Who is the leader and what concept can stand out? The data and stories of the top ten popular runes in speedrunning
Original | Odaily Planet Daily
Author | Nanzhi
Only two days have passed since the fourth Bitcoin halving and the birth of runes. The hot spots of runes have completed a round of reshuffle. OKX market trading data shows that among the top ten runes ranked by trading volume, only a few runes are in the top ten. What are the current popular runes and what are the stories behind them? Odaily Planet Daily will review them in this article.
RSIC•GENESIS•RUNE
Concept: Deployed by @rune_coin as Rune No. 8, airdropped to RSIC NFT holders.
Market cap: $325 million
Total: 21,000,000,000
Pre-mining: 100%, airdropped to NFT holders
SATOSHI•NAKAMOTO
Concept: The namesake of Satoshi Nakamoto, the sixth rune.
Market value: $94.33 million
Total: 21,000,000
Pre-mining: 20%, no operation yet
WANKO•MANKO•RUNES
Concept: This concept comes from an early article written by Casey, the founder of Ordinals. The specific content is not suitable for expansion in this article. Interested readers can refer to the original text .
Market value: $26.84 million
Total: 75,250,000
Pre-mine: 0%
ORDINALS•ARE•DEAD
Concept: After Ordinals became popular in May 2023, it fell silent in the third quarter. At that time, there was a saying that Ordinals were dead. When the founder of the rune @LeonidasNFT posted another article mentioning this slogan, the popularity of the rune began to soar and it was quickly cast.
Market value: $5.41 million
Total: 444,395,556 pieces.
Pre-mine: 0%
THE•TICKER•IS•ELSA
Concept: ELSA is the name of Bitcoin OG Hal Finney’s dog, who is considered one of the possible Satoshi Nakamotos.
Market value: $5.28 million
Total: 1,000,000,000
Pre-mine: 0%
MEME•ECONOMICS
Concept: The seventh rune only cost $432 to successfully etch into the top ten, while the remaining top ten cost tens of thousands of dollars in network fees.
Market value: $13.14 million
Total: 21,000,000
Pre-mine: 20%
RUNESCOIN•DEFI
Concept: The first Runes Launchpad of Bitcoin ecosystem trading platform @dot_swap , the platform announced that it will launch the AMM function of runes.
Market value: $1.94 million
Total: 4,206,900,000,000 pieces.
Pre-mining: 100%
BITCOIN•WORLD•ORDER
Concept: Pure Meme, serial number 88, the community focuses on promoting fair launch without reservation.
Market value: $2.05 million
Total: 21,000,000
Pre-mine: 0%
ANARCHO•CATBUS
Concept: A line in the bio of Casey, the founder of Ordinals, who is called the Rune Cat because of the cat emoji.
Market value: $2.87 million
Total: 21,000,000
Pre-mining: 1%
SATOSHI•NAKAMOTO•INU
Concept: Pure Meme, according to the official Twitter account, it will develop the L3 sidechain of the Bitcoin network.
Market value: $1.24 million
Total: 21,000,000,000,000,000,000
Pre-mining: 2.1%, which will be used for Motoswap’s LP according to the announcement
in conclusion
Even for the top ten popular rune projects, the trading volume is not high, and only the RSIC official project has a market value of over 100 million US dollars. Once liquidity is lost, there will be a problem of being unable to exit. On the other hand, due to character restrictions, it is difficult for longer names to have differentiated characteristics. Unlike the inscriptions that have run out of the zoo concept, the market has chosen long-term operating projects and words related to community culture, which may serve as the basis for subsequent decisions.
