The rune craze begins, taking stock of 8 potential runes

The Runes protocol provides a new method for issuing fungible tokens on the Bitcoin network. As an alternative to the BRC-20 standard, it is designed to simplify token creation and management while seamlessly integrating with Bitcoin infrastructure. The Runes protocol went live on April 20 and has been a huge success. Hundreds of Runes were minted on the first day. Now that the halving has been completed, the rune hype is getting hotter and hotter. Crypto KOL Rekt Fencer counts 8 runes with “hundred times” potential. It is worth noting. Some projects are already online and some are not yet online and can be viewed through the UniSat or OKX Wallet markets.

Fehu (FEHU)

Fehu was the first rune etched on Bitcoin.

• Market Cap: $2.14 billion
• Pre-mined: 99.99%
• Supply: 110,009,644

decentralized02 (DECENTRALIZED)

Rune #2 (Rune No. 2) is supported by NFT project CyberKongz. More details on token economics will be released soon.

• Pre-mining: 100%
• Supply: 21,000

Leonidas (DOG)

Rune #3, will be airdropped to Rune stone holder. Rune stone snapshot has been completed at block height 840,269. Each Rune stone NFT can receive 889,806 DOG runes airdropped. DOG will be automatically airdropped to the user's wallet in the next few days, and there is no need to apply for it.

• Pre-mining: 100%
• Supply: 100 billion

SATOSHI • NAKAMOTO

Rune #6 is the first Gate to go online A rune.

• Market Cap: 148.1 million USD
• Pre-mining: 20%
• Supply: 21 million

MEME • ECONOMICS

Rune #7 is also available on Gate.

• Market cap: $14.4 million
• Pre-mine: 20%
• Supply: 21 million

Runecoin (RSIC)

Rune #8 has attracted a lot of attention and is the first project to be launched on Stakeland.

• Market cap: $242.6 million
• Pre-mine: 100%
• Supply: 21 billion

Buoyant Capital (WOLF)

Rune #9 is powered by OG Binance traders. Token economics have been announced so far, with 17.5% allocated to Rune Door holders; 55% allocated to Rune stone holders; 5% allocated to holders of both Rune Door and Rune stone; 10% reserved for Exchange listing; 7.5% will be reserved for marketing activities, cooperation, etc.

• Pre-mining: 100%
• Supply: 21 billion

WankoManko (WANKO • MANKO • RUNES)

This rune It has attracted attention because its name and legend are based on Casey, the founder of Rune Protocol.

• Market Cap: $22.3M
• Premine: 0%
• Supply: 75,250,000

Final Thoughts:

Don’t underestimate the BTC ecosystem. A slew of new projects have emerged over the past year, with more on the way. Bitcoin ETFs, halvings, L2 chains, BRC-20, and more are shaping the future of the Bitcoin ecosystem. It’s still early days for the Bitcoin ecosystem, so getting in now could pay off hugely later.

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