Hey kids! Let's talk about THORChain (RUNE), a type of cryptocurrency. Imagine it's like a super-fast way to swap different kinds of digital money. Recently, some unusual things happened, affecting its price.
It's a bit like a rollercoaster ride! The price went way down, even though lots of people were using it.
This is because hackers used THORChain to hide money they stole.
- Lots of trades happened on THORChain, but its price still dropped.
- Hackers used it to hide stolen money, which scared some people.
- A key developer even quit!
Fact | Number |
---|---|
Lowest price since November 2023 | $1.3050 |
Price drop from peak | 82% |
Stolen money laundered | Over $240 million |
Possible further drop to | $0.7790 |