The cryptocurrency community has seen a significant surge in activity following the recent Bitcoin halving, particularly with the introduction of Bitcoin Runes. This new token standard has sparked widespread interest, leading to a historic high in Bitcoin's daily active traders reaching 25.6k on April 18, in anticipation of the Runes launch. However, the number of traders dipped to around 7k by April 20, post-launch. Magic Eden quickly became the leading platform for Runes transactions, achieving over $29 million in volume within just three days. Additionally, a notable trend in the Runes space is the etching of 'CryptoPunks' into Runes, with some attempting to create a unique collection of 10,000 'Rune Punks'. This activity highlights the community's innovative approaches to leveraging the new Runes protocol on the Bitcoin network.
One interesting application of runes could be art editions on bitcoin. Etch your art into a rune and set the supply to the desired # of editions. Either pre-mine the entire supply and sell them yourself or pre-mine a portion and allow others to mint the rest for free.
ICYMI: Curious about Bitcoin Runes? It's revolutionizing the BRC-20 token standard, enhancing efficiency in Bitcoin-native assets. With Ordinals paving the way in 2023, Runes Protocol emerges in 2024. Explore the innovation: ↓ https://t.co/AZnQCGe4os
Runes has accounted for more than two-thirds of transactions since the Bitcoin halving H/T Binance Research
Post-Runes price action on the "Big 4" is fascinating to watch Sales in the last 24 hrs: - Node Monkes: 3 - Ordinal Maxi Biz: 5 - Quantum Cats: 3 - Bitcoin Puppets: 19 Volume is back down to earth, ~$6.8 million in the last 24 hrs led by Prometheans, Rune Punks, & Runestone… https://t.co/aFn5XwcgGw
$DOG on top https://t.co/D3diVIJEff
Top 10 Runes by Market Cap 1. DOG•GO•TO•THE•MOON: $471.1M +29.4% 2. RSIC•GENESIS•RUNE: $266.5M +22.7% 3. SATOSHI•NAKAMOTO: $60.4M +7.1% 4. LOBO•THE•WOLF•PUP: $47.4M +19.8% 5. Z•Z•Z•Z•Z•FEHU•Z•Z•Z•Z•Z: $26.4M - 12.7% 6. WANKO•MANKO•RUNES: $15.8M +2.1% 7.…
$DOG on Bitcoin is the 8th largest memecoin
The difference between $DOG and every other memecoin is that $DOG is on a chain with $1.2 trillion of liquidity
$DOG is the #8 memecoin in the world by market cap and all 7 in front of us are listed on Binance Want to go to the moon together @binance? https://t.co/p4Pv5fVcfr
Is $DOG the new $DOGE? https://t.co/iHxaTHxxQB
$DOG is now the 8th largest memecoin in the world and here is its flippening progress: $BOME: 88.1% $FLOKI: 29.1% $BONK: 29.1% $WIF: 17.7% $PEPE: 16.1% $SHIB: 3.3% $DOGE: 2.3%
Only 9 memecoins have ever achieved a 1 billion dollar market cap in the history of crypto Is $DOG about to become the 10th?
$DOG on bitcoin is such an obviously play. It's on bitcoin #3 Rune token cemented itself as the top dog coin (on btc) all exchanges will eventually list it dumb AF ticker. it's so bad it's good. simple for normies oh and it's on bitcoin
$DOG on bitcoin is such an obviously play. It's on bitcoin #3 Rune token cemented itself as the top dog coin all exchanges will eventually list it dumb AF ticker. it's so bad it's good. simple for normies oh and it's on bitcoin
$BTC Runes Charts are here!!! Gotta start somewhere and finally we can have some charts to look at for Runes data. For example here is the chart for $DOGgototheMoon and which platforms it is trading on. @LeonidasNFT https://t.co/2gfuswZslp
RUNES GENERATE $135M IN TRANSACTION FEES IN FIRST WEEK Developed by Casey Rodarmor, who also created the Ordinals protocol, Runes leverages the Bitcoin UTXO model and OP_RETURN opcode for efficient tokenization, surpassing the capabilities of the BRC20 standard. Since its… https://t.co/kkHqCTum6D
