THORChain Token Price Surges: Will RUNE Rally by 300%? Here’s Why This Analyst Thinks So

THORChain’s native token, RUNE, has been on an upward trajectory lately.  According to data from CoinMarketCap, the RUNE token is trading at $7.70, with a 24-hour trading volume of $1,195,463,069. Significantly, RUNE has surged by 27.48% in the last 24 hours.

Bullish Expectations and Technical Breakouts

The bullish sentiment surrounding RUNE is palpable across social media platforms. World Of Charts, a top crypto analyst, expressed optimism about RUNE’s potential, stating, “$Rune #Rune Finally Breaking Out Still Im Bullish On Rune And Still Expecting 2-3x Bullish Wave In Coming Days.”

Furthermore, in a previous tweet, World Of Charts highlighted a crucial technical development, “Rune #Rune Approaching Towards Multi Year Trendline & Expecting Breakout Too Successful Breakout Can Lead Massive Bullish Wave Expecting 200-300% Bullish Rally Incase Of Successful Breakout.”

Renewed Enthusiasm and Record-Breaking Performance

Henry Gray, a crypto analyst, echoed the renewed enthusiasm surrounding RUNE. In a tweet, he exclaimed, “$RUNE is on fire once more and showing no signs of slowing down! Are we eyeing $10 today? With an incredible pump in just one day, $RUNE has shattered previous records, reflecting the immense value the community sees in the project. @THORChain, we’re still cheering you on!”

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Previously, Gray had hinted at the possibility of a new all-time high for RUNE, stating, “What’s happening? $Rune is back in action. Are we gearing up for an ATH breakthrough soon? Feeling super bullish about $RUNE once again!”

As the crypto community eagerly anticipates RUNE’s next move, it is clear that the surge has reignited interest and renewed optimism in THORChain’s future prospects.

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Samuel Munene
Samuel Munene

Samuel is a vesatile and seasoned content editor with a sharp eye for detail and a passion for writing. Web3 techonology is the future! With massive experience in the publishing industry, I specialize in refining and enhancing written material to ensure clarity, coherence, and engaging narratives.