Rune DOG breaks through $0.0075 to a new high! Runestone rebounds 50% from the bottom, what other potential benefits are there?
Rune Potential Catalysts
Will Rune's recent outstanding performance be short-lived? X user Bitbro, who focuses on the Bitcoin ecosystem, once tweeted that analyst Ignas is optimistic about the prospects of Runes and pointed out several potential catalysts:
Listing on centralized exchanges: $RSIC has previously landed on OKX. Other potential exchanges include Binance and Kraken, both of which released Runes reports in May, showing a strong interest in this sector.
Bitcoin soft fork brings improvements to the development of BTCFi
Stablecoins (USDC, USDT, etc.) are issued on the Bitcoin network in Runes, and this demand will increase with the development of BTCFi
As time goes by, the market digests the sell the news event of runes
For the first point, Leonidas also kept tweeting to emphasize the potential impact of listing on centralized exchanges on the market value of $DOG. He said:
Although the current market value of $DOG is as high as 740 million US dollars, many people still don’t know how to buy it. I am really worried about what will happen once we are listed on a major centralized exchange and liquidity increases significantly.
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