RUNE token spikes 11% as THORChain moves to mainnet after four years By AdamMorganMc
THORChain has made the move to mainnet after four years of development.
After four years of development, THORChain has successfully launched its mainnet on seven different networks. THORChain enables decentralized exchanges and its users to move assets across blockchains seamlessly. At present there is a little more thanRUNE was trading at $2.20 according to CoinGecko at the time of writing, having spiked as high as $2.25 on some exchanges earlier in the day. This represents an increase of 11.6% in the past 24 hours, up from $1.97.
The DEX is the only network currently capable of facilitating decentralized swaps between multiple networks without smart contract capabilities. According to THORChain it does this without compromising security of self-custody.
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