THORChain ($RUNE) Crypto Forecast: Up 5.2% Today

What is THORChain?

RUNE is the native cryptocurrency token of THORChain, a decentralized finance (DeFi) project that facilitates cross-chain liquidity pools.

Why is THORChain going up?

RUNE crypto is up 5.2% on Mar 11, 2025 16:02

• The bullish movement in RUNE could be attributed to positive sentiment in the DeFi space, with investors showing confidence in projects like THORChain.
• The speculation surrounding THORChain's involvement in illicit activities may have initially caused some uncertainty in the market, but the strong bullish movement suggests that investors are focusing more on the project's potential and technological advancements rather than the negative news.
• Despite the criticisms and money laundering allegations, RUNE's bullish movement indicates that investors are optimistic about the project's ability to navigate regulatory challenges and continue innovating in the DeFi sector.

RUNE Price Chart

RUNE Technical Analysis

RUNE News

THORChain at crossroads: Decentralization clashes with illicit activity

THORChain has been called a money laundering protocol - a label no decentralized finance ( DeFi ) project wants unless it's prepared to have regulators breathing down its neck.Its supporters have fended off the criticism by championing decentralization, while its critics point to recent ...

https://cointelegraph.com/news/thorchain-crossroads-decentralized-collides-illicit-activity

Lazarus Finishes Laundering Stolen Bybit Funds Using THORChain

Lazarus Finishes Laundering Stolen Bybit Funds Using THORChain

https://beincrypto.com/lazarus-laundered-bybit-hack-funds-via-thorchain/

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THORChain Price History

11.02.2025 - RUNE Crypto was up 5.2%

• The bullish movement in RUNE could be attributed to positive sentiment in the DeFi space, with investors showing confidence in projects like THORChain.
• The speculation surrounding THORChain's involvement in illicit activities may have initially caused some uncertainty in the market, but the strong bullish movement suggests that investors are focusing more on the project's potential and technological advancements rather than the negative news.
• Despite the criticisms and money laundering allegations, RUNE's bullish movement indicates that investors are optimistic about the project's ability to navigate regulatory challenges and continue innovating in the DeFi sector.

28.01.2025 - RUNE Crypto was down 15.5%

• The bearish movement in RUNE today could be attributed to the negative sentiment surrounding the THORChain network due to illicit activities exploiting the protocol.
• Recent developments within THORChain, such as a developer leaving and a validator contemplating the same action, have raised concerns among investors, potentially prompting a sell-off.
• The broader cryptocurrency market may have been influenced by money laundering activities associated with a recent hack, contributing to the overall downward trend in the market, including the depreciation of RUNE.

28.01.2025 - RUNE Crypto was down 9.6%

• The bearish movement in RUNE today can be attributed to negative sentiment surrounding recent security breaches and concerns about potential illicit activities in the cryptocurrency space.
• The exit of a THORChain developer and the threat of a validator leaving due to transactions linked to a specific country further increased uncertainty and eroded trust in the project, impacting associated tokens like RUNE.
• Ongoing laundering of hacked funds, particularly in Ethereum, by a known hacker may have heightened concerns about security vulnerabilities in the cryptocurrency ecosystem, contributing to downward pressure on assets such as RUNE.
• The cumulative impact of security breaches, illicit transactions, and money laundering in the cryptocurrency space likely amplified investor anxieties, leading to the bearish movement in RUNE.

04.01.2025 - RUNE Crypto was up 10.9%

• Converting $200M debt into equity tokens by THORChain has boosted investor confidence, resulting in a significant uptrend in the price of RUNE.
• Addressing liquidity issues through debt-to-equity token conversion has positively influenced the perception of THORChain and its native token.
• Despite broader bearish market sentiments, the favorable developments concerning THORChain have propelled RUNE to buck the trend and register substantial price gains.
• THORChain's proactive approach to financial hurdles has been well-received by the market, contributing to the positive price momentum of the token.

