{"id":62491,"date":"2023-08-15T12:52:29","date_gmt":"2023-08-15T12:52:29","guid":{"rendered":"https:\/\/coinjournal.net\/news\/thorchain-rune-up-65-heres-why-the-token-is-rising\/"},"modified":"2023-08-15T12:52:29","modified_gmt":"2023-08-15T12:52:29","slug":"thorchain-rune-up-65-heres-why-the-token-is-rising","status":"publish","type":"post","link":"https:\/\/coinalsat.com\/en\/thorchain-rune-up-65-heres-why-the-token-is-rising\/","title":{"rendered":"THORChain (RUNE) up 65%: here\u2019s why the token is rising"},"content":{"rendered":"\n<ul>\n<li>THORChain (RUNE) token price has gained 65% over the past week and 53% over the past month.<\/li>\n<li>There has been a significant surge in social volume around THORChain.<\/li>\n<li>The social volume is driving notable attention toward the cross-chain liquidity protocol.<\/li>\n<\/ul>\n<p>Although the <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/thorchain\/\">price of THORChain (RUNE)<\/a> is still down 10% from its start of the year price, the token has been on a strong bullish trend since the beginning of August. It has risen by 68% since August 1, pushing the price from around $0.92 to the current price of $1.55.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/media.igms.io\/2023\/07\/15\/1692090659788-d5334d29-4591-45da-ab37-d960e0370988.jpg\" class=\"fr-fic fr-dib\" width=\"615\" height=\"435\"><\/p>\n<p>While some are super excited with RUNE&#8217;s upward trajectory, some are sceptical that the token could experience a pullback seeing that the rise has been so sharp. To fully understand how far the token could rise and the possibilities of a pullback, we shall delve into the factors pushing the price up.<\/p>\n<h2>Why THORChain (RUNE) price is rising<\/h2>\n<p>According to data on Santiment, the THORChain price surge is fueled by a surge in social volume. According to the data, RUNE&#8217;s social volume increased by 4,300% between August 7 and August 13, driving significant attention toward the THORChain protocol and its native token.<\/p>\n<p>In addition, THORChain&#8217;s positive investor sentiment also grew 6,100% within the same timeline. This further caused RUNE&#8217;s trading volume to spike as more investors jumped in.<\/p>\n<p>THORChain, which is a cross-chain liquidity protocol, in April, partnered with the web3 company Unizen to allow users to swap their <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/ethereum\/what-is-ethereum\/\">Ethereum (ETH)<\/a> and Avalanche (AVAX) for <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/bitcoin\/what-is-bitcoin\/\">Bitcoin (BTC)<\/a> while also permitting users to store assets on different chains. This has been a great driver of the increased activity in the THORChain ecosystem.<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/thorchain-rune-up-65-heres-why-the-token-is-rising\/\">THORChain (RUNE) up 65%: here&#8217;s why the token is rising<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"\n<p>THORChain (RUNE) token price has gained 65% over the past week and 53% over the past month. There has been a significant surge in social volume around THORChain. The social volume is driving notable attention toward the cross-chain liquidity protocol. Although the price of THORChain (RUNE) is still down 10% from its start of the [&#8230;]<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/thorchain-rune-up-65-heres-why-the-token-is-rising\/\">THORChain (RUNE) up 65%: here&#8217;s why the token is rising<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"author":5,"featured_media":62492,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[48,48,48,48,48,48,48,48,48,43,43,43,43,43,43,43,43,43],"tags":[],"class_list":{"0":"post-62491","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-blockchain","16":"category-crypto-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>THORChain (RUNE) up 65%: here\u2019s why the token is rising - CoinAlSat.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinalsat.com\/en\/thorchain-rune-up-65-heres-why-the-token-is-rising\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THORChain (RUNE) up 65%: here\u2019s why the token is rising - CoinAlSat.com\" \/>\n<meta property=\"og:description\" content=\"THORChain (RUNE) token price has gained 65% over the past week and 53% over the past month. There has been a significant surge in social volume around THORChain. The social volume is driving notable attention toward the cross-chain liquidity protocol. Although the price of THORChain (RUNE) is still down 10% from its start of the [&#8230;] The post THORChain (RUNE) up 65%: here&#8217;s why the token is rising appeared first on CoinJournal.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinalsat.com\/en\/thorchain-rune-up-65-heres-why-the-token-is-rising\/\" \/>\n<meta property=\"og:site_name\" content=\"CoinAlSat.