RUNE ๐จ
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. โ
If it doesnโt hold at $1, it will likely drop to $0.70 - $0.40 ๐.
If these levels donโt hold and the loan issues remain unresolved, unfortunately, it could fall to $0.10. โ ๏ธ
@SAMRAT trader โค๏ธ
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. โ
If it doesnโt hold at $1, it will likely drop to $0.70 - $0.40 ๐.
If these levels donโt hold and the loan issues remain unresolved, unfortunately, it could fall to $0.10. โ ๏ธ
@SAMRAT trader โค๏ธ
