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Guess who's back online? Thorchain ! by vlemon

View this thread on: hive.blogpeakd.comecency.com
· @vlemon ·
$19.42
Guess who's back online? Thorchain !
Hello HODLers,

**Thorchain is up +18% during the ast 24 hours. I believe this is the most loved coin in the Leofinance community as there are a lot of users who invested early or pooled assets on Chaosnet.**

![image.png](https://images.hive.blog/DQmP9WaBHfNfzgiKDVHAc3KhxZikQVkhF3X2Rej8TL7oYVS/image.png)

#### $RUNE Price Chart

![image.png](https://images.hive.blog/DQmVUVjapZ1D8UtyKpMsdaUwmfQ83nHspMKhPQCKM5TqvbX/image.png)

After its launch in April Chaosnet ran into issues after having 2 major hacking incidents which halted the $RUNE Bullrun and the constant increase in the TVL.

This pushed the price of $RUNE to 4-5$. But after a lot of work and development, Thorchain is back !

As a reminder, Thorchain is built on Cosmos SDK.

As Erik Vorhees, founder of crypto exchange ShapeShift said:

*“[Thorchain] remains one of the most important projects in crypto/defi,”* , wrote in a recent tweet.

![image.png](https://images.hive.blog/DQmVsxUBNSEttko3J3d7LDXL9BWGYLXLXAs798Z1EPjeUdf/image.png)

#### Devs have not been iddle

![image.png](https://images.hive.blog/DQmSoobBTehXZCpE3enV317SHaHwUccxUuWQazetSVP3aMf/image.png)

What is *make relay*?

> It will serve as a broadcasting service for validator nodes. The feature will be used to signal support, alert the network of attacks, and explain the reason behind a pause.

*Thorchain is on a big move exactly when Leo Mobile is being released... Coincidence? I don't think so :D!**

#### What's next !?

Can it go back to $10+ ? $15+?


![image.png](https://images.hive.blog/DQmVsxUBNSEttko3J3d7LDXL9BWGYLXLXAs798Z1EPjeUdf/image.png)



#### Latest Analysis

* [Finding my new CEX Home after Binance KYC spooked me! FTX?](https://leofinance.io/@vlemon/finding-my-new-cex-hone-after-binance-kyc-spooked-me-ftx)

* [Hive is HODLing strong, just picked up my $BRO Badge !](https://leofinance.io/@vlemon/hive-is-hodling-strong-just-picked-up-my-usdbro-badge)

* [Building a Long Term Crypto Fund for a client. I need you !](https://leofinance.io/@vlemon/building-a-long-term-crypto-fund-for-a-client-i-need-you)

* [How to get your Daily Soy Finance Airdrop !](https://leofinance.io/@vlemon/how-to-get-your-daily-soy-finance-airdrop)




Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@vlemon/guess-who-s-back-online-thorchain)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 110 others
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vote details (174)
@acesontop ·
$0.03
This is truly a Leofinance gem. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@acesontop/re-vlemon-wnn3t)
👍  
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vote details (1)
@vlemon ·
Indeed, until the hack this was a top performer.

Eyes and investors are coming back which feels great !

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@vlemon/re-acesontop-6mg318)
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@chronocrypto ·
$0.03
50+
👍  
👎  
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vote details (2)
@vlemon ·
$0.12
So pessimistic... ;)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@vlemon/re-chronocrypto-2sij5k)
👍  
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@chronocrypto ·
Is it really hard to think it could reach? 
👎  
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vote details (1)
@sapphirecrypto ·
$0.03
I have a small bag of RUNE that I am simply holding long-term. I don't even watch the price. I will however one day! ;)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@sapphirecrypto/re-vlemon-fqofa)
👍  
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vote details (1)
@vlemon ·
Well if it reaches $50 as @chronocrypto hints, then I guess you might look at your "small position" :D

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@vlemon/re-sapphirecrypto-2jxqro)
👍  
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@sapphirecrypto ·
Indeed, we wait... :)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@sapphirecrypto/re-vlemon-3ezbjx)
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@spacetrucker ·
if it was on LeoDEX  I would  buy some.
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@stefano.massari ·
This looks like an interesting project ... unfortunately I didn't understand it and I'm not in it.
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