Exploring the Runes Ecosystem: An Investment Guide to Six Popular Tokens
Forward the Original Title‘「符文币」怎么炒？一文盘点六个Rune协议热门代币’
TL;DR
The Runes ecosystem is highly expected. What projects are currently worthy of attention?
The launch of the Runes mainnet has garnered significant attention, revitalizing the crypto market following several days of adjustments. The coinciding events of the Runes launch and Bitcoin’s fourth halving have led to substantial rewards for miners. They benefited from the popularity of Runes and the surge in Gas, even before they could dwell on the reduced mining rewards. The internet is filled with jokes about “recharge 1000u, profit 10u”, continuously prompting retail investors to seek new opportunities.
Even before Runes launched its mainnet, its ecosystem already had nearly one billion dollars in market value of assets and more than 20 infrastructure platforms. Today, new projects of the Runes protocol are frequently launched. To support Runes, various Bitcoin ecological tools have been successively connected to the Runes network, and the NFT market Magic Eden has also launched Runes, with expectations running high.
To help the community find Alpha opportunities on Runes, BlockBeats has written articles explaining the method of using various tools to cast runes, including the introduction of Runes 0-9. In addition to Runes 0-9, what other investment opportunities are there? In this article, BlockBeats has selected 6 Runes tokens that are currently worth paying attention to for introduction.
WANKO•MANKO•RUNES
On April 21st, the rune WANKO•MANKO•RUNES ended minting. The total supply is 75,250,000 pieces. 10,000 pieces can be minted at a time. 19,000 pieces have been burned so far. There is no pre-mining for this rune, something Ordinals founder Casey agrees with.
In addition, the Rune official website also displays a meme article signed by Casey Rodarmor. After investigation, the article was a short story published by Casey Rodarmor on his personal blog in 2021. Casey also forwarded the rune-related tweets many times.
According to SatoSea data, the address ranked first in rune casting minted 254 runes at a cost of US$58,000. Based on the current market price of US$0.48, the current price of these runes has reached US$1.21 million. The token is currently listed on the Gate exchange, with a market capitalization of approximately $31 million at the time of writing. It surged as high as $0.69 within 3 hours of opening and then fell back.
BITCOIN•PEPE•MATRIX
BITCOIN•PEPE•MATRIX was deployed on April 21, 2024. The total supply is 6,942,069,420 pieces. There is no pre-mining. 69,420 pieces can be minted at a time. Currently, 69,420 pieces have been minted and burned. At the time of writing, the number of currency holders is nearly 17,000. When ranking the runes according to the number of currency holders, this rune ranks fourth.
It is reported that BITCOIN•PEPE•MATRIX has increased 15 times overnight, with a market value of approximately US$3.5 million at the time of writing. The project uses the magical pepe emoticon package and the 69 420 concept mentioned by Musk before, attracting a lot of attention.
MEMEPOOL•SPACE
Each MEMEPOOL•SPACE contains 20,000 tokens, with a total token supply of 2.1 billion, and no pre-mining.
MEMEPOOL•SPACE was created by Seattle-based designer Billy Restey, who has worked on several Inscription projects. MEMEPOOL•SPACE was deployed on April 23rd, immediately became the 5th largest rune within 7 hours of starting casting, and has now been fully minted.
ANARCHO•CATBUS
The rune is derived from the ANARCHO-CATBUS mentioned in Casey’s Twitter introduction. The rune was deployed on April 20, 2024, with a total supply of 21,000,000, and 2100 can be minted at a time. Of the total supply of ANARCHO-CATBUS, 210,000 are used for pre-mining, with a market capitalization of approximately $7 million at the time of writing.
According to Unisat data, ANARCHO•CATBUS’s single-day trading volume exceeded 7 Bitcoins, ranking fifth in the rune trading volume rankings, with a 24-hour increase of 227.81%.
SEPPUKU•IN•MAY•AND•GO•AWAY
The total supply of SEPPUKU•IN•MAY•AND•GO•AWAY is 21,000,000 pieces, 100,000 pieces are pre-mined, and 1,000 pieces can be minted at a time.