WTF is happening with $DOG??🤯 a spike of 35% in just an HOUR!🐕🔥 https://t.co/l9vmySnoO4
$DOG is back at half a billion One billion next You are not ready https://t.co/Xzy6xVkiSG
$DOG is UP 20% from its ATL in the last 11 hrs green candles are coming, get ready!🐕 🚀 https://t.co/uhgPR8DHoA
$RUNES projects Im looking to buy Where are my runes degens, if you had to pick one which one would you pick. 🤔 A Runestone - $1500 $DOG to the moon - $1500 $RSIC - $2500 $PUPS - $1500 https://t.co/t8Y0o3OhU0
The two primary narratives of this cycle are memecoins and Bitcoin and $DOG is a memecoin on Bitcoin This 6 week old Shiba Inu puppy in an orange hoodie repping the Bitcoin symbol on its chest was built to become the face of this cycle It's time to onboard the masses to Bitcoin
The hardest part will be hitting $1B But if we pull it off then $DOG is designed to be a $DOGE flipping machine and the rest just takes care of itself Right now only crypto natives hold $DOG At $1B the media coverage begins and the masses see this cute face for the first time https://t.co/xber0H7LKE
When the $DOG community first decided that our goal was to flip $DOGE people rightfully thought we were crazy But with CEX listings coming in every day and having firmly secured #1 memecoin on Bitcoin more and more people are starting to believe Every cycle has a miracle
When the $DOG community first decided that our goal was to flip $DOGE people rightfully thought we were crazy But with CEX listings coming in every day and having firmly securing #1 memecoin on Bitcoin more and more people are starting to believe Every cycle has a miracle
Here's what's interesting about Rune Punks. Ordinals is a numbering system for Bitcoin and Inscriptions. The market values numbers, as we see in sub 10k inscriptions and Bitcoin Punks. Runes is a new (protocol level) numbering system for Runes and Inscriptions. Runes provides a…
Happening now!! 👀 #runes #ordinals https://t.co/5aaumnyWf0
The Birth of Art on Runes "ART•IS•THE•TICKER is an artwork conceptualizing value, network effects and the financialization of art on chain. Representing the renaissance on Bitcoin" - @GordonBergerArt @ArtIsTheTicker The Basics. What are Runes even? • A 'Rune' is a new… https://t.co/c9EuoNW4bl
Choose your MEME 🐶 vs 🐱 $DOG vs $WEN DOG - Meme coin on $BTC at a $380,000,000 Million Marketcap WEN - Meme coin on $SOL at a $139,000,000 Million Marketcap Both have huge potential IMO 🤔 https://t.co/4tIWdE1VZK
Which Memecoin Can Become Bigger Than DOGE? $PEPE $FLOKI $KOKO $WIF $BONK 👇
We are $DOG And $DOG is all of us 🐕🟧🚀🌕 https://t.co/GeMH9WxoFl
📉🔍 #Halving hit different this time? The hash rate is the pulse to watch 👀 From soaring costs to tech giants battling for power—what’s really happening? Check out our latest #BitcoinMining research: https://t.co/9DKuY1bauT https://t.co/hQg8AxMI4W
🔸 Following the recent Bitcoin halving, explore how Bitcoin Runes could play a pivotal role in the network's future. Our detailed blog post breaks down everything you need to know ↓ https://t.co/abYklnanfQ
Bitcoin Halving and Runes Launch Recap🧠 📈 Runes over-hyped? 😬 Bitcoin Halving priced in? 🎯 Is it over, or are we so back? With guests @nayverfayver, @nft4dummies, @BitcoinBugsy, @Theordinalist, @HipHopRunes, and @theerealTdiddy 🙏👊 Full podcast 🎧⤵️… https://t.co/Gf5n56pp9s
RSIC has grown its holder base by nearly 100k from the @Memeland staking campaign. The @the_runedev donated 2% of the @rune_coin treasury towards the initiative bringing the team allocation down to 8%. Unique Holders: 500% 📈 Floor: 20% 📉 https://t.co/0AkKWYeDOG
What’s your take on the new token standard on Bitcoin: Runes?
