“Developers Announce Three Airdrops, Runestone Market Cap Surpasses BAYC, Setting a New Record”
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Runestone Floor Price Hits New High
Ordinals Developers Announce Three Airdrops
Is Bitcoin Chain’s “Issuing Coins” the Key to the Bull Market?
Runestone Floor Price Hits New High
CoinGecko
Data shows that the price of the Bitcoin Rune project has increased by more than 20% in the past 24 hours, reaching 0.0741 BTC (approximately $5,286), with a market value of $590 million, surpassing Boring Apes’ $413 million (floor price of 11.8 ETH).
Ordinals Developers Announce Three Airdrops
Ordinals developer Leonidas recently announced on Twitter that Runestone holders will receive three types of meme coin airdrops.
Two of the airdrops will be released in April and this year, respectively, while the third airdrop will be issued after Runestone becomes a top meme coin hub, and one of them will be a meme coin related to dogs.
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He also mentioned that DOGE, SHIB, and WIF will have difficulty competing with meme coins on the Bitcoin chain. He said:
Runestone is unstoppable, and the freedom and fairness of its issuance mechanism is a movement. Everyone is not ready to embrace the future of Bitcoin.
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Apart from the inscription, how can the Rune protocol drive market speculation again?
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Is “Issuing Coins” on the Bitcoin Chain the Key to the Bull Market?
Runestone initially conducted airdrops in the form of inscriptions in February this year, with prices rising from $1,300 in over-the-counter transactions to $5,000 (0.074 BTC).
However, it rose to 0.89 BTC for a while in early March (NodeMonkes), and the current price has also dropped to 0.52 BTC.
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NodeMonkes’ floor price is approaching 1 BTC, surpassing Boring Apes as the second-largest NFT project
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Different opinions exist among market participants regarding the birth of the Runes protocol. Binance recently announced its withdrawal from the Bitcoin NFT market and its lack of support for Runestone.
DeFi researcher Ignas believes that Ordinals and Runes are significant innovations in this bull market cycle and urges investors to quickly understand the overall ecosystem.
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No More Playing! Binance Will Stop Bitcoin NFT Trading and Recharging Services, Will Not Support Runestone
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BAYC
Runestone
Bitcoin
Further Reading
No More Playing! Binance Will Stop Bitcoin NFT Trading and Recharging Services, Will Not Support Runestone
After Years of Not Investing Fiat, How Did Researcher Ignas Achieve Hundredfold Returns Through Coin Rolling?