The rune was deployed on April 24, 2024. On the day of deployment, Ordinals founder Casey posted on the social media platform to express his concern for the rune. Or perhaps influenced by this, SEPPUKU•IN•MAY•AND•GO•AWAY was quickly minted out within four hours of deployment.
THE•GOD•OF•BITCOIN
THE•GOD•OF•BITCOIN each contains 100,000 tokens, with a total supply of 16,113,500,000 tokens, of which 15 billion are pre-mined supplies for airdrops to wallets that activate the totem. THE•GOD•OF•BITCOIN was deployed on April 21st and is currently 76.73% minted.
BlockBeats reminds users that Runes are new tokens in the Bitcoin ecosystem and have no actual value yet. The price fluctuates greatly, and users should be aware of the risks.
statement:
This article is reproduced from [theblockbeats )], the original title is “How to speculate on “Rune Coin”? An article counting six popular tokens of the Rune protocol”, the copyright belongs to the original author [Frost
、Luccy], if you have any objection to the reprint, please contact Gate Learn Team “Gate Learn Team”), the team will handle it as soon as possible according to relevant procedures.
Disclaimer: The views and opinions expressed in this article represent only the author’s personal views and do not constitute any investment advice.
Other language versions of the article are translated by the Gate Learn team, not mentioned in Gate.io), the translated article may not be reproduced, distributed or plagiarized.
How to speculate on “Wenbi”? One article to review six popular Rune protocol tokens
Disclaimer：
- This article is reprinted from [Theblockbeats ]. Forward the Original Title‘「符文币」怎么炒？一文盘点六个Rune协议热门代币’. All copyrights belong to the original author [Luccy]. If there are objections to this reprint, please contact the Gate Learn team, and they will handle it promptly.
- Liability Disclaimer: The views and opinions expressed in this article are solely those of the author and do not constitute any investment advice.
- Translations of the article into other languages are done by the Gate Learn team. Unless mentioned, copying, distributing, or plagiarizing the translated articles is prohibited.
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Exploring the Runes Ecosystem: An Investment Guide to Six Popular Tokens
Forward the Original Title‘「符文币」怎么炒？一文盘点六个Rune协议热门代币’
TL;DR
The Runes ecosystem is highly expected. What projects are currently worthy of attention?
The launch of the Runes mainnet has garnered significant attention, revitalizing the crypto market following several days of adjustments. The coinciding events of the Runes launch and Bitcoin’s fourth halving have led to substantial rewards for miners. They benefited from the popularity of Runes and the surge in Gas, even before they could dwell on the reduced mining rewards. The internet is filled with jokes about “recharge 1000u, profit 10u”, continuously prompting retail investors to seek new opportunities.
Even before Runes launched its mainnet, its ecosystem already had nearly one billion dollars in market value of assets and more than 20 infrastructure platforms. Today, new projects of the Runes protocol are frequently launched. To support Runes, various Bitcoin ecological tools have been successively connected to the Runes network, and the NFT market Magic Eden has also launched Runes, with expectations running high.
To help the community find Alpha opportunities on Runes, BlockBeats has written articles explaining the method of using various tools to cast runes, including the introduction of Runes 0-9. In addition to Runes 0-9, what other investment opportunities are there? In this article, BlockBeats has selected 6 Runes tokens that are currently worth paying attention to for introduction.
WANKO•MANKO•RUNES
On April 21st, the rune WANKO•MANKO•RUNES ended minting. The total supply is 75,250,000 pieces. 10,000 pieces can be minted at a time. 19,000 pieces have been burned so far. There is no pre-mining for this rune, something Ordinals founder Casey agrees with.
In addition, the Rune official website also displays a meme article signed by Casey Rodarmor. After investigation, the article was a short story published by Casey Rodarmor on his personal blog in 2021. Casey also forwarded the rune-related tweets many times.
According to SatoSea data, the address ranked first in rune casting minted 254 runes at a cost of US$58,000. Based on the current market price of US$0.48, the current price of these runes has reached US$1.21 million. The token is currently listed on the Gate exchange, with a market capitalization of approximately $31 million at the time of writing. It surged as high as $0.69 within 3 hours of opening and then fell back.
