2024

AI Crypto

THORChain

Rewards

<p><span style="font-weight: 400;">The THORChain price surged 31% in the last 24 hours </span><a href="https://coinmarketcap.com/currencies/thorchain/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">to trade at $7.2241</span></a><span style="font-weight: 400;"> as of 00:31 a.m. EST on trading volume that rose 194% to $1 billion.</span></p>
<p><span style="font-weight: 400;">This comes following the burning of a record amount of more than 50 million RUNE. The burning mechanism contributes to the scarcity of RUNE tokens, which, in turn, stimulates demand and potentially leads to an increase in its price.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">🥂 <a href="https://twitter.com/THORChain?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@THORChain</a> has hit a new milestone!<br>RUNE burnt is now over 50M ᚱ (63,046,772 ᚱ)!<br>Previous milestone was 2M ᚱ (3 months 22 days ago) <a href="https://t.co/RbbE4aVScy" rel="noopener noreferrer nofollow">pic.twitter.com/RbbE4aVScy</a></p>
 <p>— THOR InfoBot (@THOR_InfoBot) <a href="https://twitter.com/THOR_InfoBot/status/1765768674017759441?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 7, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="span-style-font-weight-400-thorchain-price-bulls-sustain-the-bullish-stance-span"><span style="font-weight: 400;">THORChain Price Bulls Sustain The Bullish Stance</span></h2>
<figure id="attachment_487013" aria-describedby="caption-attachment-487013" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-487013" src="https://insidebitcoins.com/wp-content/uploads/2024/03/RUNEUSDT_2024-03-08_08-31-23.png" alt="THORChain Price Chart Analysis Source: Tradingview.com" width="1281" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/RUNEUSDT_2024-03-08_08-31-23.png 1281w, https://insidebitcoins.com/wp-content/uploads/2024/03/RUNEUSDT_2024-03-08_08-31-23-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/RUNEUSDT_2024-03-08_08-31-23-1024x444.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/03/RUNEUSDT_2024-03-08_08-31-23-768x333.png 768w" sizes="(max-width: 1281px) 100vw, 1281px">
 <figcaption id="caption-attachment-487013" class="wp-caption-text">
  RUNEUSD Chart Analysis Source: Tradingview.com
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<p><span style="font-weight: 400;">The THORChain price has continued to rise and recorded massive gains since mid-October, last year. However, the stance by the bulls faced some rejection at $7.36, allowing the price to trend back through a retrace.</span></p>
<p><span style="font-weight: 400;">The price movements allowed the price to form a cup and handle pattern, as the bulls continue to show resilience to push the price even higher.</span></p>
<p><span style="font-weight: 400;">RUNE is trading well above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the sustained bullish momentum.</span></p>
<p><span style="font-weight: 400;">The Relative Strength Index (RSI) is also trending upward within the overbought region at 72, which is a signal of investor optimism as they take more buying positions.</span></p>
<p><img decoding="async" class="alignnone size-full wp-image-487014" src="https://insidebitcoins.com/wp-content/uploads/2024/03/RUNE.png" alt="RUNE MACD" width="1268" height="259" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/RUNE.png 1268w, https://insidebitcoins.com/wp-content/uploads/2024/03/RUNE-300x61.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/RUNE-1024x209.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/03/RUNE-768x157.png 768w" sizes="(max-width: 1268px) 100vw, 1268px"></p>
<p><span style="font-weight: 400;">Moreover, the Moving Average Convergence Divergence (MACD) is also bullish, as the moving average line (blue) crosses above the signal line (orange), representing a bullish crossover. Investors often use a bullish crossover as a signal to make more buys.</span></p>
<p><span style="font-weight: 400;">Additionally, the green bars on the histogram are starting to form over the neutral line, which shows that the current momentum is positive. The Stochastic Oscillator 14 3 3 line (green) crosses above the trigger line (orange), which is a confirmation of a bullish moving average crossover, indicating an incoming bullish trend.</span></p>
<h2 id="span-style-font-weight-400-thorchain-price-prediction-span"><span style="font-weight: 400;">THORChain Price Prediction</span></h2>
<p><span style="font-weight: 400;">The THORChain price long-term price analysis indicates that the price is currently on a strong bullish trend, as it breaks over the cup and handle pattern. Additionally, the MACD, RSI, and Stochastic Oscillator provide a bullish outlook for optimistic investors.</span></p>
<p><span style="font-weight: 400;">The 50-day SMA crosses above the 200-day SMA, forming a golden cross at $1.29, which encourages the bulls to rally the price, with the next target set at $8.44, a 16.38% increase from the current price.</span></p>
<p><span style="font-weight: 400;">However, the RSI and the Stochastic Oscillator indicate that the asset has already entered the overbought levels, suggesting an incoming price correction. In such a scenario, 5.06, coinciding with the 50-day SMA, would act as the next support zone.</span></p>
