On HTF, another catastrophy could lead to RUNE if the line of support(red line) broken, following 8M hacked.
A lot of volume trading here.
Rune already down 85%. Long-Term-Hodler start DCA anytime from here.
''THORChain(RUNE) is a highly-optimized multi-chain with an efficient consensus algorithm called Yggdrasil protocol. It is based on practical Byzantine Fault Tolerance (pBFT).
Overall, RUNE is providing unique solutions to current critical blockchain and cryptocurrency exchanges issues of low liquidity, interoperability, and safety. With Yggdrasil Protocol, RUNE can overcome scalability with vertical sharding which has a throughput of 100k transactions per second with less 10k nodes and 1 million transactions per second with less than 80k nodes.''
In simple word, RUNE make it possible to swap between native assets across different blockchains.
Yet, hacking issues giving RUNE devs a room of improvement to become more secure.
Fundamentally, this coin is the best tokenomic in the world so far.