the first deal brought to @Memeland stakers was @rune_coin ▣⛏️ i chose not to burn any steaks for RSIC•GENESIS•RUNE, even though i'm massively bullish on it why would i sit this one out?????? 🤔👇👇 $MEME stakers split 630mm rsic runes; total supply of rsic is 21Bn i… https://t.co/AYJCIbExU1
imo the $DOG coin of Bitcoin is an unbeatable narrative
If $DOG flips $DOGE everyone who holds 4.8M or more $DOG will become a millionaire
$DOG is a $380M memecoin on a blockchain with $1.24T of liquidity $DOGE is a $20B memecoin on a blockchain with $20B of liquidity This choice should not be difficult
$DOG is a $380M memecoin on a blockchain with $1.24 trillion of liquidity $DOGE is a $20B memecoin on a blochcain with $20 billion of liquidity This choice should not be difficult
OFFICIAL $DOG ROADMAP: 🐕🚀🌕 https://t.co/odd8LDy27M
$DOG is the #1 memecoin on the largest blockchain in the world I can't think of a single narrative that is more bullish than that All testnet dogs must bend the knee
$DOG is the #1 memecoin on the largest blockchain in the world I can't think of a single narrative that is bullish than that All testnet dogs must bend the knee
The thesis for $DOG is very straight forward The largest memecoin in the world should live on the largest blockchain in the world If this plays out $DOG will outperform $DOGE by 57x this cycle
Only a week since Runes launched. Today, on the seventh day, more Runes were etched than the previous six days combined! What's really interesting is that the market found a new use case for Runes. The Rune name and number associated with a Rune makes a great (provenance)…
$DOG is ready to take off! @binance are you ready? h/t @GandalfTheSat https://t.co/kTxp6gXXVc
RSIC•GENESIS•RUNE is now the most widely distributed Rune with over 104000 holders! @rune_coin's brilliant partnership with @Memeland has cast a wide net, bringing tens of thousands of ETH users to Bitcoin's new fungible token standard. A Masterclass in expansion, 1 week in. https://t.co/2UzOL3SLc3
Are you ready to send $DOG to the moon??? https://t.co/rA1pzewHZR
Who wants to tell em $DOG https://t.co/gRKLpCgb6i
We are living through an incredible moment right now You can acquire the top memecoin on Bitcoin at a $400M market cap I’m going to quote tweet this a year from now to dunk on all the people who faded $DOG and Runes
Interesting to follow which ordinal communities coalesce around which Runes memecoin. Learning more about the character, intention, and soul of each Bitcoiner every etching.
$DOG has one goal Flip $DOGE https://t.co/92kfVoT4m0
BRC20 memecoins remain to migrate to Runes 13 | PUPS•WORLD•PEACE | @PupsToken 15 | PIZZA•DELIVERY | @btcpizzaxyz 17 | MAGIC•INTERNET•MONEY | @mavensbot 795 | PEPE•IS•BITCOIN | @Pepe_Brc20 3368 | MAXI•RUNESTONE | @Brc20_Maxi Which one are you most bullish on??? https://t.co/V4Lq5Y38bo
There are more punks etched into runes than bitcoins in circulation by now you degens…
History doesn't repeat but it often does rhyme. Bitcoin Punks (Ordinals): #89 - #34399 Bitcoin Punks (Runes): #10909 - ???? NOTE: There are dozens of punk etchings prior to PUNK•FIVE•EIGHT•TWO•TWO but this is the first that followed the current format of full name. https://t.co/Apb6bkExBR
"Rune Punks" and "Crypto Punks on Runes" are etching simultaneously. https://t.co/Ufd7yBG8qi
rune punk etchings are basically treating runes as erc1155 with a supply of 1. by increasing the supply to 10 or 100 but keeping divisibility at 1, could this be a new approach for art editions on bitcoin?
BREAKING: People are mass etching thousands of Punks into Bitcoin as Runes with a max supply of 1 View newest etches here: → https://t.co/eIkcq9tVFu https://t.co/dAYTQITtyV
The new Bitcoin meta is to have a Rune name with your Ordinal Inscription on a rare Sat. 🤣
The new Bitcoin meta is to have a Rune name with your Ordinal Inscription.
The new Bitcoin meta is to have a Rune name with your Inscription.
Didn't take mfers long to etch Punks as single supply Runes https://t.co/4a4ARUNT6m
The sub 10k Rune inscriptions took about 5 days to mint out. The 10k "Rune Punks" is going to take about 5 hours! https://t.co/HzXlf6e6v5
Someone really trying to mint all 10k punks as 1/1 (supply=1) runes 👀 https://t.co/GXCh4lOBDi
We are live talking all things Runes, Ordinals and #Bitcoin. New voices always welcome on stage. Join us. https://t.co/AstsRFGEM3
Nearly a week after the halving, Bitcoin Runes have achieved a milestone as observers and participants alike deliberate over the impacts of this new standard https://t.co/pgdECXuuR1
In only 3 days Magic Eden has become the #1 Runes platform by daily volume. Over $29M transacted to date. Jobs not finished. https://t.co/o2vRJQk2gy
“@Bitcoin daily active traders reached a historical high at 25.6k on Apr. 18, in anticipation of the Runes launch. The number dipped immediately from ~25k on Apr. 19 to ~7k on Apr. 20 post-RUNE launch.” – @ournetwork | @kateli_nyc Chart via: @nftpulseorg https://t.co/uiA9l0gqXy
All roads lead back to punks. People are etching 1/1 Cryptopunks and essentially creating the first 10k runes collection. h/t @tnols82 https://t.co/pjVzeu0Kkx
We've had more Rune etchings in the last hour than we've ever had in any hour since the Bitcoin halving. Even more than the first hour of the halving. This is all because of this degen mint to be the first "first is first" 10k Rune inscriptions "collection." (Not counting the… https://t.co/O4VRCikyc1