Story Highlights
- The actual prices of Rune Tokens are as follows: $5.68980316.
- RUNE price could reach a high of $8.47 by the end of 2024.
- Due to a potential surge, THORChain’s price could reach a high of $29.22 by the end of 2030.
tea2021 has been a landmark year for several altcoins. A confluence of factors has caused many altcoins to soar. One of the coins that made headlines in the market for its overall performance was THORchain’s RUNE.
The cryptocurrency space welcomes coins that can adapt to rapidly changing market conditions. THORChain has demonstrated this behavior of quickly adapting to market volatility by bagging a variety of services.
THORChain is built on the Cosmos SDK, which keeps the network safe from possible hacks. RUNE is the native token of the platform. The network is not profit-oriented, and the fees generated by the protocol are incentivized by simply holding RUNE.
Are you surprised by the benefits THORChain offers to token holders? Look no further as this article explains feasible price predictions for 2024 and the coming years.
outline
| cryptocurrency | Tor Chain |
| token | rune |
| price | $5.68980316  0.24% |
| market capitalization | $1,919,300,458.1893 |
| circulating supply | 337,322,822.0000 |
| trading volume | $176,859,549.9506 |
| Best ever | May 19, 2021 $21.26 |
| Lowest ever | September 28, 2019 $0.007939 |
| 24 high | $5.7380 |
| 24 low | $5.5440 |
*Statistics are as of the time of reporting.
RUNE price prediction for December 2023
RUNE price traded in a closed range between $4.843 and $5.373 for a brief period before the price gained momentum and surged over 33% before being rejected at $6.455. THORChain price showed a sideways trend for a while, then the uptrend lost momentum and the price plummeted.
The RUNE token traded between $4.843 and $5.849 for a while before the market regained momentum and the price surged 36% before being rejected at $7.308. After trading in a closed range between $6.455 and $6.838, the bulls lost momentum and the price underwent a correction of more than 21%. Since then, the price has been trading between $5.373 and $5.849.
MACD (Moving Average Convergence Divergence) indicates a neutral trend, which indicates uncertainty in the price movement of a coin. Additionally, the averages show a bullish convergence on the chart, which suggests that the price will continue to gain value in the coming days.
If the bulls gain strength and break out of the $5.849 resistance level, the price will soon make a run to test the upper resistance level of $6.455. Additionally, if the market continues to hold the price at this level, it will continue to move higher and test the resistance level of $7.308.
Conversely, if the bears overwhelm the bulls, the price will lose momentum and move lower to test the support level at $4.843. Moreover, if bears continue to dominate the market, the downtrend could deepen and test this month’s low support level of $3.588.
RUNE price prediction for 2024
When the team behind THORChain releases important updates and announces major collaborations. The price of RUNE is likely to soar up to $8.47 amid the Bitcoin halving event.
Conversely, if the protocol fails to meet expectations, liquidation may be necessary, which could cause the price to drop to $5.99. On a rolling basis, the average price may settle at $7.23.
THORChain Price Prediction 2024 – 2030
| price prediction | Potential Lowest Value ($) | Average price ($) | Potential Highest Price ($) |
| 2024 | 5.99 | 7.23 | 8.47 |
| 2025 | 7.38 | 9.51 | 11.65 |
| 2026 | 11.21 | 13.07 | 14.93 |
| 2027 | 13.86 | 15.62 | 17.38 |
| 2028 | 16.66 | 18.42 | 20.19 |
| 2029 | 19.74 | 22.30 | 24.86 |
| 2030 | 22.14 | 25.68 | 29.22 |
THORChain (RUNE) Price Prediction 2025
RUNE is more of a community-oriented network. This could increase the potential of altcoins. If you can maintain similar skills for the next few years. Even if you don’t have any specific development plans, you can move to a decent number. In the next five years, RUNE could trade for up to $11.65.
The main concern for the network is liquidity, and if investors fail to maintain levels. It may even result in delisting from popular exchanges. In this situation, FUD could cause the token price to drop to $7.38. As a result, the price could settle at $9.51 if the network does not receive much stimulation.
THORChain price prediction for 2026
According to forecast price and technical analysis, the price of THORChain is expected to reach at least $11.21 in 2026. The maximum price can reach $14.93, and the average transaction price is around $13.07.
RUNE cryptocurrency price prediction for 2027
Projecting to 2027, the price of RUNE is expected to reach a low of $13.86, a high of $17.38, and an average forecast price of $15.62.
RUNE token price prediction for 2028
In 2028, the price of a single THORChain is expected to reach a minimum of $16.66, a maximum of $20.19, and an average price of $18.42.
THORChain price prediction for 2029
By 2029, the price of RUNE is expected to reach a minimum of $19.74, and has the potential to reach a maximum of $24.86, with an average of $22.30.
