THORChain (RUNE) has seen a significant increase in its price, rising by 10% and attracting more buyers and traders. This surge in price can be attributed to the recent rise in Bitcoin, which has led to THORChain’s highest-ever monthly trading volume of 2.4 billion. In the third quarter of 2023, THORChain stood out as the top performer, with a 113% increase in volume. Its daily trading volume has also reached $303 million, showing a 143% increase.
The current trading price of RUNE is $2.19, with a 13% increase over the past 24 hours. However, there is a possibility of a correction at this stage that could trigger a downtrend. Despite this, the token is showing signs of an upward trajectory and may surpass the $2.26 level.
RUNE benefits from the support of both the 50-day and 200-day moving averages, which enhances its upward price momentum. The Relative Strength Index (RSI) has also rebounded, indicating an increase in buying pressure. The overall trend for RUNE remains bullish, with potential targets at $3.01 and $3.12.
Investors are currently earning high Annual Percentage Yields (APY) from staking their assets in Meme Kombat. This has made Meme Kombat a preferable option compared to RUNE. The presale for Meme Kombat is nearing its $1 million target, with only $300,000 remaining to reach this milestone.
Meme Kombat is a gaming platform that offers rewards for active betting and passive staking users. The platform will launch its inaugural battle season soon, featuring showdowns between popular crypto memes like DOGE and SHIB. Staking in Meme Kombat offers an impressive APY of 112%.
To participate in the Meme Kombat Tokens’ presale, you can visit their website and buy $MK tokens using ETH, BNB, or USDT.
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