Runes will move faster than expected
I have expressed a very conservative view in some spaces before: take the rune assets, at most take half a year
💡Tip: The second wave of the previous inscription market was only four or five months away from the first wave
Inference 🤔
Inscriptions were not so popular at that time. Runes was an upgraded version of brc20. Now the infrastructure and attention of the overall Bitcoin ecosystem are not at the same level as before.
If we estimate the rune wash time by looking at the boat to find the sword, half a year is quite conservative, and it is reasonable to look at about three months.
As for those who have experienced the $ordi wash, let me tell you what they felt. After the first wave of inscriptions, the entire inscription circle was silent for a few months. On Twitter, 95 out of 100 people who talked about inscriptions were not optimistic.
When I shout at the bottom, I will be scolded by many people.
🪂Speaking of wash trading, there are two types from the perspective of the general environment and trends:
1️⃣The bear market or the volatile market needs to be cleaned as thoroughly as possible, so that more people who do not recognize the project can get off the train. The characteristics of the wash are long time and large callback. The previous callback of $ordi to 3u is an example
2️⃣The big bull market that accompanies the Bitcoin halving or the stage bull market where all kinds of big funds enter the market openly, at this time, the turnover is fast and the willingness of funds to relay is strong. At this time, due to the high expectation of the market pull-up in the future, most projects do not have a deep correction. Look for those with large trading volume, and the probability of a pull-up in the future is very high.
When it comes to Rune projects, I am optimistic about the following ones in the future:
RSIC•GENESIS•RUNE
With a market value of 170M, the first Runecoin listed on OKX ($Runecoin) has strong institutional support. In terms of technology, marketing, distribution of fully circulated chips, and wash power (more than 10,000 addresses have been washed out on the chain recently), it is the Runecoin with the most potential in my mind.
DOG•GO•TO•THE•MOON
With a market value of 223M, MEME, the current leader of Rune, has also experienced a good wave of wash-out since the initial Rune NFT airdrop of 100,000 addresses. I always thought that the holders would have a lot of paper hands, but now there are still 70,000 addresses. The community is already very strong. As the market strengthens, it is estimated that it will not be washed out much.
RUNES•X•BITCOIN
The market has been waiting for a rune that can unite the players who used to play inscriptions. The X rune was previously airdropped to many inscription players. The current market value is 11M, and the strength is relatively strong. It is very likely to become the pride of the Chinese people.
Whether it is IP or domain name, maybe the community can become more international, the odds are very high.
In addition, there are many runes with high odds: GOB•IS•GOB•IS•GOB is a breakthrough in the game, EPIC•EPIC•EPIC•EPIC has a lot of money and great skills in the project, HONEY•BADGER•COIN is backed by the rats community, LOBO•THE•WOLF•PUP is called a small rune, and the wolf IP is refreshing compared to the dog IP. I have all of these, so I am more optimistic about it.
Of course, we have to mention the two major communities of Puppet and Wizard. They are dominated by foreigners and have high community culture stickiness. They enjoy playing with coins, pictures and runes more than us, and are worthy of learning for MEME projects
What runes do you like now? Feel free to add more
