Rune Craze Begins, Counting 8 Potential Runes

Author: Rekt Fencer, Crypto KOL

Compiled by: Felix, PANews

The Runes protocol provides a new method for issuing replaceable 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 hugely successful. Hundreds of Runes were minted on the first day. Now that the halving has been completed, interest in Runes speculation is growing. Crypto KOL Rekt Fencer has listed 8 Runes with "hundredfold" potential. It is worth noting that some projects have already launched, while others have not, and can be viewed through the UniSat or OKX Wallet markets.

PANews Note: This article aims to provide market information and does not constitute investment advice. DYOR.

Fehu (FEHU)

Fehu is the first Rune engraved on Bitcoin.

Market Cap: $21.4 billion
Pre-mining: 99.99%
Supply: 110,009,644

decentralized02 (DECENTRALIZED)

Rune #2 is supported by the NFT project CyberKongz. More detailed information about the token economics will be released soon.

Pre-mining: 100%
Supply: 21,000

Leonidas (DOG)

Rune #3 will be airdropped to Runestone holders. The Runestone snapshot was completed at block height 840,269. Each Runestone NFT will receive an airdrop of 889,806 DOG Runes, which will be automatically airdropped to user wallets in the coming days, without the need to claim.

Pre-mining: 100%
Supply: 100 billion

SATOSHI•NAKAMOTO

Rune #6 is the first Rune launched on Gate.

Market Cap: $1.481 billion
Pre-mining: 20%
Supply: 21 million

MEME•ECONOMICS

Rune #7 has also been launched on Gate.

Market Cap: $14.40 million
Pre-mining: 20%
Supply: 21 million

Runecoin (RSIC)

Rune #8 has garnered widespread attention and is also the first project launched on Stakeland.

Market Cap: $2.426 billion
Pre-mining: 100%
Supply: 21 billion

Buoyant Capital (WOLF)

Rune #9 is supported by OG Binance traders. The token economics have been disclosed, with 17.5% allocated to Rune Door holders; 55% allocated to Runestone holders; 5% allocated to holders of both Rune Door and Runestone; 10% reserved for exchange listing; and 7.5% reserved for marketing activities and partnerships.

Pre-mining: 100%
Supply: 21 billion

WankoManko (WANKO•MANKO•RUNES)

This Rune has attracted attention due to its name and legend being based on the founder of the Runes protocol, Casey.

Market Cap: $22.30 million
Pre-mining: 0%
Supply: 75,250,000

Final Thoughts:

Do not underestimate the BTC ecosystem. Over the past year, a series of new projects have emerged, with more projects still under construction. Bitcoin ETFs, halving, L2 chains, BRC-20, and more are shaping the future of the Bitcoin ecosystem. The Bitcoin ecosystem is still in its early stages, so entering now may lead to significant returns in the future.

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