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January 10, 2025

THORChain Struggles While New Coins Shine in the Market

THORChain RUNE, once a promising contender in the DeFi space, recently faced a dramatic reversal in its yearly gains. In contrast, newer projects like Pepe Unchained PEPU and PIPPIN have gained impressive momentum. As meme coins record modest gains after a period of decline, THORChain’s position raises questions about its future. The current trend reversal among emerging tokens suggests a shift in market dynamics. Investors evaluating asset diversification may find opportunities in these new entrants while reconsidering their positions in established projects like THORChain. Understanding these shifts can help traders navigate the evolving landscape.

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