❤️💛💚💙

🇺🇸 Ranny Boo (Crypto Banter) has made a detailed post on ThorChain $RUNE to explain the situation about the alleged insolvency.

The issue lies in the Additional Feature section (Saving & Lending).

The participants can't get repaid, and it's about total $75 million dollars.

ThorChain expanded into this DeFi sector and they made a mistake.

They are a Cross-Chain Protocol meant for Swapping (for example you can swap Bitcoin to Ethereum via the chain).

Ran is still holding RUNE.

(@Cryptomanran).

So far, THOR/btc is down -96% from its ATH.

✅ I do believe it is a cheap zone down here --- but we are right on the cusp of a Bull Market, so I would really only look to buy it after it finds a bottom and does some rounding Off.

There are heaps of coins out there primed to rise, like PulseChain Core Coins (incl. pDAI and pWBTC), as they've been Capitulated for like 2 years now...
#RUNE