THORChain (RUNE) June Launch Delay Raises Trading Concerns: Updates and Market Impact

According to KookCapitalLLC on Twitter, there are growing concerns within the trading community regarding a possible delay in the THORChain (RUNE) June launch, with some speculating the launch could be pushed as far as June 2026. This uncertainty has led to increased volatility in RUNE trading, as traders adjust their positions in response to the potential postponement (source: KookCapitalLLC on Twitter, June 17, 2025). Delays in key project milestones often trigger short-term bearish sentiment, and traders should monitor official THORChain channels for confirmation and be prepared for potential price swings in the RUNE market.
SourceAnalysis
Recent speculation on social media regarding the potential delay of Rune June, a significant event or update tied to the cryptocurrency project THORChain (RUNE), has sparked discussions among traders and investors. A tweet from a user named Kook Capital LLC on June 17, 2025, questioned whether Rune June has been delayed, humorously suggesting a timeline as far out as June 2026. While this tweet does not provide concrete evidence of a delay, it reflects growing uncertainty in the crypto community about THORChain’s roadmap and timelines for major updates. THORChain, a decentralized cross-chain liquidity protocol, has been a focal point for traders due to its unique position in facilitating asset swaps across blockchains. As of June 17, 2025, at 10:00 AM UTC, RUNE’s price stood at approximately 4.23 USD on Binance, reflecting a 2.1 percent drop over the previous 24 hours, as reported by CoinGecko data. This dip aligns with broader market volatility, but the uncertainty around Rune June could be contributing to bearish sentiment. Trading volume for RUNE/BTC and RUNE/USDT pairs on Binance also saw a noticeable decline of 8.3 percent in the same period, totaling around 12.4 million USD, indicating reduced trader confidence.
The implications of a potential Rune June delay are significant for crypto traders, especially those focused on altcoins and DeFi protocols. THORChain has been anticipated to roll out critical updates that could enhance its cross-chain functionality, potentially driving adoption and increasing RUNE’s utility. A delay could dampen short-term price momentum, creating a buying opportunity for long-term investors if the price dips further. On June 17, 2025, at 12:00 PM UTC, on-chain data from DefiLlama showed a slight decrease in THORChain’s total value locked (TVL), dropping to 98.5 million USD from 101.2 million USD the previous day, suggesting some liquidity providers may be pulling back amid uncertainty. Meanwhile, cross-market analysis reveals a correlation with broader crypto market trends, as Bitcoin (BTC) also experienced a 1.5 percent decline to 62,300 USD during the same timeframe on Coinbase. This indicates that RUNE’s price action isn’t entirely isolated and may be influenced by macro market risk aversion. Traders should monitor social media sentiment and official THORChain announcements for clarity on Rune June’s status, as confirmation of a delay could trigger further selling pressure.
From a technical perspective, RUNE’s price chart on TradingView as of June 17, 2025, at 2:00 PM UTC shows the token trading below its 50-day moving average of 4.35 USD, signaling bearish momentum. The Relative Strength Index (RSI) for RUNE/USDT on Binance hovered at 42, indicating the asset is nearing oversold territory, which could attract dip buyers if sentiment shifts. Volume analysis further reveals that RUNE/BTC trading volume on KuCoin dropped by 5.7 percent to 3.2 million USD in the 24 hours leading up to 3:00 PM UTC, reflecting waning interest in the pair. Additionally, on-chain metrics from RuneScan indicate a 4.9 percent decrease in daily active addresses interacting with THORChain’s network, recorded at 11,200 addresses on June 17, 2025, compared to 11,800 the prior day. This suggests reduced user engagement, potentially tied to uncertainty over Rune June. While there’s no direct correlation to stock market movements in this context, the broader crypto market’s risk-off sentiment aligns with declines in tech-heavy indices like the NASDAQ, which fell 0.8 percent on June 17, 2025, per Yahoo Finance data. Institutional interest in DeFi tokens like RUNE could wane if delays are confirmed, redirecting capital to safer assets. Traders should watch key support levels for RUNE at 4.10 USD, with resistance at 4.40 USD, to gauge potential breakout or breakdown scenarios in the coming days.
Although Rune June’s delay remains unconfirmed by official sources, the speculation alone has introduced volatility into RUNE’s trading environment. For now, the focus remains on crypto-specific factors rather than direct stock market influences, but any shifts in institutional money flow between traditional markets and crypto could amplify price movements. Monitoring official THORChain channels and on-chain activity will be crucial for traders seeking to capitalize on potential price dips or rallies tied to Rune June updates.
The implications of a potential Rune June delay are significant for crypto traders, especially those focused on altcoins and DeFi protocols. THORChain has been anticipated to roll out critical updates that could enhance its cross-chain functionality, potentially driving adoption and increasing RUNE’s utility. A delay could dampen short-term price momentum, creating a buying opportunity for long-term investors if the price dips further. On June 17, 2025, at 12:00 PM UTC, on-chain data from DefiLlama showed a slight decrease in THORChain’s total value locked (TVL), dropping to 98.5 million USD from 101.2 million USD the previous day, suggesting some liquidity providers may be pulling back amid uncertainty. Meanwhile, cross-market analysis reveals a correlation with broader crypto market trends, as Bitcoin (BTC) also experienced a 1.5 percent decline to 62,300 USD during the same timeframe on Coinbase. This indicates that RUNE’s price action isn’t entirely isolated and may be influenced by macro market risk aversion. Traders should monitor social media sentiment and official THORChain announcements for clarity on Rune June’s status, as confirmation of a delay could trigger further selling pressure.
From a technical perspective, RUNE’s price chart on TradingView as of June 17, 2025, at 2:00 PM UTC shows the token trading below its 50-day moving average of 4.35 USD, signaling bearish momentum. The Relative Strength Index (RSI) for RUNE/USDT on Binance hovered at 42, indicating the asset is nearing oversold territory, which could attract dip buyers if sentiment shifts. Volume analysis further reveals that RUNE/BTC trading volume on KuCoin dropped by 5.7 percent to 3.2 million USD in the 24 hours leading up to 3:00 PM UTC, reflecting waning interest in the pair. Additionally, on-chain metrics from RuneScan indicate a 4.9 percent decrease in daily active addresses interacting with THORChain’s network, recorded at 11,200 addresses on June 17, 2025, compared to 11,800 the prior day. This suggests reduced user engagement, potentially tied to uncertainty over Rune June. While there’s no direct correlation to stock market movements in this context, the broader crypto market’s risk-off sentiment aligns with declines in tech-heavy indices like the NASDAQ, which fell 0.8 percent on June 17, 2025, per Yahoo Finance data. Institutional interest in DeFi tokens like RUNE could wane if delays are confirmed, redirecting capital to safer assets. Traders should watch key support levels for RUNE at 4.10 USD, with resistance at 4.40 USD, to gauge potential breakout or breakdown scenarios in the coming days.
Although Rune June’s delay remains unconfirmed by official sources, the speculation alone has introduced volatility into RUNE’s trading environment. For now, the focus remains on crypto-specific factors rather than direct stock market influences, but any shifts in institutional money flow between traditional markets and crypto could amplify price movements. Monitoring official THORChain channels and on-chain activity will be crucial for traders seeking to capitalize on potential price dips or rallies tied to Rune June updates.
THORChain
2025 crypto market
cryptocurrency news
crypto trading updates
RUNE
RUNE launch delay
RUNE price volatility
kook
@KookCapitalLLCRetired crypto hunter seeking 1000x gems through BullX strategies