#RunesProtocol #RUNE There is a possibility that there will be purchases

#write2earn Exploring the Buzz Around #Bitcoin #MemeCoin #PUPS and the Anticipated #RunesProtocol

The buzz surrounding the upcoming Runes protocol has propelled the Bitcoin meme coin PUPS to surge by approximately 50% in the past day, as traders eagerly bet on tokens and networks related to Bitcoin before the halving.

During the Asian afternoon hours, this meme coin was trading at over $66, boasting a market capitalization of $516 million. This places it as the third-largest Bitcoin-based token, trailing behind ORDI and SATS.

According to data from Cryptoslam, PUPS has dominated global sales and volumes among all NFT collections, raking in over $11 million in volumes. Following closely behind are uncategorized Bitcoin Ordinals collections and NodeMonkes with $7 million and $1 million in volumes respectively. This continues the trend of heightened interest in Bitcoin NFTs observed earlier this week.

Data indicates that PUPS has skyrocketed by over 1,000% in the past week, earning recognition as the "first" meme coin on Bitcoin, which has contributed significantly to its viral spread and attraction. However, developers have refuted this claim, asserting a different narrative.

Currently operating as an Ordinals token, PUPS intends to transition to the forthcoming Runes protocol post-halving. Traders on the social media platform X are amplifying excitement around Runes, marking it as the next big thing following the recent fervor in the Solana and Base ecosystems.

What is Bitcoin Runes?

The impending Runes protocol, slated to launch after Bitcoin's halving, aims to enhance the Ordinals protocol by further reducing transaction costs and increasing speed. Traders anticipate it to be a sector of interest in the upcoming weeks.
Ordinals serve as a method to embed data into the Bitcoin blockchain by encoding references to digital art into small Bitcoin-based transactions.

The much-anticipated Runes protocol falls short of expectations post-halving, leading to a drop in floor prices for NFT collections.

Will this setback be temporary or a long-term challenge?

#RunesProtocol #bitcoinhalving #Megadrop #Token2049 #BullorBear #bitcoinhalvingn #write2earn🌐💹

Crypto enthusiasts eagerly await the Runes protocol set for halving between April 19-20, 2024.

#Runes #bitcoinhalving #BullorBear #RunesProtocol

$BTC

Are you interested about #Runes ? 

If not, let me tell you that is the next big thing in the #Bitcoin❗️ Ecosystem. 

#MagicEden just release its beta version for #RunesProtocol projects. 

Always good to explore the tools in the top narratives.

Let’s create the biggest $DOG train

In the sake of $DOG comment $DOG
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In the sake of $DOG like

#DOG #RunesProtocol

🔥🔥What is the Runes protocol for Bitcoin?
The Runes protocol is a mechanism for creating, minting, and transferring fungible tokens directly on Bitcoin. It seeks to be more efficient than the BRC-20 token standard by providing correct UTXO management and lowering the on-chain footprint. The Runes protocol achieves this by leveraging a UTXO-based model that fits naturally into Bitcoin’s architecture. Runes was proposed in September 2023 and already launched today !

🔥Runes vs. #BRC20 Tokens: Similarities and Differences

The Runes protocol improves the Ordinals-based BRC-20 token standard by adopting Bitcoin's UTXO model. This allows it to operate within Bitcoin Layer 1, or the base blockchain, and reduce the production of unnecessary UTXOs. Therefore, Runes has a minimal on-chain footprint and improves overall efficiency. 

On the contrary, BRC-20 is based on Ordinal Theory, which is not native to Bitcoin. The protocol’s token issuance approach also leads to UTXO proliferation and network congestion. 

Another key difference between the two protocols is that Runes burns tokens created or minted using transactions with errors or cenotaphs, motivating users to exercise correct UTXO management. Conversely, the BRC-20 protocol permits users to try again when they make mistakes

Source: xverse
#RunesProtocol $BTC #bitcoinhalving #Runestone #Megadrop $STX

🚀 Top 4 Runes Tokens to Keep an Eye On: Big Growth Potential Ahead 🚀
🗣Click to collect free BNB rewards💰💰💰
Hey everyone, it's Linkan! I'm your Binance Crypto Strategist. As the Bitcoin Runes protocol picks up speed, some tokens are standing out with big potential for growth. Let's check out four Runes tokens making waves and could grow a lot soon.

