THORChain is a decentralized cross-chain liquidity network that provides seamless token swaps without the use of wrapped assets and pegged tokens.
I originally heard about RUNE (THORChain) in a fairly familiar way, a tweet I saw in December of 2019 went along the lines of, “Hey Twitter, shill me your favorite altcoins.” After researching a few suggestions, Rune stood out. Why? The promise of cross-chain transactions from a decentralized exchange (DEX). With rug pull-a-palooza not yet a part of our daily routine, 5 minutes of research was enough to get some of my hard-earned shekels.
Fast forward a little under a year, and I have watched Rune rise from .08 to over a dollar, back down again to .49, and it’s currently back over a dollar. More importantly, Chaosnet has launched in a successful and exciting way. In that time, the team has continued to deliver, and my confidence has only grown.
Why has that confidence grown?
Unique tokenomics (This is my favorite current buzzword and I’m sticking with it). I’m not going to discuss the reward distribution of Rune itself, as I don’t see that as the fundamental that drives my interest. That is simply icing on the cake.
Every DEX has liquidity pools, but Thorchain operates a bit differently. Rune is a required partner in LP and Thorchain’s lifeline, causing guaranteed demand if/when/as the platform scales. Simply put, Rune is fundamental to the operation of Asgardex. I see multiple benefits from this feature:
1) As liquidity grows within the network, providers will need to stake Rune with their coin of choice. The yield is currently incredibly attractive, at over 60% APY, and I have little concern that more value will enter the network as fund caps are lifted.
2) Assuming we are entering a bull market phase, general rise in market values will pull Rune up with them. This is a great side effect of how liquidity pools work; one that I am happy to participate in.
3) Node Operators who secure the network need to bond Rune to the network, further increasing demand in a competitive battlefield in which node operators have to quite literally raise their stake to stay in the game.
Since the launch of Chaosnet, small bugs have been quickly resolved, and the network has consistently grown. The introduction of native Bitcoin appears to be around the corner, and will be a ground breaking feat if completed successfully. I for one, am excited for the day that I can swap tokens directly for BTC without the use of an exchange. I welcome this innovation.
Rune Community
If that is all not enough, the community is passionate, constantly working on new developments to make the user experience better. There is also something pretty exciting about a Thor Gif tweet during a rapid Rune price rise (Insert Rune Ranger Tweet).
This is one project that I’m happy to hold, participate in, and watch grow to the cross-chain DEX it is destined to be. I’ll see you all in Asgardex.
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This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Bitcoin Price Prediction Soars to Over $100K. As Bull Run Gains Steam, Investors Look to Hot New Cryptos Raboo and Book of Meme
From Bitcoin's skyrocketing price to the emergence of Raboo and Book of Meme: Ride the bull run and seize exciting investment opportunities now!
Amidst a surging bull market, the Bitcoin price prediction skyrockets beyond $100K, igniting fervor among investors seeking the next big opportunities. Eyes turn to emerging contenders like Raboo and Book of Meme, with Raboo's entry-level token presale priced at just $0.003, forecasted to surge 100x by 2024, and poised to drive the $62 Billion Meme Market to new heights.
Unveiling Bitcoin: The titan of digital finance
As the bull market gains steam, Bitcoin, the pioneer cryptocurrency, remains a stalwart in the digital asset landscape, revered for its foundational features and enduring appeal. Its decentralized nature ensures autonomy from central authorities, fostering trust and security among users.
Amidst fervent speculation, the Bitcoin price prediction continues to captivate investors, buoyed by its established track record and widespread adoption. As a store of value and a hedge against economic uncertainty, Bitcoin transcends borders and traditional financial systems, offering a gateway to financial sovereignty.
Bitcoin's security architecture relies on cryptographic principles and decentralized consensus mechanisms, making it resistant to hacking and fraud. Its distributed ledger, known as the blockchain, ensures transparency and immutability, fortifying Bitcoin's resilience against potential attacks and manipulation.
In the ever-evolving landscape of digital assets, Bitcoin remains a beacon of stability and innovation, embodying the ethos of decentralized finance and revolutionizing the global monetary paradigm.
Raboo: Unleashing the meme revolution and investment bonanza
Raboo's allure to investors stems from a trifecta of enticing features. Firstly, its total supply of 1,800,000,000 tokens, coupled with an incremental distribution plan, instills confidence in its long-term sustainability and growth potential.
Secondly, Raboo provides a dynamic platform for meme enthusiasts to engage in entertaining activities and earn rewards, fostering a vibrant community through exciting prize draws, giveaways, and community events. Additionally, the exclusive NFT launch for presale token holders offers unique rewards and perks, further incentivizing participation and loyalty.
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Meme Magic: Unraveling Book of Meme's charms
Book of Meme (BOME) stands out for its unique blend of humor, community engagement, and technical prowess. Built on the Solana blockchain, it offers users faster transaction speeds and lower fees compared to its counterparts on Ethereum.
Operated by the enigmatic Darkfarms team, Book of Meme enjoys a dedicated following in the meme coin community. Despite its whimsical nature, Book of Meme maintains a significant market capitalization, indicating its relevance and potential for growth.
While its exact launch date remains elusive, Book of Meme's presence on social media suggests a lively and engaged community. However, its limited use case beyond being a meme coin may present challenges for long-term utility.
Conclusion
As the Bitcoin price prediction surpasses $100K amid a bull market surge, investors are drawn to promising newcomers like Raboo and Book of Meme. These hot new cryptos offer unique features and community engagement, enticing investors seeking the next big opportunity. As the bull run gains steam, the allure of these innovative tokens underscores the dynamic and ever-evolving landscape of the cryptocurrency market.
You can participate in the Raboo presale here.
Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $400. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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