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RUNE / TetherUS

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RUNEUSDT trade ideas

RUNE/USDT – Oh man... maybe up :)?The RUNE/USDT pair has seen a significant drop recently. That was sad. Despite the decline, the MACD indicator is showing a bullish divergence, which could signal a reversal. Main support and breakout zone to further decline is at 0.94 and possible take-profit zone around 1.95. I am hoping to reach 1.95 in this, maybe next week. What will happen next? Bitcoin will tell us. Things look promising because of low activity in price action recently... something is about to happen.
Long
by yosny
THORChain Convert Debt into Equity: What about RUNE Holders FateTHORChain ( CRYPTOCAP:RUNE ) has taken a bold step to address its $200 million debt crisis by converting unserviceable debt into equity through a new token, TCY (Thorchain Yield). This strategic move follows the suspension of THORFi services on January 23, 2025, due to financial instability. While this decision aims to stabilize the ecosystem, the market response has been mixed, with CRYPTOCAP:RUNE experiencing sharp volatility. THORChain’s Debt-to-Equity Move The newly introduced TCY token will be issued at a rate of 1 TCY per dollar of defaulted debt, effectively turning affected lenders and savers into equity holders. To further support this transition, THORChain plans to create a RUNE/TCY liquidity pool with an initial $500,000 backing, pricing TCY at $0.10 per token. Additionally, TCY holders will receive 10% of THORChain’s revenue indefinitely, providing a long-term recovery mechanism. Despite these efforts, concerns linger regarding the timeline for full financial recovery. However, THORChain’s core functionality—cross-chain swaps—remains intact, ensuring continued utility for its users. Market sentiment, however, reflects uncertainty, as seen in CRYPTOCAP:RUNE ’s price action. Technical Outlook: Can CRYPTOCAP:RUNE Recover? Following the debt-to-equity announcement, CRYPTOCAP:RUNE has exhibited mixed performance. Initially, it plunged 10% within 24 hours, extending its 30-day decline to nearly 50%, in line with the broader market downturn. However, as of the latest data, CRYPTOCAP:RUNE is showing signs of recovery, posting an 11% gain and trading within a moderate zone. Key Levels to Watch: - Relative Strength Index (RSI): Currently at 38, indicating potential oversold conditions and a buying opportunity. - 38.2% Fibonacci Retracement Level: The $3.58 price mark aligns with this critical resistance; a breakout above this level could fuel a bullish rally. - 1-Month High Target: If momentum sustains, CRYPTOCAP:RUNE could push towards $5, the next major resistance level. Conclusion THORChain’s move to convert debt into equity is a double-edged sword. While it provides a structured approach to managing financial challenges, investor confidence remains uncertain. The success of the TCY token will heavily influence market sentiment around CRYPTOCAP:RUNE in the coming weeks. As the market digests this pivotal restructuring, all eyes remain on CRYPTOCAP:RUNE ’s price action and the effectiveness of THORChain’s recovery strategy.
Long
by DEXWireNews
$RUNE is crashing. What is the consequence for Defi?This idea focuses more on DeFi and Web3 as a whole rather than the specific case of $RUNE. What is happening to CRYPTOCAP:RUNE can happen to any other DeFi protocol, so it’s crucial to analyze how these protocols work, identify the risks, and explore how to mitigate them. ### How DeFi Protocols Work CRYPTOCAP:RUNE , like many other protocols, is powered by smart contracts. These are small programs that execute tasks like lending, swapping, and other DeFi functions automatically and without human intervention. Investors love these protocols for their decentralized nature and trustless execution, enabled by blockchain technology. CRYPTOCAP:RUNE gained popularity because its decentralized protocol allowed its price to be tied to factors like its total value locked (TVL) and fee earnings. The more people staked, provided liquidity, or used its lending services, the more CRYPTOCAP:RUNE ’s price increased. For instance, we saw CRYPTOCAP:RUNE rise from $3 to $12 last year as people used the protocol to loan CRYPTOCAP:BTC and CRYPTOCAP:ETH during their price surges. ### The Mechanism Behind CRYPTOCAP:RUNE DeFi protocols like CRYPTOCAP:RUNE rely on the token itself as collateral. For example: - When users send CRYPTOCAP:BTC or CRYPTOCAP:ETH to the protocol, it automatically buys and sells CRYPTOCAP:RUNE , which drives its