<p><span style="font-weight: 400;">As the RUNE price soars, investors are also looking at eTukTuk, a compelling eco-friendly crypto that investors say has what it takes to soar 10X on launch.</span></p>
<h2 id="span-style-font-weight-400-best-eco-friendly-crypto-to-invest-in-trending-crypto-presale-get-10x-gains-span"><span style="font-weight: 400;">Best Eco-Friendly Crypto To Invest In Trending Crypto Presale, Get 10X Gains</span></h2>
<p><a href="https://insidebitcoins.com/visit/etuktuk" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">The eTukTuk (TUK)</span></a><span style="font-weight: 400;"> presale continues to amass a huge following and has garnered $1.8 million in early funding as it closes in on its target of $1.82 million. </span></p>
<p><span style="font-weight: 400;">eTukTuk combines the capabilities of artificial intelligence (AI) and blockchain technology with the aim of transforming transportation in developing countries via the introduction of electric Tuk Tuk’s and a network of charging stations.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">7/</p>
 <p>eTukTuk stands as a beacon for change</p>
 <p>By creating a sustainable transport infrastructure powered by electricity, we're contributing to mitigating air pollution.</p>
 <p>— eTukTuk (@eTukTukio) <a href="https://twitter.com/eTukTukio/status/1765379204143870193?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 6, 2024</a></p>
</blockquote>
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<h2 id="span-style-font-weight-400-buy-and-stake-tuk-for-137-annual-rewards-span"><span style="font-weight: 400;">Buy And Stake $TUK For 137% Annual Rewards</span></h2>
<p><span style="font-weight: 400;">eTukTuk allows investors to earn passively by </span><a href="https://insidebitcoins.com/visit/etuktuk" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">buying and staking $TUK tokens</span></a><span style="font-weight: 400;"> for a 137% annual percentage yield (APY).</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Introducing Buy and Stake mechanism, get <a href="https://twitter.com/search?q=%24TUK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$TUK</a> tokens and instantly stake them, initiating a dynamic APY.</p>
 <p>Early stakers enjoy higher returns as APY adjusts with participation, encouraging early adoption and a fair, enticing incentive structure for all. 💫 <a href="https://t.co/pMrXEZzB3f" rel="noopener noreferrer nofollow">pic.twitter.com/pMrXEZzB3f</a></p>
 <p>— eTukTuk (@eTukTukio) <a href="https://twitter.com/eTukTukio/status/1711761128576159791?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 10, 2023</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">You also have an opportunity to earn from their play-to-earn (P2E) game that is set to launch soon, </span><i><span style="font-weight: 400;">Crazy Taxi, </span></i><span style="font-weight: 400;">where you will earn $TUK tokens by ferrying passengers to different locations on the busy streets of Sri Lanka.</span></p>
<p><span style="font-weight: 400;">Jacob Bury, a crypto analyst and YouTuber, says that eTukTuk has the potential to soar 10X on launch.</span></p>
<p><iframe title="New 10X Potential Green AI Crypto?! - eTukTuk Transport Crypto" width="640" height="360" src="https://www.youtube.com/embed/mZAqetFzMh4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p><span style="font-weight: 400;">You can participate in the presale by purchasing $TUK at $0.02775 per token, before the price increases in less than six days.</span></p>
<p><span style="font-weight: 400;">You can buy $TUK tokens today by visiting </span><a href="https://insidebitcoins.com/visit/etuktuk" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">the official eTukTuk website</span></a><span style="font-weight: 400;">. Swap BNB or USDT for $TUK tokens or buy directly using your bank card.</span></p>
<h2 id="span-style-font-weight-400-related-news-span"><span style="font-weight: 400;">Related News</span></h2>
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 <li style="font-weight: 400;"><a href="https://www.linkedin.com/pulse/presale-crypto-list-top-upcoming-cryptocurrencies-invest-calsona-9m74e" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">🚀📈 PRESALE CRYPTO LIST: Top Upcoming Cryptocurrencies to Invest in 2024 🔥💰</span></a></li>
 <li style="font-weight: 400;"><a href="https://www.linkedin.com/pulse/what-crypto-presale-quick-guide-getting-ground-floor-new-calsona-mwpve" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">🚀🤑 What is a crypto Presale? A Quick Guide to Getting in on the Ground Floor of New Cryptocurrencies!</span></a></li>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/buy-cryptocurrency/buy-bitcoin/credit-card/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">How to Buy Bitcoin with Credit Card</span></a></li>
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THORChain Price Prediction: RUNE Pumps 31%, But Experts Say This Green AI Crypto Might 10X After Launch

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