THORChain Releases Key Bitcoin Update: Time for RUNE Crypto to Shine?
THORChain Bitcoin update cuts confirmations from 3 to 2, and may boost RUNE crypto. Will it spark a recovery after the January 2025 crash? When RUNE, the token that powers THORChain, began surging in early November, no one expected the rally to stall in mid-December. Later, the collapse in January 2025 came as a sucker.. The post THORChain Releases Key Bitcoin Update: Time for RUNE Crypto to Shine? appeared first on 99Bitcoins.
THORChain Bitcoin update cuts confirmations from 3 to 2, and may boost RUNE crypto. Will it spark a recovery after the January 2025 crash?
When RUNE, the token that powers THORChain, began surging in early November, no one expected the rally to stall in mid-December. Later, the collapse in January 2025 came as a sucker punch. The sell-off was brutal, a dent to RUNE holders and THORChain.
DISCOVER: 20+ Next Crypto to Explode in 2025
The RUNEUSDT Crash
From November to December, RUNE rose nearly 60%.
However, after peaking at around $7.465 in December, prices crashed below $4.275 and slid further to below $1 by early February.
(RUNEUSDT)
The result? An 85% drop from December highs and RUNE holders in panic.
Many worried that a LUNA-style collapse was inevitable.
It hasn’t been the same for THORChain since.
Although the team intervened by announcing the TCY airdrop, RUNEUSDT prices remain stagnant, moving sideways.
Claiming @THORChain's $TCY will be smoother than butter
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