The concept of the coin wizard and the puppet monkey soared against the trend, bringing a new round of explosion to the BTC ecosystem? 「BTC Ecology」

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Asher
1 months ago
This article is approximately 1049 words,and reading the entire article takes about 2 minutes
The WZRD token increased by more than 600% in 7 days, and the PUPS token increased by more than 1200% in 14 days.

Original | Odaily Planet Daily

Author | Asher

The concept of the coin wizard and the puppet monkey soared against the trend, bringing a new round of explosion to the BTC ecosystem? 「BTC Ecology」

Last week, the price of BTC fell back, which once brought down the entire altcoin market. However, when altcoins collectively plunged and some even believed that the bull market was over, several projects in the Bitcoin ecosystem Meme sector surged instead of falling. Among them, the most outstanding performances were Bitcoin Wizard and Rune Pups, which are based on the concept of graphic coins.

According to market data, as of today, the wizard WZRD token has reached a high of US$9.6, with an increase of more than 600% in 7 days, and is currently priced at US$7.76. The wizard NFT project Bitcoin Wizards has reached a high of around 0.3 BTC, with an increase of more than 370% in 7 days, and is currently priced at 0.21 BTC; the puppet monkey PUPS token has reached a high of US$73, with an increase of more than 1200% in 14 days, and is currently priced at US$54. The puppet monkey NFT project Rune Pups has reached a high of around 0.16 BTC, with an increase of more than 420% in 14 days, and is currently priced at 0.1 BTC.

So, what exactly caused the Bitcoin ecosystem Meme coin WZRD and PUPS, and NTF projects Bitcoin Wizard and Rune Pups to surge against the trend when the copycats collectively plunged? Below, Odaily Planet Daily takes you to review and analyze the past and present of the wizard and puppet monkey, which are combined with the concept of picture coins.

Bitcoin Wizard: Over 11 years of building wizard culture

Introduction

About Bitcoin Wizard, it is an Ordinal NFT project in the BTC ecosystem. It was created in March 2023 with a total of 1,337 pieces. The initial mint price was 0.005 BTC, and it has increased by 60 times so far. WZRD is the token of the Bitcoin Wizard project.

The wizard image in the Bitcoin Wizard project was created by artist @mavensbot on the evening of February 18, 2013 and posted in the reddit forum. Initially, the Magic internet Money created by mavensbot was the iconic advertisement announcing Bitcoin, and soon became one of the most popular advertisements in the forum. Therefore, the Ordinal NFT project Bitcoin Wizard was also created to celebrate the tenth anniversary of the release of the wizard image by artist mavensbot .

The concept of the coin wizard and the puppet monkey soared against the trend, bringing a new round of explosion to the BTC ecosystem? 「BTC Ecology」

Bitcoin Wizard

It can be said that in the Western world, the wizard is the most original and widely circulated Meme image in the BTC ecosystem.

Big and small wizards

Big Wizard and Little Wizard are two different projects in the BTC ecosystem, but these two concepts may confuse those who have just learned about Bitcoin Wizard. Therefore, Odaily Planet Daily combines official tweets, community information, etc. to analyze them for you.

The Bitcoin Wizard NFT series introduced above, commonly known as the Little Wizard by the community ( secondary market purchase link ), is a project co-founded by @udiWertheimer and mavensbot. Later, @udiWertheime and @ercwl , as founders, paid tribute to Bitcoin Wizard (Little Wizard) and in order to enrich its wizard image, they prepared to jointly complete the Taproot Wizards (Big Wizard) project.

The concept of the coin wizard and the puppet monkey soared against the trend, bringing a new round of explosion to the BTC ecosystem? 「BTC Ecology」

Image source: Official Twitter

In 2023, Luxor, a Bitcoin mining company, claimed to have mined the largest Bitcoin block ever on February 1, with a size of 3.96 MB (a record later broken by Runestone), slightly below Bitcoins 4 MB limit. The block contained an NFT based on the original magic internet money Mmeme, called Taproot Wizards. This event detonated the entire Western BTC community, and Taproot Wizards also made the entire Ordinals protocol popular, which is one of the important reasons why the Great Wizard is considered to be the spiritual totem of the Ordinals.

The concept of the coin wizard and the puppet monkey soared against the trend, bringing a new round of explosion to the BTC ecosystem? 「BTC Ecology」

Block size is 3.96 MB

Therefore, Bitcoin wizard (little wizard) is the most original concept and culture, and Taproot wizard (big wizard) is based on this concept background and uses the founders connections, marketing and other methods to further promote this concept and culture.

PUPS: The creation of a puppet empire

Puppet Monkey Series

OPIUM is an NFT project in the BTC ecosystem, commonly known as the first generation of puppet monkeys by the community. Its total supply is only 777 pieces, and the current floor price is 0.45 BTC; Bitcoin Puppets is called the second generation of puppet monkeys by the community, with a total supply of 10,000 pieces and a current floor price of 0.37 BTC. Its market value is US$237 million, ranking sixth in the market value of all NFTs, second only to NodeMonkes.

The concept of the coin wizard and the puppet monkey soared against the trend, bringing a new round of explosion to the BTC ecosystem? 「BTC Ecology」

Image source: coingecko

Pups/Rune Pups is a project combining graphics and coins, in which PUPS is a Meme coin in the Bitcoin ecosystem. A certain percentage of tokens are airdropped to NFT holders of the Puppet Monkey Generation OPIUM. 100% of the token distribution is completed initially and the team does not hold any tokens.

According to the latest official information, the token PUPS is deployed on BRC-20 and SOL, with a total of 770 million pieces, and the NFT Rune Pups is deployed on the Ordinal protocol, with a total of 230 million pieces. The total number of pictures and coins is 1 billion.

Since PUPS is a puppet monkey with a Bitcoin logo, it is also called the Bitcoin version of WIF by the European and American communities. It can be said that this round of surge in PUPS tokens was mostly led by the European and American communities.

The concept of the coin wizard and the puppet monkey soared against the trend, bringing a new round of explosion to the BTC ecosystem? 「BTC Ecology」

Image source: Official Twitter

“Puppet Empire” ignites European and American BTC ecological communities

Currently, in the European and American Bitcoin ecological communities, inscriptions and tokens related to puppet monkeys have attracted much attention, forming a huge puppet empire (as shown below). The latest trend is the emergence of a new model represented by PUPS in the inscription market, namely the IP matrix gameplay. The core of this model is to use an Ordinals NFT as the basis and then issue a BRC-20 token.

The concept of the coin wizard and the puppet monkey soared against the trend, bringing a new round of explosion to the BTC ecosystem? 「BTC Ecology」

Puppet Empire

It is also worth noting that PUPS will also migrate to the Runes protocol. Perhaps when the block height reaches 840,000 and the Runes protocol begins minting, coupled with the hype of BTC halving, the Puppet Empire will detonate the entire crypto market and bring another spring to the BTC ecosystem.

Original article, author:Asher。Reprint/Content Collaboration/For Reporting, Please Contact report@odaily.email;Illegal reprinting must be punished by law.

ODAILY reminds readers to establish correct monetary and investment concepts, rationally view blockchain, and effectively improve risk awareness; We can actively report and report any illegal or criminal clues discovered to relevant departments.

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