Hello Leo-Family,

Welcome to this week’s RUNE guessing game! After a promising period of growth, RUNE has struggled to keep pace with BTC and other assets recently. Over the past week, the price has trended downward, with RUNE briefly flirting with the $5 level. Despite this dip, activity on Thorchain has been buzzing. Swap volumes remain high, and frontends built on the protocol are generating impressive revenue. However, the token’s price hasn’t yet mirrored this ecosystem activity.

In a potentially game-changing development, a few days ago, validators approved a 5% burn mechanism. This feature makes RUNE deflationary by ensuring more tokens are removed from the protocol than are printed. Deflationary mechanics often have a positive impact on asset prices in the long run by increasing scarcity. The question now is: will this change be enough to reverse the downward trend and bring RUNE back into bullish territory?

With strong fundamentals and now a deflationary system in place, RUNE has the tools for a comeback. The community is keeping a close eye on how this development will impact price action in the days ahead. Share your predictions—will RUNE bounce back, or is it set to test new lows before finding its footing? Let the guessing begin!

Don't forget to reshare this post for a maximal winning chance!

What do you think RUNE will cost by the end of Sunday?

Comment with your guess directly to this post. The bet closest to the truth will win the weekly price. If your bet is exactly to the point, you will win the Jackpot.

The Prices

The weekly Price

15 LEO for the winner

30 LEO for the winner who reshared (rehived) this post before Sunday

As long as we have a bet, we have a winner!

The Jackpot

100 LEO

The Jackpot is fixed to 100 LEO.

The Rules.

• provide your tip of the RUNE Price in US$ (Format $X.XX) with two decimals as a comment until Saturday 23:59 CET
• only one tip per account allowed per individual user; multi-account-users shall only comment with one account, multiple comments lead to disqualification
• the tip that is closest to the reference price will win the weekly price
• if there are two tips equally near to the winning value, the one that is given earlier is the winning one
• a tip that is precisely on the spot with the reference price will win the Jackpot
• the reference price will be taken from Coingecko; (see the following reference)
  and rounded to two decimals
• prices are transferred directly to the winning account before publishing the next weekly post
• winners are announced in the respective section of the next game post

We had 30 valid bets in our last weekly RUNE guessing round and the tipps ranged from 4.75$ to 7.21$. @henruc had the right guess, $0.02 below the reference price. The bets in detail:

4.75 @jfang003
4.82 @lumpiadobo
5.20 @erikklok

5.28 @henruc winner

5.30 reference winning price

5.42 @hatdogsensei
5.50 @olaf.gui
5.55 @jhonnygo
5.51 @yova
5.57 @jorgebgt
5.59 @hjrrodriguez
5.60 @bntcamelo
5.64 @necho41
5.65 @rosauradels
5.66 @chrisparis
5.76 @yeckingo1
5.78 @littlebee4
5.84 @heros
5.88 @monsterbuster
5.90 @ferod23
5.91 @rebe.torres12
5.99 @fredkese
6.02 @oldmans
6.04 @j2e2xae
6.06 @imfarhad
6.07 @olivia08
6.52 @tokutaro22
6.95 @servelle
6.98 @jenam
7.00 @moretea
7.21 @anderssinho

Congratulations to @henruc who won this little game for the 1st time. Fortunately, @henruc reshared the post to double the win and got 30 LEO.

Good Luck

HALL OF FAME 2022

shout out to the players of the ETH and BTC guessing game:
@aiovo @ajanaku @akumagai @alovely @amigareaction @amr008 @an-man @bagofincome @barmbo @bitcoinflood @bntcamelo @chacald.dcymt @chrisparis @chuyster @cinygirl @coolkris @coquicoin @crazy-unicorn crrdlx @cst90 @dagger212 @daniella619 @danoskie @davedickeyyall @dragokazo @eliasg85 @emeka4 @emma001 @fabian98 @failingforwards @faithluck @fbpowers @finguru @gameofcrypto36 @ghua @gigil @grumbkow @hansvonkatte @harpreetjanda @hetty-rowan @hhayweaver @hykss @iamchuks @imfarhad @informationvault @irenavarroart @ismaelgranados @itsostylish @jane1289 @jeferybgomez @jfang003 @jhonnygo @jmehta @joemark @jorgebgt @josediccus @justinpencilz @khaleelkazi @kelseyimoh @kevinnag58 @kristin @lettingo @levi-miron @littlebee4 @master-lamps @mcoinz79 @mein-senf-dazu @mercurial9 @micheal87 @minimining @miriammarga @mlrequena78 @monbijou @moretea @mrf83 @mypathtofire @nathen007 @necho41 @no-advice @notak @officialhisha @olddessauer @olivia08 @olympicdragon @oscarpower55 @owlpalace @plint @preparedwombat @podewils @rebe.torres12 @repayme4568 @revise.leo @riandeuk @rikolo @rosauradels @rossbach @sagardyola @samuelvoncocceji @sarahdavis @schindmaehre @shitsignals @silesiaglogau @sinistry @sondershausen @steemstreems @stevescoins @takimn @tengolotodo @thecryptodave @thomashnblum @tfranzini @tokutaro22 @trangbaby @ugomarcel @vanidike @vikbuddy @williamtboy @whispertamesth1 @wofaipeace @yeckingo1 @youngelder @yova @zastrowe

Spinvest is an Investment Club, based on the HIVE blockchain, and tokenized through the Hive-Engine platform.

Image by @mariosfame

Posted Using InLeo Alpha