BITCOIN•PEPE•MATRIX
BITCOIN•PEPE•MATRIX was deployed on April 21, 2024. The total supply is 6,942,069,420 pieces. There is no pre-mining. 69,420 pieces can be minted at a time. Currently, 69,420 pieces have been minted and burned. At the time of writing, the number of currency holders is nearly 17,000. When ranking the runes according to the number of currency holders, this rune ranks fourth.
It is reported that BITCOIN•PEPE•MATRIX has increased 15 times overnight, with a market value of approximately US$3.5 million at the time of writing. The project uses the magical pepe emoticon package and the 69 420 concept mentioned by Musk before, attracting a lot of attention.
MEMEPOOL•SPACE
Each MEMEPOOL•SPACE contains 20,000 tokens, with a total token supply of 2.1 billion, and no pre-mining.
MEMEPOOL•SPACE was created by Seattle-based designer Billy Restey, who has worked on several Inscription projects. MEMEPOOL•SPACE was deployed on April 23rd, immediately became the 5th largest rune within 7 hours of starting casting, and has now been fully minted.
ANARCHO•CATBUS
The rune is derived from the ANARCHO-CATBUS mentioned in Casey’s Twitter introduction. The rune was deployed on April 20, 2024, with a total supply of 21,000,000, and 2100 can be minted at a time. Of the total supply of ANARCHO-CATBUS, 210,000 are used for pre-mining, with a market capitalization of approximately $7 million at the time of writing.
According to Unisat data, ANARCHO•CATBUS’s single-day trading volume exceeded 7 Bitcoins, ranking fifth in the rune trading volume rankings, with a 24-hour increase of 227.81%.
SEPPUKU•IN•MAY•AND•GO•AWAY
The total supply of SEPPUKU•IN•MAY•AND•GO•AWAY is 21,000,000 pieces, 100,000 pieces are pre-mined, and 1,000 pieces can be minted at a time.
The rune was deployed on April 24, 2024. On the day of deployment, Ordinals founder Casey posted on the social media platform to express his concern for the rune. Or perhaps influenced by this, SEPPUKU•IN•MAY•AND•GO•AWAY was quickly minted out within four hours of deployment.
THE•GOD•OF•BITCOIN
THE•GOD•OF•BITCOIN each contains 100,000 tokens, with a total supply of 16,113,500,000 tokens, of which 15 billion are pre-mined supplies for airdrops to wallets that activate the totem. THE•GOD•OF•BITCOIN was deployed on April 21st and is currently 76.73% minted.
BlockBeats reminds users that Runes are new tokens in the Bitcoin ecosystem and have no actual value yet. The price fluctuates greatly, and users should be aware of the risks.
statement:
This article is reproduced from [theblockbeats )], the original title is “How to speculate on “Rune Coin”? An article counting six popular tokens of the Rune protocol”, the copyright belongs to the original author [Frost
、Luccy], if you have any objection to the reprint, please contact Gate Learn Team “Gate Learn Team”), the team will handle it as soon as possible according to relevant procedures.
Disclaimer: The views and opinions expressed in this article represent only the author’s personal views and do not constitute any investment advice.
Other language versions of the article are translated by the Gate Learn team, not mentioned in Gate.io), the translated article may not be reproduced, distributed or plagiarized.
How to speculate on “Wenbi”? One article to review six popular Rune protocol tokens
Disclaimer：
- This article is reprinted from [Theblockbeats ]. Forward the Original Title‘「符文币」怎么炒？一文盘点六个Rune协议热门代币’. All copyrights belong to the original author [Luccy]. If there are objections to this reprint, please contact the Gate Learn team, and they will handle it promptly.
- Liability Disclaimer: The views and opinions expressed in this article are solely those of the author and do not constitute any investment advice.
- Translations of the article into other languages are done by the Gate Learn team. Unless mentioned, copying, distributing, or plagiarizing the translated articles is prohibited.
Related articles
What Are Altcoins?
BTC and Projects in The BRC-20 Ecosystem