Bitcoin Runes Protocol is launched. Which projects are worth paying attention to?

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Author: Ash Source: medium

It has been almost a day and a half since the launch of the Runes protocol yesterday. Whether in the group or in the space, everyone is waiting for the countdown and then starting to play runes with high gas. It is a bit like celebrating a festival. Now there are more than 4700 rune projects online, and the mining fee has dropped a lot compared to yesterday. We can calm down and sort out the rune projects and investment suggestions, which can be divided into three categories of opportunities:

1. Runes 0–9

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0/ UNCOMMON•GOODS is deployed by @rodarmor casey, with a total of 4 years of unlimited participation. It is a bit like sats in brc20, with a large total amount and the best narrative. After all, it is rune No. 0. It is recommended that everyone can participate in it when the gas is low in the future. The narrative of Bitcoin will not come only once.

1/ Z•Z•Z•Z•Z•FEHU•Z•Z•Z•Z•Z Rune No. 1 also experienced a misunderstanding yesterday. At first, everyone thought it was @FehuLayer. At the same time, we also saw the tweets in March. The project team is collecting the addresses of ORDI, Runestone and RSIC holders. The task ends on April 30. If you are interested, you can participate. But it is definitely not Rune No. 1. The real deployer is @RuneFehu. The authenticity was confirmed on the chain yesterday afternoon, but the project team has only introduced how it deployed it, and has not yet announced the details of the next step.

2/ DECENTRALIZED @CyberKongz The project has mined all the tokens for airdrops. It is the latest project to enter pre runes. The very first NFTs were airdropped. The free ones are the most expensive. I grabbed the No. 2 rune when the runes were launched. The price of NFTs has also risen, and the floor price has increased by 2-3 times. It will then be airdropped to the holders. Compared with other projects, it is very large. The official Twitter account of @decentralized02 is the rune DECENTRALIZED. No snapshot has been taken yet, so you can continue to pay attention.

3/ DOG•GO•TO•THE•MOON @Leonidas The NFT Runestone project will be 100% airdropped to Runestone holders. The snapshot will be taken at block 840269. As the most popular pre-runes project, many projects whitelist or airdrop to Runestone holders. At present, the price of NFT has not changed significantly. You can look forward to this project and the subsequent rune tokens.

4/ THE•RUNIX•TOKEN @BVMnetwork is working on Bitcoin’s L2. Last week, it also worked with io to explore AI’s BTC L2. This rune is a project of RuneChain under BVM. The holders of its NFT Runer need to connect Runers to RuneChain to start activating mining capabilities. After activation, this NFT asset cannot be seen in the wallet. When deactivated, it will be bridged from RuneChain to the Bitcoin wallet. The official website has opened the Rune Swap function. There are various ways to play.

5/ DOG•DOG•DOG•DOG•DOG, anonymous team, currently all pre-mined, no more details.

6/ SATOSHI•NAKAMOTO An anonymous team has the signs of being a leader. First of all, the name is Satoshi Nakamoto. Secondly, it is the rune with the least reserved 20% among the top 10 tickers. It is also the rune with the most currency addresses, which is close to 20,000. It is the rune with the largest trading volume this day. It was also launched on the Gate exchange at noon today. The current floor price is 9450 sats and the market value is 120M.

7/ MEME•ECONOMICS Anonymous team has reserved 20%. The total amount is large, but the number of wallet addresses is only over 3,500. It is not recommended to participate.

8/ RSIC•GENESIS•RUNE @rune_coin is reserved by the RSIC METAPROTOCOL project team, and will be airdropped to NFT users who mined before based on the points. This morning, the project team began to distribute airdrops with high gas costs, costing more than 6 BTC, and a single number can get a profit of about 10,000 U. In the afternoon, there was a wave of selling pressure and flooring. The number of wallet addresses is second only to the No. 6 rune, which is 11,000+. The current price is around 18sats, and the market value is about 260 million. There are various ways to play, including rarity, bonus mining, and lottery. The project team also plans to carry out the second phase of activities.

9/ The project owner of LOBO•THE•WOLF•PUP is @_BuoyantCapital, which will airdrop all of the tokens to Runestone and Rune Doors holders. The floor price of Rune Doors’ NFT has also increased fivefold since the announcement.

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2. MEME

1/ COOK•THE•MEMPOOL: No. 37, fair mint is not reserved, minting has not started yet, limited time but not limited quantity, minting blocks are 844032–848064, there are about 4000 blocks left to start, please pay attention.

2/ WANKO•MANKO•RUNES: Casey commented and tweeted to express his appreciation for the rune. It was a fair limited-time mint with a total of 7,525 runes in total and over 1,800 addresses holding the runes. After the project owner retweeted the tweet, the price of the rune soared, increasing by about 5 times in one day.

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3/ INU•NI•MAKEMASEN: Casey posted this full name in the comment of WANKO’s tweet, 1% is reserved, the total amount is 20790, the number of currency holding addresses is 2800+, and the market value is 600,000.

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4/ ORDINALS•ARE•DEAD This afternoon Leonidas tweeted, which is also a common meme. The high gas level will result in a quick mint. The total amount is 66,666 and the number of addresses holding the coins is 6,000+.

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3. Community

In the past two weeks, the strong community and purchasing power of Puppets and Wizards in BRC-20 caused the price of inscriptions to soar. Various communities also announced the distribution of runes after they owned BRC-20 inscriptions and NFTs. Everyone can continue to pay attention to rune No. 13 PUPS•WORLD•PEACE, rune No. 17 MAGIC•INTERNET•MONEY, and their Twitter and Discord for the latest developments.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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