price up. - Conversely, when users withdraw CRYPTOCAP:BTC or CRYPTOCAP:ETH , the protocol sells CRYPTOCAP:RUNE to repay those users, which puts downward pressure on its price. This mechanism can create vulnerabilities, as we’ve seen with $RUNE. ### What Went Wrong? While all altcoins were losing value, CRYPTOCAP:BTC outperformed to the point where the total value of CRYPTOCAP:BTC being staked and loaned on the protocol exceeded the total value of $RUNE. In simple terms, if everyone requested their CRYPTOCAP:BTC and CRYPTOCAP:ETH back, the protocol would not have enough CRYPTOCAP:RUNE to sell and repay them. This is known as **insolvency**. Last year, when authorities paused Rune Swap for a week to investigate criminal activity, CRYPTOCAP:RUNE ’s price plummeted from $2.2 to $1.3 as smart contracts automatically compensated for reduced earnings and people redeemed their staked assets, forcing the protocol to sell $RUNE. ### The Catastrophic Validator Decision This month, with the price of CRYPTOCAP:BTC surging, some inverstors decided to cash out from CRYPTOCAP:RUNE and that is when they realized that the price of CRYPTOCAP:RUNE was so underperforming CRYPTOCAP:BTC that the protocol might be insolvent. They createed a "bank run" and an avalanche of investors lost their trust and asked their coins back. To prevent a complete collapse, validators—who are essential for running the blockchain—used a private key to manually stop the protocol. This halted the smart contracts from continuing to sell $RUNE. However, this move backfired. Observers saw the protocol being manually interfered with, highlighting its insolvency and raising serious concerns. This decision led to even more fear, uncertainty, and doubt (FUD). It became clear that DeFi’s lack of flexibility and inability to adapt to emergencies can create destructive outcomes. ### Broader Implications for DeFi Protocols This exposes a significant vulnerability in all DeFi protocols. Many rely on their own coin as collateral, but if CRYPTOCAP:BTC continues to rise in value and users decide to withdraw their CRYPTOCAP:BTC , the protocols could face the same insolvency issue. In some cases, the amount required to repay users may exceed the protocol’s total collateral—or even the market cap of the altcoin itself. ### The Potential Domino Effect If platforms like Uniswap, PancakeSwap, Hyperliquid, and others fail to address this issue, we could see a domino effect: - Investors may withdraw their funds from DeFi protocols, leading to a collapse of the entire DeFi ecosystem. - Such an event would have dire consequences for the broader altcoin market. ### The Solution If CRYPTOCAP:BTC continues its bull run alone, DeFi platforms may need to reconsider their reliance on CRYPTOCAP:BTC and stop lending/staking and swapping to $BTC. Failure to adapt could render many protocols insolvent, triggering unprecedented FUD and potentially causing the crypto market to crash. ### Conclusion The current situation with CRYPTOCAP:RUNE is a cautionary tale for the entire DeFi industry. Without proactive measures, the very mechanisms that make DeFi appealing—decentralization and automation—could become its greatest weaknesses.
Short
by CryptoNikkoid
24
RUNE/USDT risky longAn analysis a potential upward movement with a target price of $2.45 and a stop-loss set at $1.70. This indicates a bullish outlook, anticipating a significant price increase. The stop-loss at $1.70 is a risk management measure to limit potential losses if the price declines, while the target at $2.45 reflects the anticipated profit level. Please note that cryptocurrency markets are highly volatile, and past performance does not guarantee future results. It’s essential to conduct thorough research and consider your risk tolerance before making any investment decisions.
Long
by rencus30
RUNE potential macro 12Whoever has some knowledge in Elliott Wave theory knows that waves 3 are the monsters that need to be caught. You can even see the circled iii size comparing to other two waves. Having said that and knowing that Elliott wave is a fractal thing... we could be potentially watching an opportunity of a life time Wave 3 in Elliott Wave Theory is typically the strongest and longest wave in an impulsive structure. It represents a period of rapid price movement fueled by strong market sentiment and momentum. This wave often exhibits high volume and breaks key resistance levels, making it a favorite among traders. It cannot be the shortest of waves 1, 3, and 5, and is usually accompanied by widespread participation in the market.
Long
by PK_SEND_IT
1