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THORChain (RUNE) gains 48% in one week

THORChain (RUNE) has been constantly losing value since April 2022 with a few hikes. The asset rose by 48% over the past seven days, reaching a key milestone of $1.42 on Aug. 13. According to data provided by Santiment, the recent surge in THORChain’s price was fueled by a significant surge in social volume. Per the data, RUNE’s social volume rose by 4,300% between Aug. 7 and Aug. 13, driving notable attention toward the cross-chain liquidity protocol. Moreover, positive investor sentiment around THORChain has grown by 6,100% in the mentioned timeline. Over the past 24 hours, however, RUNE’s social volume and positive sentiment plunged significantly as the asset dived the $1.34 mark.

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