RUNE 🚨
The RUNE company is bankrupt. It owes over $200 million, while its total market cap is $450 million. This means that to repay its debts, it would need to sell 50% of the total supply at the current price, which is practically impossible. ❌
If it doesn’t hold at $1, it will likely drop to $0.70 - $0.40 📉.
If these levels don’t hold and the loan issues remain unresolved, unfortunately, it could fall to $0.10. ⚠️
@SAMRAT trader ❤️
The RUNE company is bankrupt. It owes over $200 million, while its total market cap is $450 million. This means that to repay its debts, it would need to sell 50% of the total supply at the current price, which is practically impossible. ❌
If it doesn’t hold at $1, it will likely drop to $0.70 - $0.40 📉.
If these levels don’t hold and the loan issues remain unresolved, unfortunately, it could fall to $0.10. ⚠️
@SAMRAT trader ❤️