1. $DOGE : The Standout Star 🌟
$DOG, also known as DOG•GO•TO•THE•MOON, is shining in the Runes world. After its airdrop, $DOG got a market cap of $336 million and its value went up by 85%.

2. $ODIN: The Divine Memecoin 🛡️
$ODIN, or Odin God of Runes, is the memecoin of the Bitcoin L2 blockchain, Stacks. With 21 billion tokens, $ODIN brings Norse mythology into the mix, aiming for a strong community and financial freedom. Its cool theme and plans, like getting listed on big exchanges, set $ODIN up for big growth.

3. $GOD OF BITCOIN: Symbolic Power 💪
$GOD OF BITCOIN taps into Bitcoin's history by calling itself the "God of Bitcoin." It catches the eye of fans who love Bitcoin's story and impact.

4. $RSIC: RuneSIC Token 🔥
$RSIC is part of the RSIC•GENESIS•RUNE project, which has 21,000 Ordinals. These Ordinals let holders "mine" upcoming Runes tokens. $RSIC is getting a lot of attention and trading on platforms like Magic Eden.
Check out these sources for more info:
- Decrypt’s Analysis: Deep dive into $DOG and other Runes tokens.
- Magic Eden: Insights into $ODIN and $RSIC’s plans and tokenomics.
- CoinMarketCap: Overview of top Runes projects.
Stay informed and always do your own research before investing!
#CryptoTrends #RunesProtocol #CryptoInvesting #BlockchainInnovation #bitcoin

$BTC

#Bitcoin is likely to rally soon 🔥🚀

Want to maximize the #BTC🌪️ narrative?

Do not miss the opportunity and dive into its expanded ecosystem

🔸 #RunesProtocol Ordinals SRC20s 
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$RUNE

RUNE 4H: chart is marked with S/Rs and current range.

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Top 4 Runes Tokens to Watch: Potential Explosive Growth Ahead 🚀

Hey everyone, it’s Linkan here, your go-to Binance Crypto Strategist! As the Bitcoin Runes protocol gains momentum, several tokens have emerged with significant potential for growth. Let’s dive into four Runes tokens that are currently making waves and could see substantial gains in the near future.

1. $DOG: The Standout Star 🌟

The $DOG token, formally known as DOG•GO•TO•THE•MOON, has become a standout in the Runes ecosystem. Following its airdrop, $DOG quickly amassed a market cap of $336 million and has seen a notable 85% increase in value.

2. $ODIN: The Divine Memecoin 🛡️

$ODIN, also known as Odin God of Runes, is branded as the divine memecoin of the Bitcoin L2 blockchain, Stacks. With a total supply of 21 billion tokens, $ODIN taps into Norse mythology, aiming to create a strong community-driven narrative around financial freedom. Its unique theme and strategic roadmap, including listings on major exchanges, position $ODIN for significant adoption and appreciation.

3. $GOD OF BITCOIN: Symbolic Power 💪

The $GOD OF BITCOIN token leverages the powerful symbolism of Bitcoin’s origins. By branding itself as the “God of Bitcoin,” this token attracts attention from enthusiasts who appreciate Bitcoin’s historical and cultural significance.

4. $RSIC: RuneSIC Token 🔥

The $RSIC token is part of the RSIC•GENESIS•RUNE project, which is a collection of 21,000 Ordinals. The RSIC Ordinals allow holders to “mine” their upcoming Runes tokens. This token has garnered significant attention and trading volume on platforms like Magic Eden

Sources to Explore:

• Decrypt’s Analysis: Deep dive into $DOG and other Runes tokens.
• Magic Eden: Insights into $ODIN and $RSIC’s tokenomics and roadmap.
• CoinMarketCap: Overview of top Runes projects.

Stay informed and always do your own research before investing!

#CryptoTrends #RunesProtocol #CryptoInvesting #BlockchainInnovation #bitcoin

Let’s navigate the exciting world of cryptocurrencies together!

$RUNE Strong signal for rune already take second TP if you following my signal from 3 days ago
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