$1.71
1H
0.01%$0.0002
24H
0.71%$0.0121
7D
-11.2%$0.2159
30D
19.7%$0.2815
THORChain describes itself as a decentralized liquidity network that allows users to swap assets instantly at manipulation-resistant market prices. Swaps are done through permissionless cross-chain liquidity pools that allow users to stake their assets to earn trading fees. Traders can monitor pool prices and earn by arbitraging back to fair market prices. Projects can reportedly stake their treasuries to give their tokens deep liquidity.
Everlodge (ELDG) is a project that gained the most attention with its presale and can surge in value to $0.035.
Speculations are rife in the market as THORChain (RUNE) is projected to hit $2 soon, while Watchvestor (WVTR) and Toncoin (TON) are attracting many investors.
Top crypto experts single out VC Spectra (SPCT) and THORChain (RUNE) as two of the most viable investments in August 2023.
The THORChain protocol is enjoying a RUNE token spike after officially its mainnet launch, following a four-year wait.
However, this being the digital age, tokens like THORChain (RUNE), PancakeSwap (CAKE), and Calyx Token (CLX) are being created to make investing in new projects more accessible, safer, and more profitable.