The market for Runes, a type of fungible token on the Bitcoin blockchain, is experiencing significant activity. The leading token, DOG•GO•TO•THE•MOON, has seen a substantial increase in value, now holding a market cap of $421.3 million, up 29.7%. Other notable tokens include RSIC•GENESIS•RUNE, up 8% to $212 million, and PUPS•WORLD•PEACE, with a market cap of $174.4 million. Binance is expected to list Runes, which could further impact their market performance. Despite initial underperformance, there is optimism about the future of these tokens. The overall market cap for Runes is approximately $1 billion, which some consider undervalued given their potential on the Bitcoin network. Additional tokens such as RUNES•X•BITCOIN and SATOSHI•NAKAMOTO have also shown significant gains.
Top 10 Runes by Market Cap 1. DOG•GO•TO•THE•MOON: $421.3M +29.7% 2. RSIC•GENESIS•RUNE: $217.6M +11.1% 3. PUPS•WORLD•PEACE: $174.4M -6.7% 4. RUNES•X•BITCOIN: $41.6M +36.2% 5. DECENTRALIZED: $39.3M +8.6% 6. SATOSHI•NAKAMOTO: $38.1M +25.7% 7. EPIC•EPIC•EPIC•EPIC:…
Runes are cooking today 📈 DOG leading the way +28% to $412M RSIC +8% to $212M The NAKAMOTO tokens up 18% and 24% And PUPS continuing their march to 0 https://t.co/9WxbBD4MF1
$DOG is now more valuable than the combined market cap of the 2nd and 3rd Runes. Runes next leg up is imminent 🤌 https://t.co/VtztOQxIMM
After being flipped by $RSIC and $PUPS momentarily at the bottom $DOG is now almost double the market cap of the 2nd most valuable Runes https://t.co/l7BLEGGBlv
RUNES market cap being ~1B is pretty hilarious. It's not even comparable to 1 meme on SOL or ETH. Seems also quite likely that both Ordinals and RUNES will perform as BTC beta. RSIC, DOG, PUPS seem to have higher chances of being RUNES market proxy.
Today's Top Traded Runes on Runevo 1. DOG•GO•TO•THE•MOON 2. PUPS•WORLD•PEACE 3. RSIC•GENESIS•RUNE 4. DECENTRALIZED 5. SATOSHI•NAKAMOTO Buys powered by @MEonBTC https://t.co/2nZdsnhZBW
Runes did not live up to the hype at launch. However, I believe there is upside as memecoins on BTC, the top one still being under 500 M market cap. Holdings: ▣ PUPS•WORLD•PEACE ▣ MAGIC•INTERNET•MONEY ▣ EPIC•EPIC•EPIC•EPIC ▣ WANKO•MANKO•RUNES ▣ RSIC•GENESIS•RUNE
Binance will list Runes I remember their BRC-20 tweets, weeks before they listed ORDI. Seeing the same with Runes. Patience & conviction. Quite frankly, only $1 billion collective market cap is a joke at the moment. These are freaking tokens on Bitcoin. 1 month in. FEW
Runes market large caps $Dog & $Runecoin experience turns of tides first. 🐕: up 0.0022 USD to 0.0031 USD Runecoin: up 0.06 to 0.1 USD. Better get informed what fungible tokens (MC below 1bn USD overall) on 1.3 trillion USD Bitcoin chain mean. No excuses in a year from now! https://t.co/qbf7ZbbJuj