Author: Rekt Fencer, Crypto KOL
Compiled by: Felix, PANews
The Runes protocol provides a new way to issue fungible tokens on the Bitcoin network. As an alternative to the BRC-20 standard, it aims to simplify token creation and management while seamlessly integrating with the Bitcoin infrastructure. The Runes protocol went live on April 20 and has been a huge success. Hundreds of Runes were minted on the first day. Now that the halving is complete, the hype for runes is getting hotter. Crypto KOL Rekt Fencer has counted down 8 runes with "hundred-fold" potential. It is worth noting that some projects have already been launched, while others have not yet been launched and can be viewed through the UniSat or OKX Wallet market.
Fehu （ FEHU ）
Fehu was the first rune etched on Bitcoin.
Market value: $2.14 billion
Pre-mining: 99.99%
Supply: 110,009,644
decentralized02 （ DECENTRALIZED ）
Rune#2is backed by the NFT project CyberKongz. More details on the token economics will be released soon.
Pre-mining: 100%
Supply: 21,000
Leonidas （ DOG ）
Rune#3will be airdropped to Rune stone holders. The Rune stone snapshot was completed at block height 840,269. Each Rune stone NFT can get 889,806 DOG rune airdrops. DOG will be automatically airdropped to the user's wallet in the next few days, and there is no need to claim it.
Pre-mining: 100%
Supply: 100 billion
SATOSHI • NAKAMOTO
Rune#6is the first rune released for Gate.
Market value: $148.1 million
Pre-mine: 20%
Supply: 21 million
MEME • ECONOMICS
Rune#7is also available on Gate.
Market value: $14.4 million
Pre-mining: 20%
Supply: 21 million
Runecoin （ RSIC ）
Rune#8has already attracted a lot of attention and is the first project to launch on Stakeland.
Market value: $242.6 million
Pre-mining: 100%
Supply: 21 billion
Buoyant Capital （ WOLF ）
Rune#9is backed by OG Binance traders. The token economics have been announced, with 17.5% allocated to Rune Door holders; 55% allocated to Rune stone holders; 5% allocated to holders who own both Rune Door and Rune stone; 10% reserved for exchange listings; 7.5% will be reserved for marketing activities and partnerships, etc.
Pre-mining: 100%
Supply: 21 billion
WankoManko (WANKO • MANKO • RUNES)
This rune gained attention because its name and legend are based on Casey, the creator of the Rune Protocol.
Market value: $22.3 million
Pre-mining: 0%
Supply: 75,250,000
Final Thoughts:
Don’t underestimate the BTC ecosystem. A slew of new projects have emerged over the past year, and more are being built. Bitcoin ETFs, halvings, L2 chains, BRC-20, and more are shaping the future of the Bitcoin ecosystem. It’s still early days for the Bitcoin ecosystem, so getting in now could pay off big time later.
