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THORChain (RUNE) Project Overview

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About THORChain

THORChain describes itself as a decentralized liquidity network that allows users to swap assets instantly at manipulation-resistant market prices. Swaps are done through permissionless cross-chain liquidity pools that allow users to stake their assets to earn trading fees. Traders can monitor pool prices and earn by arbitraging back to fair market prices. Projects can reportedly stake their treasuries to give their tokens deep liquidity.

Source: Coinmarketcap.com
Website: thorchain.org
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This is a new add on Binance... The project seems to be very strong.

As for the chart... It is already high up there and prices bouncing so it can go either way.

This is a young chart so no analysis of the signals can be done.

Thanks a lot for your support.

Namaste.

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Remember that this is not a piece of financial nor trading advice.
This information is shared for your own learning/educational purposes only.

ノート
Turned out to be bullish.
MasterAnanda
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alanmastersaltcoinsBeyond Technical AnalysisbinancecryptoCryptocurrencyTechnical IndicatorsruneRUNEBTCthorchainTrend Analysis
MasterAnanda
✅ Cryptocurrencies technical analysis & results
t.me/masteranandatrades/9279

✅ Stocks technical analysis
t.me/anandastocks

✅ Enjoyed the content? Join my PREMIUM channels for more... t.me/lamatrades/4 (since 2017)
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