The rune craze begins, reviewing 8 potential runes
The Bitcoin ecosystem is still in its early stages, with Bitcoin ETFs, halving, L2 chains, BRC-20, and others shaping the future.Author: Rekt Fencer, Crypto KOL
Compiled by: Felix, PANews
The Runes protocol provides a new way to issue fungible tokens on the Bitcoin network. As an alternative to the BRC-20 standard, it aims to simplify token creation and management while seamlessly integrating with Bitcoin infrastructure. The Runes protocol launched on April 20 and has achieved great success, with hundreds of Runes minted on the first day. Now that the halving is complete, the hype around Runes is growing. Crypto KOL Rekt Fencer has listed 8 Runes with "hundredfold" potential. Notably, some projects are already live, while others are yet to launch and can be viewed through the UniSat or OKX Wallet markets.
Fehu (FEHU)
Fehu is the first rune etched on Bitcoin.
- Market Cap: $2.14 billion
- Pre-mined: 99.99%
- Supply: 110,009,644
decentralized02 (DECENTRALIZED)
Rune #2 is supported by the NFT project CyberKongz. More detailed information about the tokenomics will be released soon.
- Pre-mined: 100%
- Supply: 21,000
Leonidas (DOG)
Rune #3 will be airdropped to Rune stone holders. The Rune stone snapshot was completed at block height 840,269. Each Rune stone NFT will receive an airdrop of 889,806 DOG runes, which will be automatically airdropped to users' wallets in the coming days without the need for a claim.
- Pre-mined: 100%
- Supply: 10 billion
SATOSHI • NAKAMOTO
Rune #6 is the first rune launched on Gate.
- Market Cap: $148.1 million
- Pre-mined: 20%
- Supply: 21 million
MEME • ECONOMICS
Rune #7 has also launched on Gate.
- Market Cap: $14.4 million
- Pre-mined: 20%
- Supply: 21 million
Runecoin (RSIC)
Rune #8 has garnered widespread attention and is the first project launched on Stakeland.
- Market Cap: $242.6 million
- Pre-mined: 100%
- Supply: 21 billion
Buoyant Capital (WOLF)
Rune #9 is supported by OG Binance traders. The tokenomics have been announced, 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 listings; and 7.5% reserved for marketing activities and partnerships.
- Pre-mined: 100%
- Supply: 21 billion
WankoManko (WANKO • MANKO • RUNES)
This rune has attracted attention due to its name and legend based on the founder of the Runes protocol, Casey.
- Market Cap: $22.3 million
- Pre-mined: 0%
- Supply: 75,250,000
Final Thoughts:
Do not underestimate the BTC ecosystem. A series of new projects have emerged over the past year, and many more are being built. Bitcoin ETFs, halving, L2 chains, BRC-20, etc., are all shaping the future of the Bitcoin ecosystem. The Bitcoin ecosystem is still in its early stages, so entering now could yield significant returns later.