RUNE price prediction for 2030
In 2030, THORChain is expected to hit a low of $22.14, a high of $29.22, and an average price of $25.68.
What does the market say?
| Company Name | 2024 | 2025 | 2030 |
| wallet investor | $2.829 | $0.664 | – |
| price prediction .net | $6.19 | $9.17 | $87.14 |
| DigitalCoinPrice | $14.25 | $20.38 | $57.88 |
*We have created a table containing possible price predictions for the same tokens made by other cryptocurrency analysts on their respective platforms. The goals mentioned above are the average goals set by each company.
RUNE price prediction by CoinPedia
THORChain has been on a rapid rise for quite some time, with much joke currency fanfare. With the introduction of new technology, the price of RUNE is expected to reach new highs.
An increase in FOMO equates to an increase in surge levels. According to the THORChain price prediction formulated by CoinPedia, if the above scenario occurs, RUNE could reach a high of $6.82 by the end of the year.
New regulations in the country could dictate the future of the coin. Additionally, if a coin’s social background becomes more dispersed, its price may become entangled in a bearish loop. And it could fall to $2.57.
basic analysis
According to the report, THORChain has no founder, CEO, or directors. Development actions are handled by Gitlab. THORChain’s official Twitter handle stated that its self-organized developers work through Gitlab and have a better idea of what to build.
Initially, the THORChain platform was funded through an initial DEX offering (IDO), launched alongside Binance DEX in July 2019. The mainnet was launched in January 2021, but the multichain upgrade is currently scheduled for 2021.
BiFrost Protocol (BFT) enables interoperability between chains. Interoperability serves as the foundation of the ecosystem, without which the entire ecosystem may fail. BFT ensures the trust and security of the platform and prevents double spending and other malicious actions. THORChain solves blockchain scalability issues through the Yggdrasil protocol. The Aesir protocol serves as a governance token and ensures a cost-effective on-chain governance mechanism.
What is THORChain?
THORChain is a decentralized cross-chain liquidity protocol. This allows traders to exchange various cryptocurrency assets across a wide network without losing full control of their assets in the process. Additionally, the network allows traders to exchange cryptocurrency assets in a permissionless manner without using order books to provide liquidity.
The THORChain ecosystem has its own native token, RUNE. The token can be used on multiple blockchains, including Ethereum, which is an ERC-20 token, and Binance Chain, which is a BEP-20 token. Basically, THORChain is a proof-of-stake blockchain that aims to provide four important functions within the network ecosystem: security, governance, rewards, and liquidity.
Network validators stake RUNE to ensure network security. In the liquidity pool, all tokens are tied to RUNE to create the liquidity needed to perform the swap. Liquidity providers and validators can claim rewards in the form of RUNE tokens. In addition to this, the THORChain platform allows traders to manage their assets without any middlemen or additional costs.
Past market sentiment from 2019 to 2022
- Although this coin was discovered in 2019, its price did not increase significantly and remained at negligible levels until November 2020.
- Until December 2020 after listing on a famous exchange. The price first reached around $1.0315 and quickly surged to $2 on January 1, 2021.
- RUNE began trading at $1.366 and by mid-March had surged 400% to $4.66. A huge price increase in April caused the price to skyrocket to $20.31 ATH on May 18, 2021.
- Due to the market crash on May 19th. The price fell at the same rate, falling back to $3.83 on July 25th.
- RUNE price regained positive momentum in late July. With a continued upward trend, the price was trading at around $7.46 by the end of September. The price of RUNE almost doubled from $7 to $15 on November 2nd.
- As bears began to dominate the market in November, the price of RUNE was trading at $6 by the end of 2021.
- THORChain’s 2022 trading started with reasonable profits and a price tag of $6.786.
- By January 5th, the price had risen sharply to $8.208. However, a downward trend brought the price down to $5.791 on January 11.
- After moving closer to the level by February 4th. The leg-up took the price above $5.080 by February 8.
- However, due to FUD in the business due to geopolitical tensions, it closed at $3.752 per month.
- The second quarter was a difficult one for THORChain, like most crypto assets in the business. The altcoin suffered a sharp decline in the second quarter, losing more than 88% of its profits.
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frequently asked questionsS
Yes, according to the predictions it is a good idea to invest in THORChain. The potential for long-term returns is quite high.
There is no minimum or maximum time or amount. Join and leave whenever you want.
You can use any wallet that supports BEP2 tokens, including Atomic Wallet, Trust Wallet, and Ledger Wallet. Through the Binance Chain app, Binance Chain wallet (binance.org), etc…
RUNE prices may increase as follows: $8.27 Until the end of 2024.
The highest price for RUNE is approx. $11.65 by the end of 2025. In case of a possible surge, the price could rise to $29.22 by the end of 2030.
At the time of publication, the price of the RUNE token was $5.633.