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. ā
If it doesnāt hold at $1, it will likely drop to $0.70 - $0.40 š.
If these levels donāt hold and the loan issues remain unresolved, unfortunately, it could fall to $0.10. ā ļø
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. ā
If it doesnāt hold at $1, it will likely drop to $0.70 - $0.40 š.
If these levels donāt hold and the loan issues remain unresolved, unfortunately, it could fall to $0.10. ā ļø
$BNX #LiquidationOversight BinaryX (BNX) has plummeted by 26.73% in 24 hours, causing widespread panic and prompting many investors to liquidate their positions, fearing they might lose all their money in 24 hours