RE: LeoThread 2025-02-01 18:29

In my mind the fundamentals are no different than they were a month ago. Now they are just out in the light. The debt is bad but not insurmountable. Optics is the problem IMHO.

Optics can kill it though if they don't manage the message.

OMG. Let me go research why

Thorfi is insolvent. So they paused lending and people can't withdraw at the moment. The protocol has about $200b in debt I believe

I guess it was caused by economic issues surrounding the THORChain protocol

Fundamentally everything is wrong with rune right now , but I hope the issues gets fixed

I think the problem for rune started because of the debts of thorchain protocol

Yes the fundamentals are still good , and I believe thorchain will fix the debt issue and rune will be back to life again

$RUNE is now at a lucrative level to grab. An oppotunity you can not ignore.

The fundamentals are still good , just an internal issue on the thorchain protocol that caused the decline of rune , but it is also an opportunity to buy rune at a cheaper price

All I know is that I will keep buying the dip till the thorchain protocol issue is fixed

Is the fundamentals still good?

I doubt , I am out of the rune market for now...until the coast is cleared

I think a couple of whales have done something. Don't know the details but that's usually how this happens