RUNE / TetherUS
Long

Unlocking Next Move. Grab the Bull by the Horn

684
**THORChain (RUNE)** is a decentralized cross-chain liquidity network that enables the permissionless exchange of native assets across different blockchains. RUNE is the native token of the THORChain network and is used to secure the network, incentivize liquidity providers, and pay transaction fees.

**Fundamental Analysis**

THORChain is a unique project in the cryptocurrency space because it allows users to exchange native assets across different blockchains without having to rely on a centralized exchange. This is a major advantage, as it eliminates the risk of counterparty trust and allows users to trade their assets directly with each other.

THORChain is also a very secure platform. The network is secured by a bonded proof-of-stake (BPoS) consensus mechanism, which is designed to be highly resistant to attack.

**Recent News**

On September 26, 2023, THORChain announced that it had partnered with Metap Inc., a leading provider of digital asset custody solutions. This partnership will allow THORChain to offer its users a secure and compliant way to store their digital assets.

On September 22, 2023, THORChain announced that it had been selected by the World Economic Forum to participate in its Blockchain for Social Impact initiative. This initiative aims to use blockchain technology to solve some of the world's most pressing social problems.

**Conclusion**

THORChain is a promising project with a strong fundamental value proposition. The network is secure, scalable, and solves a real-world problem. However, it is important to note that the cryptocurrency market is volatile and prices can fluctuate wildly. It is important to do your own research before investing in any cryptocurrency.

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