$RUNE / USDT Short Trade 🚦 Signal

Latest news on the RUNE token market🐂

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*Current Market Data:*

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- *Current Price:* $1.22 (with a 3.27% increase over the last 24 hours)

- *Market Cap:* $429.73 million (3.27% increase)

- *24-hour Trading Volume:* $78.15 million (6.86% increase)

- *Circulating Supply:* 351.6 million RUNE

*Recent Developments:*

- *THORChain's DEX Performance:* THORChain has become the second-largest decentralized exchange (DEX) in daily trading volume, reaching $334.3 million and surpassing PancakeSwap.

- *Network Update:* THORChain temporarily paused its network due to significant debt and leverage problems, with approximately $200 million in ecosystem debt.

- *Token Burn Proposal:* Developers proposed burning around $300 million worth of RUNE tokens to boost lending activity ¹ ².

*Price Performance:*

- *All-Time High:* $21.26 (May 19, 2021)

- *All-Time Low:* $0.007939 (September 27, 2019)

- *Yearly Performance:* RUNE has shown robust performance, reaching its highest level in the previous 12 months ² ¹.