05.02.2025 - RUNE Crypto was down 5.2%

• The bearish movement in RUNE could be attributed to the controversy surrounding the laundering of stolen Bybit funds using THORChain by the Lazarus group.
• The news of North Korean transactions debacle and a potential 70% decline in THORChain might have spooked investors, leading to a sell-off in the token.
• The exit of a THORChain developer and the threat of a validator to follow suit due to the failed bid to halt North Korean transactions could have added to the negative sentiment surrounding the project.
• The ongoing laundering of hacked funds, including a substantial amount of Ethereum, by the Bybit hacker might have raised concerns about security and compliance within the cryptocurrency space, impacting RUNE's price negatively.

05.02.2025 - RUNE Crypto was up 5.2%

• Despite recent controversies, including money laundering concerns and North Korean transactions, the asset displayed a strong bullish movement today.
• This upward trend might be due to investors viewing the recent price drop as a buying opportunity and making purchases at reduced prices.
• Positive developments within the THORChain ecosystem that were not widely publicized could have also influenced the market's behavior.
• Traders should stay updated on developments related to THORChain to make well-informed decisions in the current unpredictable market environment.

26.01.2025 - RUNE Crypto was up 15.5%

• RUNE's positive movement today could be linked to the optimistic overall sentiment in the cryptocurrency market, as investors exhibit confidence and increase their positions in various digital assets.
• The recent events involving the laundering of stolen Ethereum by the Bybit hacker may have indirectly influenced the crypto market, prompting investors to explore alternative tokens like RUNE that are perceived as relatively more secure and less vulnerable to cyber threats.
• Amidst the search for secure investment opportunities in the cryptocurrency realm, the distinctive features of RUNE and its robust community backing could have attracted more buyers, aiding its upward trend today.

10.01.2025 - RUNE Crypto was up 14.6%

• RUNE experienced a strong bullish movement today, potentially driven by THORChain's approval to convert $200M debt into equity tokens, which could improve the project's financial health and stability.
• The decision to convert debt into equity tokens amid liquidity challenges might have instilled confidence in investors, leading to increased buying pressure on RUNE.
• Despite the overall market downturn and altcoins experiencing losses, RUNE managed to attract positive attention from traders and investors and defy the trend.

09.01.2025 - RUNE Crypto was up 5.1%

• RUNE exhibited a strong bullish movement today in contrast to the general bearish sentiment in the cryptocurrency market.
• The conversion of $200M debt into equity tokens by THORChain has likely boosted investor confidence, contributing to the positive price trend of RUNE.
• The market response indicates that investors perceive the debt conversion as a strategic maneuver to tackle liquidity issues and enhance THORChain's financial position.
• Despite the widespread downturn in the crypto market and significant losses in altcoins, the favorable updates on THORChain's debt restructuring seem to have outshined the negative market mood, propelling the bullish trend in RUNE.

11.01.2025 - RUNE Crypto was up 11.2%

• RUNE's bullish movement today could be attributed to THORChain's decision to convert $200M debt into equity tokens, which might have boosted investor confidence in the project's long-term sustainability.
• The overall positive sentiment towards altcoins in the market, as indicated by the buzz around altcoins to watch, could have also contributed to the bullish movement of RUNE.
• The post-election crypto slump affecting Binance Coins may have driven investors towards RUNE as a more stable and promising investment option, leading to its strong bullish performance.
• THORChain's proactive approach in addressing liquidity challenges by converting debt into equity tokens could have reassured investors and attracted more interest in the project, resulting in the bullish market movement of RUNE.

10.01.2025 - RUNE Crypto was up 5.6%

• RUNE saw a notable increase in value today despite an overall negative sentiment prevailing in the cryptocurrency market.
• The decision to approve and convert $200 million in debt into equity tokens by THORChain likely bolstered investor confidence and drove up demand for the token.
• THORChain's proactive actions to address liquidity issues by converting debt to equity may have been well-received by the market, indicating a dedication to long-term viability.
• Amid widespread losses in the cryptocurrency market, the RUNE token's value benefited from THORChain's recent strategic moves.

02.02.2025 - RUNE Crypto was up 5.4%

• Despite recent events involving THORChain and a crypto platform, RUNE witnessed a significant uptrend.
• Investors appear to be optimistic about THORChain's technology and the project's ability to withstand challenges.
• The token's rise may be influenced by market speculation or technical aspects rather than the negative publicity.
• Traders should stay informed about industry developments and weigh both positive and negative aspects before making decisions.