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Rune and Market Update: Analyzing Thor Chain and the Crypto Landscape

In the fast-evolving world of cryptocurrency, staying updated on market movements and project developments is crucial. Today, we take a closer look at Rune, particularly Thor Chain, and provide an overall market update.

Status of Rune (Thor Chain)

Last discussed on May 12th, Rune's recent price action has shown some intriguing developments. Currently, Thor Chain sits at approximately $1.85, with notable candlestick volume indicating a critical resistance level around the $2.10 mark. Notably, the volume dramatically decreases once the price moves beyond this threshold, suggesting fewer sellers, which may lead to a smoother ascent if the price can break through.