Inscription PIZZA officially airdropped and started trading, 🆚 Rune DOG showed three interesting phenomena...
1⃣️PIZZA and DOG showed a phenomenon of one rising and the other falling:
PIZZA traded nearly 10 million US dollars in 12 hours, and its market value exceeded 100 million US dollars. Pizza once surged to 7 US dollars, temporarily reported at 5.43 US dollars, a 55% increase compared to the 3.5U over-the-counter price;
DOG fell by 20%+, and its market value fell by more than 100 million US dollars. The entire rune sector was seriously sucked by pizza and fell back;
Why did this phenomenon occur?
Answer: Inscriptions and runes come from the same school, the infrastructure construction parties are highly overlapped, and the ecological users are also highly overlapped. In this market situation where neither side takes over, players are also betting on the team between inscriptions and runes, and the rise and fall is inevitable!
2⃣️Atomicals was indeed hurt in the fight between PIZZA and DOG:
BRC20 and RUNES were fighting fiercely, but the result was that the entire Atomicals ecosystem added up to less than 100 million US dollars, not even as much as a fraction of runes or inscriptions, and even with the blessing of AVM, it seemed to be useless.
You can think that Runes plagiarized Atomicals, so Atomicals also plagiarized the scheme of dyed coins. After this fight between inscriptions and runes, Atomicals has no chance in the future, and the market has made a choice.
Atom fans, don't spray me, I just stated an objective fact that exists!
3⃣️ Inscription BRC20 and Runes are fighting for the "coinage right" of the BTC Bitcoin ecosystem:
In the end, there can only be one big winner in the Bitcoin ecosystem that occupies 90% of the market share and market value, and it is impossible for the current 50% each to compete; if you know some financial common sense, you will know that this is a "winner takes all" situation.
The biggest problem with Brc20 is that you must engrave a transfer inscription to index the transaction, which is one more operation than Runes. This is indeed not as native as Runes.
However, this big problem can save costs in some application scenarios. For example, if Runes merge 100 fragmented coins, it is equivalent to merging 100 uxto, which means 100 fees. However, Brc20 only needs to engrave 1 transfer inscription to merge 100 transactions. This disadvantage has become an advantage!
PS: Inscription Brc20 and Runes have their own advantages and disadvantages. The five-character PIZZA and Rune DOG compete with each other, which will continue to bring heat. The wealth effect will gradually rise, which will inevitably bring incremental personnel and funds. Will the resonance bring the third round of inscription + rune bull market in the Bitcoin ecosystem❓$BTC $ORDI