Hey All,
#RUNE continues to surge and I guess this is just getting started here on #Thorchain. Did you guys notice this recent news around #thorchain where #MetaMask added @THORChain support through a @ShapeShift "snap" add-on. A bit on what is #Shapeshift - it is a decentralized crypto exchange application that recently announced a ‘multichain snap‘ feature that helps users store and trade non-EVM assets like Bitcoin ( #BTC, #Cardano, #Solana, #Aptos, #XRP and others) without the need for bridges. As matter of fact #HIVE is also an non-EVM crypto asset as it doesn't rely on the Ethereum Virtual Machine (EVM).
What it has got to do with the crypto users and its community? The straight forwards and simple answer it is that it allows users to engage in self-custody swaps. In return this news had a positive impact on #RUNE's price as it jumped more than 10% over the past 24 hours and is currently trading around $1.89. It was up by roughly 25% from its current weekly low. With all this we can definitely sense or see $2 is coming for #RUNE in another week or so from here.
With this recent jump #RUNE now ranks #66 amongst the top cryptocurrency coins with a marketcap of $568+ Million dollar. Metamask is a well-known digital wallet used by over 30+ million people worldwide for cryptocurrencies. And I am sure almost all the crypto community knows what Metamask is capable off. Now, it's teaming up with #Thorchain is definitely a BIG DEAL. This partnership or the integration/support added for #thorchain means that #Metamask users have a new way to trade cryptocurrencies securely using their own wallets. Its a big treat for all of us here in the #crypto space who prefer self-custody of funds as opposed to having them on the centralized exchanges aka as CEXs.
The process of adding the Snap to your MetaMask is very simple all you need is to visit ShapeShift and connect with MetaMask to start using all the 11 chains that are supported as of now. I did follow the steps and was able to Add the Snap on Metamask and following are the three screens captured from MetaMask that gives you the glimpse of how smooth the process of addition was.
The ShapeShift multichain was now ready to use and more on it in my next blog but for now lets cheer this news of MetaMask adding support for THORChain - $RUNE this not only provides a fresh opportunity for MetaMask users but for #thorchain community as well to engage in self-custody swaps. And on other other hand this move would enhance #THORChain’s ability to interact with multiple chains with #decentralization being further spread across.. #RUNE to the mooon...can we see $5+ #RUNE coming or NOT? cheers...
Have Your Say on Thorchain - $RUNE - DEX?
Are you invested in $RUNE? Did you hear about this news on THORFi Lending? Can $RUNE hit $5+ mark from here? Are platforms like @Lends_so, @BrokkrFinance, @THORSwap fully DEX? Can we consider funds on these platforms SAFE? Are they PURE DEX as claimed? Would love to hear your thoughts around it in the comment box below? Cheers
MetaMask added support for THORChain - $RUNE continues to surge $2+ Coming SOON...
#metamask #shapshift #dex #thorswap #rune #thorchain #decentralization #deflationary #lending
Image Credits:: thorchain, coingecko, twitter - @TheDesertLynx, metamask
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in BlockChain & Cryptos and have been investing in many emerging projects..cheer