In a notable development for the cryptocurrency community, a project named RSIC airdropped 21,000 tokens as part of a 'game' to active users, primarily to holders of Bitcoin Puppets, Bitcoin Frogs, NodeMonkes, and OMB. The RSIC tokens, associated with the Runes protocol, are trading at values between 0.014 BTC to 0.03 BTC each, with one token even reaching a price of 0.02 BTC ($860). The airdrop distributed 80% of the supply to the community while retaining 20% for the project. The RSIC tokens serve as miners for the upcoming Runes tokens and have been touted as the 'first ever rune of Bitcoin.' The market capitalization of RSIC tokens reached approximately 21 million with a 0.025 floor, and later 25 million with a 0.03 floor. Trading volume has been significant, with over 52 BTC traded and only 508 listed out of the total 21,000. The floor price for an RSIC token has been noted at $1700. Concurrently, the Commoners project has impacted the Bitcoin network, with over 2,000 inscriptions in the mempool causing a delay of over 75 minutes for block processing. Approximately 75% of Commoners have been minted, with the uncommon sat floor price at 0.014 BTC on MagicEden.
About 75% of Commoners have been minted thus far... Ordinals which must be inscribed on uncommon sats. Mint has been going on for almost two hours. Current uncommon sat floor is 0.014 BTC on MagicEden (~$500). https://t.co/aJHxCaANT8
bitcoin had over a 75 minute gap between blocks being produced today probably a lot of people will disagree with me on this but that is functionally an outage https://t.co/cuyGdpoE7I
Wondering why that last Bitcoin block took so long? You can thank the Commoners. Over 75 minutes to process... https://t.co/N7jKdboL5g
Wondering why this last Bitcoin block is taking forever? You can thank the Commoners. 75 minutes and counting... https://t.co/N7jKdboL5g
Over 2,000 Commoner inscriptions in the mempool, and no block in 75 minutes. COMMONERS ARE BREAKING BITCOIN. https://t.co/0dkS7K0kzi
havnt bought any $RSIC, but happy to be farming with the one i got airdropped have my eyes on a different $BTC project atm ๐
if you own any $BTC Ordinals (especially from popular collections) check your wallet for one or multiple of these RSIC METAPROTOCOL they were airdropped about 24 hours ago, floor is $1700 right now.. each. https://t.co/AfJVELiWZ6
RSIC at 0.03 floor puts the marketcap of the eventual @rune_coin at about 25 million. Was at .015 this morning when @bongobongonft sold, so You Know itโs going to full send! This is a 10x short-term imo. NFA. DYOR lazy MFers. Ty OMB & ZK for the free drop. https://t.co/efu6wDyKJQ
Here's the alpha: Got airdropped 2 RSICs for my Inscribed Pepe ($3,000). Personally, I think these will run higher since they are the miners for the future token. But zooming out, collecting web3 "cultural" assets will be rewarded by the whole ecosystem (bonk, saga, OMB, etc). https://t.co/PIhUYWiqkH
Impressive RSIC volume today. 52+ BTC so far. Only 508 listed out of 21000 is impressive. Iโm holding the two I got airdropped and seeing what happens ๐ง https://t.co/WepTuCXzAB
Puppet, OMB, Pepe, and a few more Ordinals owners were airdropped mysterious inscriptions (RSIC). Some are speculating that its related to the upcoming $RUNES drop. One of these 21,000 is worth more than a Puppet itself ($1200). Pay attention to BTC. Thank you for the gifts ๐โโ๏ธ https://t.co/n8ZqqNa5tQ
RSIC at 0.025 floor puts the marketcap of the eventual @rune_coin at about 21 million. Something this unique, captivating, and exciting and itโs only at 21 million marketcap. $rats hit 250 million marketcap for context. Much higher. https://t.co/fdc1zrWPli
Hey Punks! You may want to check your wallets. Many active punk wallet addresses have received RSIC airdrops. If so, you will want to send this inscription to yourself in order to 'activate' it. Learn more here - @rune_coin
So let me get this straight.... A project called RSIC airdropped 80% of a 21,000 supply to Bitcoin Puppets, Bitcoin Frogs, NodeMonkes, and OMB holders. Then kept 20% of the supply. The promise is "this is the first ever rune of Bitcoin". If you listened to the most recentโฆ https://t.co/Eu0PZbRI7D
So let me get this straight.... A project called RCIS airdropped 80% of a 21,000 supply to Bitcoin Puppets, Bitcoin Frogs, NodeMonkes, and OMB holders. Then kept 20% of the supply. The promise is "this is the first ever rune of Bitcoin". If you listened to the most recentโฆ https://t.co/TstwSkbJHR
Got airdropped 4 @rune_coin RSIC meta protocols because Iโm a degenerate @lepuppeteerfou Bitcoin Puppet holder. Steady lads. World peace + generational wealth incoming https://t.co/zXvFllvo4g
Last night 21,000 Ordinals were randomly airdropped for free. I received 3. It's for the start of a game by @rune_coin. Once these Ordinals are transferred, they activate & begin mining runes. Already trading for 0.02 BTC ($860) each with huge volume. Are you going to play? https://t.co/W0bm58e1il
BTC NFT traders - Check your wallets ๐ฃ Last night, 21,000 RSIC Metaprotocol tokens were airdropped to active users. They are trading at 0.014 BTC and flying this morning. The project is tied to the Runes protocol and features a game. https://t.co/FFF9umn47K
BREAKING: The person who just airdropped 21,000 inscriptions to the Ordinals community just published this on-chain message explaining that it's part of a "game" called RSIC where holders will be allocated future Runes tokens. Read the rules here: โ https://t.co/Z8DjE8fotT https://t.co/SeE5oOB2Gk