this one out no matter what happens :)
Let's hope it finds a bottom and surges again 👌
ruined my portfolio so far
Oh, damn... still holding?
sure they is still hope for rune, that's what you will see once a coin is trying to get it potential in the crypto market.
just buy the dip! 💪🏽😎👍🏽
Have you read about what's going on with Thorchain?
Sounds like i missed something there 🧐 how bad is it?
I quickly asked an AI to summarize the situation and got this:
Please, tell me it is halluzinating!
There you have it! Unfortunately, I don't think it's hallucinating but fingers crossed they get things sorted out 🤞