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THORChain Restarts Most Swaps After Halt, RUNE Price Rises 15%
(3 hours ago) · 1 source · Summarized by CryptoBipto
THORChain has resumed most swap operations after a period of halted activity on its decentralized exchange protocol. Following the restart, the protocol's native token RUNE saw a price increase of approximately 15%.
WHY IT MATTERS
THORChain is a type of decentralized exchange, which means it lets people trade one cryptocurrency for another without a middleman — think of it like a vending machine that swaps tokens automatically using code instead of a company running the trades.
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SOURCES
- cointelegraph.com
RELATED
RUNETHORChainDecentralized ExchangesToken Price MovementProtocol Outage
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