How low can RUNE go?

THORChain downside map after the Binance hack pump · built 2026-10-30 16:06 UTC · not financial advice
Price
$0.632
24h range
0.584–0.712
30d
-20.7%
1y low
$0.321 (Jun 6)
Mcap / Vol
$209M / $65M
Hacker ETH on THOR
None yet

Not a stablecoin

RUNE looked stable this week because it sat in a 0.62–0.64 range before the hack. The hack pump to 0.723 has almost fully faded, and price is back at that pre-hack range. It is still a volatile alt: it fell from 0.86 to 0.32 over the past year and is down 21% in 30 days.

Price, last 120 days

How it loses

Most likely
The wash never comes, or goes elsewhere
The hacker can use other bridges, mixers or OTC desks. The ETH could also stay frozen or parked for weeks. Then the event premium bleeds out.
Market
BTC/equities roll over
RUNE has high beta. Bear case BTC 70–72K drags alts with it.
Even if it works
Sell-the-news fade
In the Bybit case RUNE ran about +38% in 5 days, then fully round-tripped.
Protocol
Halts or bad headlines
Nodes can pause ETH chain trading, and "laundering rail" headlines can draw pressure.

Decision tree

NowRUNE $0.63, no hacker flow yet
IF hacker ETH hits THOR router
Hold / add on the ping
Targets 0.72–0.75, 0.78, 0.845; runner to 0.9
IF quiet and 0.58 holds
Chop 0.58–0.66
Time stop: no flow in a few days means trimming
IF daily close under 0.579
Out, premium gone
Next 0.55, then 0.48 if market is weak

Trade plan

EntryHeld; add only on a confirmed THOR deposit, not on hope
InvalidationDaily close below 0.579 (about -8%)
Targets0.72–0.75 / 0.78 / 0.845 (+14% / +23% / +34%)
R:RAbout 1.7 : 1 to TP1, 4 : 1 to 0.845
Downside map0.579, then 0.55 (Dec–Feb base), then 0.48 (Aug), then 0.39–0.43 (mid-year)