Hey All,
Did you guys hear this news where - BNB Smart Chain (@BNBCHAIN) is live on #THORChain. The @Thorchain announced in their twitter handle about the #BNB Smart Chain been successfully added to THORChain. What that means is that Liquidity Pools, Swaps, and Savers are now open i.e. LIVE for #BNB token as well. There is no stoppage for the #Thorchain team here where they continue to surprise the crypto community with some or the other news. The last we heard about MetaMask added support for THORChain through a @ShapeShift "snap" add-on. #Shapeshift - it is a decentralized crypto exchange application that recently announced a ‘multichain snap‘ feature that helps users store and trade non-EVM assets like Bitcoin ( #BTC, #Cardano, #Solana, #Aptos, #XRP and others) without the need for bridges. As matter of fact #HIVE is also an non-EVM crypto asset as it doesn't rely on the Ethereum Virtual Machine (EVM). I did talk about the same in one of my post - MetaMask added support for THORChain - $RUNE continues to surge $2+ Coming SOON - you can find the post Here. The first interface to provide #BinanceSmartChain cross chain swaps are now available on @THORWalletDEX mobile & webapp. Crypto enthusiast/users of #ThorWalletDex can now seamlessly store, send, pool, and swap their #BNB and #BEP20 tokens! And this is all leveled up with the integration of Binance Smart Chain powered by #THORChain. I guess we would be geeing additional interfaces will be added as they go live so more to come here where more interfaces would be adding #BNB chain in following weeks/days.
And looks like this news didn't bring any good to the price of #RUNE - where today it is down by 7% and is trading around $1.77+. Ideally news like these of integrating chains and that too a major chain like #BNB should have brought a good momentum to the price of #RUNE but it didn't happen. So what happened here? It looks like there is another saga going around with #Thorchain and it has to do with the privacy stuff.
TC has, and always will be, completely public. Even if a privacy coin could be added, it will be added in a fully-public manner.
So this confusion around #privacy and #thorchain in the community basically led to the price #RUNE tank albeit the positive news of #BNB integrated to #Thorchain. So where does #RUNE goes from here & What is coming Next becomes the main question here. I guess as the team continues to build and delivery these news shouldn't impact the price of #rune in long run. I am optimistic that we should be seeing $2+ for #RUNE pretty soon Do you agree or not? Is $2+ coming for #RUNE? As matter of fact I do #HODL a good amount of #RUNE myself i.e. 4K+ and will continue to #HODL them until it touches the $5+ mark. The plan is to convert all the #RUNE to #HBD and park the funds in HBD savings.. So lets see if I am able to accomplish my GOAL with #RUNE here or not... cheers
Have Your Say on #Thorchain - $RUNE - DEX - Development?
Are you invested in $RUNE? Did you hear about this news on THORFi Lending? Can $RUNE hit $5+ mark from here? Are platforms like @Lends_so, @BrokkrFinance, @THORSwap fully DEX? Can we consider funds on these platforms SAFE? Are they PURE DEX as claimed? Would love to hear your thoughts around it in the comment box below? Cheers
THORChain - BNB Smart Chain is live on @Thorchain - What's coming Next?
#bnb #smartchain #metamask #shapshift #dex #thorswap #rune #thorchain #decentralization #deflationary #lending
Image Credits:: thorchain, coingecko, twitter - @chrisblec, metamask, medium
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in BlockChain & Cryptos and have been investing in many emerging projects..cheer
It can be "buy the news, sell while achieved" situation.
Thorchain is one of the few networks that has a unique value proposition. I admire their work.
This is a great update from Thorchain, this will surely attract more users and investors.
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