Is RUNE Still a Good Buy at $5?
In this clip from the last INLEO AMA, we're asked if we think RUNE is still a good buy at $5.
I've been vocal about my large investment in RUNE. Actually, I've been extremely vocal in the past 4 years about my constant observing, learning and investments surrounding RUNE.
I started buying at $0.40. I sold a lot in the $12-$20 range in the last bull cycle. I began buying again at $8 (oops) and bought all the way down to $1 when RUNE hit it's peak lows in the bear market of 2021-2023.
This all being said, I started buying heavily again around $2-4. I still am buying today at $4.6.
RUNE to me is a unicorn trade. The platform's technical development has led to an incredible rise in actual swap volume.
On all fundamental metrics, RUNE is becoming a monster. It has the best PMF - product market fit - of any crypto project I've ever seen. It's truly a wonder to have had a front-row seat to seeing it go from no platform and a dream to one of the top DEXes in the world.
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▶️ 3Speak
I agree. More people will start using Cross-chain DEXs like Thorchain when regulation comes down on CEXs. And there is room for competitors like Maya Protocol, Serai DEX, and others too. These friendly forks are going to integrate even more chains.
That's an interesting analysis. At this point most projects are at a serious low. Ones BTC does the major move upwards and the money starts rotating Into alts. Major new all time highs for projects like rune are yet to be made.
With this brief explanation, Rune is still a good buy. Next bull should drive higher than the last 4 years.