Rune No. 1 Z•Z•Z•Z•Z•FEHU•Z•Z•Z•Z•Z Floor price increased by more than 40%, FDV reached 4 billion US dollars

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According to the Followin news, on April 24, the floor price of the first rune project Z•Z•Z•Z•Z•FEHU•Z•Z•Z•Z•Z of the Bitcoin Runes Protocol rose by more than 42% today, and is currently about $19.2, while the FDV is as high as $2.11 billion. According to the project owner @RuneFehu earlier today, the pre-mining part of the project is reserved for users who participate in the casting of FEHU, and the reserved objects include 100,000 transactions to be confirmed, even if they are not successfully confirmed in the end due to network fees. This news has led to a large number of users mining the rune. According to Runestore, the current casting progress of the project has reached 99.885%. According to the current Bitcoin network fee standard, the casting cost is about $20, which is almost the same as the floor price. It is reported that the total amount of FEHU is 111,111,111, of which the pre-mining part accounts for 99%.

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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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