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/coinalsat1\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-15T12:52:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/media.igms.io\/2023\/07\/15\/1692090659788-d5334d29-4591-45da-ab37-d960e0370988.jpg\" \/>\n<meta name=\"author\" content=\"Author\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Author\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/thorchain-rune-up-65-heres-why-the-token-is-rising\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/thorchain-rune-up-65-heres-why-the-token-is-rising\\\/\"},\"author\":{\"name\":\"Author\",\"@id\":\"https:\\\/\\\/coinalsat.com\\\/#\\\/schema\\\/person\\\/6fa35040f9ef4ae108188eaeb3ef441b\"},\"headline\":\"THORChain (RUNE) up 65%: here\u2019s why the token is rising\",\"datePublished\":\"2023-08-15T12:52:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/thorchain-rune-up-65-heres-why-the-token-is-rising\\\/\"},\"wordCount\":291,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/thorchain-rune-up-65-heres-why-the-token-is-rising\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/coinalsat.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/thorchain-rune-up-65-heres-why-the-token-is-rising.jpg\",\"articleSection\":[\"Blockchain\",\"Blockchain\",\"Blockchain\",\"Blockchain\",\"Blockchain\",\"Blockchain\",\"Blockchain\",\"Blockchain\",\"Blockchain\",\"Crypto Currency News\",\"Crypto Currency News\",\"Crypto Currency News\",\"Crypto Currency News\",\"Crypto Currency News\",\"Crypto Currency News\",\"Crypto Currency News\",\"Crypto Currency News\",\"Crypto Currency News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/coinalsat.com\\\/en\\\/thorchain-rune-up-65-heres-why-the-token-is-rising\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/thorchain-rune-up-65-heres-why-the-token-is-rising\\\/\",\"url\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/thorchain-rune-up-65-heres-why-the-token-is-rising\\\/\",\"name\":\"THORChain (RUNE) up 65%: here\u2019s why the token is rising - 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CoinAlSat.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinalsat.com\/en\/thorchain-rune-up-65-heres-why-the-token-is-rising\/","og_locale":"en_US","og_type":"article","og_title":"THORChain (RUNE) up 65%: here\u2019s why the token is rising - CoinAlSat.com","og_description":"THORChain (RUNE) token price has gained 65% over the past week and 53% over the past month. There has been a significant surge in social volume around THORChain. The social volume is driving notable attention toward the cross-chain liquidity protocol. Although the price of THORChain (RUNE) is still down 10% from its start of the [&#8230;] The post THORChain (RUNE) up 65%: here&#8217;s why the token is rising appeared first on CoinJournal.","og_url":"https:\/\/coinalsat.com\/en\/thorchain-rune-up-65-heres-why-the-token-is-rising\/","og_site_name":"CoinAlSat.com","article_publisher":"https:\/\/www.facebook.com\/coinalsat1","article_published_time":"2023-08-15T12:52:29+00:00","og_image":[{"url":"https:\/\/media.igms.io\/2023\/07\/15\/1692090659788-d5334d29-4591-45da-ab37-d960e0370988.jpg","type":"","width":"","height":""}],"author":"Author","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Author","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/coinalsat.com\/en\/thorchain-rune-up-65-heres-why-the-token-is-rising\/#article","isPartOf":{"@id":"https:\/\/coinalsat.com\/en\/thorchain-rune-up-65-heres-why-the-token-is-rising\/"},"author":{"name":"Author","@id":"https:\/\/coinalsat.com\/#\/schema\/person\/6fa35040f9ef4ae108188eaeb3ef441b"},"headline":"THORChain (RUNE) up 65%: here\u2019s why the token is rising","datePublished":"2023-08-15T12:52:29+00:00","mainEntityOfPage":{"@id":"https:\/\/coinalsat.com\/en\/thorchain-rune-up-65-heres-why-the-token-is-rising\/"},"wordCount":291,"commentCount":0,"publisher":{"@id":"https:\/\/coinalsat.com\/#organization"},"image":{"@id":"https:\/\/coinalsat.com\/en\/thorchain-rune-up-65-heres-why-the-token-is-rising\/#primaryimage"},"thumbnailUrl":"https:\/\/coinalsat.com\/wp-content\/uploads\/2023\/08\/thorchain-rune-up-65-heres-why-the-token-is-rising.jpg","articleSection":["Blockchain","Blockchain","Blockchain","Blockchain","Blockchain","Blockchain","Blockchain","Blockchain","Blockchain","Crypto Currency News","Crypto Currency News","Crypto Currency News","Crypto Currency News","Crypto Currency News","Crypto Currency News","Crypto Currency News","Crypto Currency News","Crypto Currency News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/coinalsat.com\/en\/thorchain-rune-up-65-heres-why-the-token-is-rising\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/coinalsat.com\/en\/thorchain-rune-up-65-heres-why-the-token-is-rising\/","url":"https:\/\/coinalsat.com\/en\/thorchain-rune-up-65-heres-why-the-token-is-rising\/","name":"THORChain (RUNE) up 65%: here\u2019s why the token is rising - 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