THORChain’s native token, RUNE , has experienced significant volatility since its migration to its own blockchain in June 2022.
After a prolonged downtrend, the token began a promising upward trajectory in July 2023, culminating in a peak of $11.46 by March 2024.
A key catalyst for this resurgence appeared to be the launch of a lending protocol in August 2023, which was further bolstered by the integration of the Binance (BNB) blockchain in September.
However, RUNE’s fortunes took a downturn in late 2024, and by January 2025, it had lost around 30% of its value in a single week, falling to approximately $3.40 on Jan. 10, 2025.
Let’s explore our updated price predictions for RUNE as of Jan. 10, 2025. We’ll also take a closer look at THORChain’s price history and offer a brief overview of what RUNE is and its role within the broader crypto ecosystem.
Here are the THORChain price predictions from CCN on Jan. 10, 2025. It is important to remember that price forecasts, especially for something as potentially volatile as crypto, are often wrong.
We will use the wave count method to arrive at our predictions. 20% will be added and removed from the final target to arrive at the minimum and maximum RUNE price predictions.
Minimum THORChain Price Prediction | Average THORChain Price Prediction | Maximum THORChain Price Prediction | |
---|---|---|---|
2025 | $6.80 | $8.50 | $10.20 |
2026 | $0.24 | $0.30 | $0.36 |
2030 | $44 | $55 | $66 |
The most likely wave count suggests that RUNE is in an A-B-C corrective structure that started in June 2023.
If the count is accurate, RUNE is currently in wave C of this structure.
Given waves A to C have the same length and duration, leading to a target of $13.27 in May 2025. Afterward, we can project a lengthy correction, such as the one after the all-time high in 2021.
During these projected upward and downward movements, the wave count method gives a RUNE price prediction of $8.50 and $0.30 for the end of 2025 and 2026, respectively.
Finally, we use the daily rate of increase for the past four years to predict the RUNE price at the end of 2030. Since July 2020, RUNE has increased by 750%, for a daily rate of increase of 0.58%.
Projecting this increase until the end of 2030 gives a THORChain price prediction of $55. Adding and removing 20% to this target gives our minimum and maximum RUNE price predictions.
The wave count method gives a RUNE price prediction range between $6.80 and $10.20 for the end of 2025.
The wave count method gives a RUNE price prediction range between $0.24 to $0.36 for the end of 2025.
Using the daily rate of increase, we arrive at a THORChain price prediction range of $44 to $66 for the end of 2030.
The daily time frame RUNE chart shows that the price has broken down from an ascending support trend line.
The trend line contained the upward movement since August, so the breakdown suggests the trend is now bearish. The closest support is at $3.
Technical indicators are bearish. The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) are both falling, a sign of a bearish trend.
So, RUNE is likely to continue falling toward the closest support at $3.
The RUNE price prediction for the next 24 hours is bearish, suggesting the price will return to the $3 horizontal support area.
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.
A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.
On Jan. 10, 2025, RUNE’s weekly ATR was 0.46, a sign of relatively high volatility.
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively. Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Jan.10, 2025, THORChain’s RSI was at 28, indicating oversold conditions.
The Market Cap to Total Value Locked (TVL) ratio measures the valuation of a decentralized finance (DeFi) project by comparing its market capitalization to the total value of assets locked in its smart contracts. This ratio shows the project’s utilization and links the platform’s health to locked asset value.
A ratio above 1.0 indicates overvaluation because the market cap exceeds the value of assets used in the platform. A ratio below 1.0 indicates undervaluation because the market cap is lower than the value of locked assets.
RUNE TVL/MCap | Credit: DeFiLlama
On Jan. 10, 2025, the THORChain TVL ratio was 3.68, indicating overvaluation.
The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but as volatility decreases, the score will slowly adjust back up.
On Jan. 10, 2025, THORChain scored 36.2 on the CCN Index, suggesting moderate momentum.
We examined the RUNE price history and found the lowest prices on certain days, months, quarters, and even weeks in the year, indicating the best times to buy RUNE.
Time to Buy RUNE | Days, Weeks, Months, and Quarters |
---|---|
Best Day | Wednesday |
Best Week | 32 |
Best Month | November |
Best Quarter | Fourth |
THORChain is a decentralized liquidity protocol, so let’s compare it with other similar projects.
Let’s now take a look at the THORChain price history . While past performance should never be taken as an indicator of future results, knowing what the token has done can help give us some very useful context when it comes to either making or interpreting a THORChain price prediction.
Period | THORChain Price |
---|---|
Last Week (Jan. 3 2025) | $5.14 |
Last Month (Dec. 10 2024) | $6.51 |
Three Months Ago (Oct. 10, 2024) | $4.75 |
One Year Ago (Jan. 10 2024) | $5.18 |
Five Years Ago (Jan. 10, 2020) | $0.09967 |
Launch price (July 24, 2019) | $0.01712 |
All-time high (May 19, 2021) | $21.26 |
All-time low (Sept. 27, 2019) | $0.017 |
The market capitalization, or market cap, is the sum of the total number of RUNE in circulation multiplied by its price.
On Jan. 10, 2025, THORChain’s market cap was $1.18 billion, making it the 85th-largest crypto by that metric.
Supply and distribution | Figures |
---|---|
Total supply | 420,857,740 |
Circulating supply as of Jan. 10, 2025 | 345,593,464 (82.11% of total supply) |
In its technical documentation or whitepaper , THORChain says it is designed to help people trade safely and securely.
It says: “The network is serviced by a group of anonymous nodes who bond a certain amount of the network’s asset and are continuously churned to ensure liveness and prevent capture. The nodes must participate in continuous key-generation ceremonies to create vaults with a virtual private key.”
THORCHain was founded in 2019 by a group of anonymous developers. Although this is not uncommon in crypto, investors may want to put their money somewhere where people can be held accountable.
THORChain is a decentralized liquidity exchange (DEX) that allows people to create liquidity pools for decentralized exchanges (DEXs). This means that people can then list tokens on DEXes that are not on the platform’s native blockchain.
THORChain, founded in 2019 by a group of anonymous developers, aims to help DEXes offer a wider range of coins and tokens to their customers.
The RUNE coin powers the system.
THORChain uses a Proof-of-Stake (PoS) consensus mechanism. This means that people are selected to add blocks to the blockchain and verify transactions based on how much RUNE they hold.
RUNE holders can also vote on changes to the THORChain network. People need to put up or stake RUNE to operate the computers or nodes on the network.
People can also buy, sell, and trade RUNE on exchanges.
It is hard to say. RUNE has done pretty badly recently, although the suggestion that it is currently oversold might indicate a recovery at some point in the near future.
As always with crypto, you should do your own research before deciding whether or not to invest in RUNE.
No one can really tell right now. While the THORChain crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind, too, that prices can and do go down as well as up.
Before you decide whether or not to invest in THORChain, you will have to do your own research, not only on RUNE but also on other related coins and tokens such as Uniswap (UNI). Either way, you must also make sure you never invest more money than you can afford to lose.
Our price predictions suggest RUNE will not reach $100 in the near future.
RUNE is used to give holders the right to vote on changes to the THORChain platform, and holders can stake it, or set it aside, in order to operate nodes on the network. People can also buy, sell, or trade it on exchanges.