GM
$ordi surged by nearly 20%, which once again confirmed the previous idea: the Bitcoin ecosystem is on the eve of an explosion.
The relationship between inscriptions and runes is not a replacement relationship, but a complementary relationship in essence.
Inscriptions focus on fair launch, which is suitable for the generation and development of ownerless meme tokens (this is a new way of issuing assets).
Runes focus on token retention and efficient distribution, which is suitable for the issuance of currencies led by the project party (that is, moving the asset issuance method on other chains to the Bitcoin chain, putting old wine in new bottles).
As for the negative impact of inscriptions on the Bitcoin network, it is because there were no mature second-layer products in the early stage of the ecosystem, and a large number of transactions were generated on the first layer of Bitcoin, so it is considered problematic. As the ecosystem improves, the transaction volume on the first layer should decrease. At the same time, the flow of assets on the first layer should be expensive.
Based on the above analysis, I believe that I have a more intuitive understanding of how to choose inscriptions and runes.
In the long run, people will not store assets on coins issued by project parties, which is equivalent to deeply binding assets to project parties. Fair launch, high-quality unowned assets will be used as a stock index to represent the overall value of industry development.
In the current bull market of meme narratives, to put it bluntly, meme coins issued by project parties are suitable for speculation, and high-quality meme coins with fair launch of unowned assets are more representative of the development level of the overall industry.
$merm Greenhead Fish is an early Bitcoin chain meme inscription issued by #brc20 , with a low market value. However, the community has formed its own unique culture, which is very rare in meme coins, and has the initial characteristics of top memes. You can ambush with a small position.
bulubulu🫧🫧
