I've made TikTok Page my second home after Hive since I subscribed thanks to
... I got notified whenever khaleelkazi posted a new video, I made sure I paused whatever I was doing and opened the video to watch and learn from his crypto talk.
I've gathered some crypto tips over time that have helped me improve my crypto and finance understanding.
I watched one of his videos yesterday in which he reviewed Rune and answered the question Is RUNE a good investment. He emphasized various points and explained why he feels Rune would reach $100 like Luna...after watching the video, I decided to do my own research on Rune.
My Research On RUNE
RUNE is THORCHain's native token, a decentralized liquidity platform that allows users to quickly exchange cryptocurrency assets across many networks without losing complete custody of their holdings.
Furthermore, THORChain allows users to swap assets without relying on order books in a permissionless context. Rather, the ratio of assets in a pool is used to sustain market pricing.
RUNE reached an all time high of $21.26 in May 2021, and the all time low was $0.007939 in September 2019.. it's currently price at $9.13 with a market capitalization of $3,017,729,555, a trading volume of $124,926,276 in the past 24 hours. The circulating supply is 330,688,061.33 RUNE while the total supply is 334,937,975 RUNE
The token is currently ranked #44 by CoinmarketCap, it's among the top 50 most popular cryptocurrency, it can be traded on most of the crypto exchanges both DEX and CEX..
Check out this link for additional information on RUNE and where it may be traded.
To answer the question "is RUNE a good Investment?", in my own opinion the token is good for a long term investment, but if you must invest I'd like you to conduct your own fundamental and technical research on the token.
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Thank you!