Carefully sort out the money-making logic of runes 0-9 (runes 3-5)

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4. Rune No. 3


4.1 Basic Information
4.1.1 Rune name: DOG•GO•TO•THE•MOON
4.1.2 Deployer and related Twitter: Leonidas, @LeonidasNFT , the best player in pre-rune, he is the developer of Ordinals, especially good at marketing. This year, he airdropped Runestone to some core addresses (the Runestone is the masterpiece of @leocaillard) and pulled it all the way to 0.095BTC, with a total market value of nearly $700 million. On April 6 this year, he claimed that he would airdrop 3 runes to runestone holders, the first one after the Bitcoin halving, the second one this year, and the third one after the project is called a top MEME.
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4.2 Chip deployment
4.2.1 Total: 100B
4.3 Distribution Mode Pre-mining is 100%, Leonidas has tweeted many times that all will be airdropped to the holders of Rune Stones, and each Rune Stone will receive 840,000 pieces. At present, as well as the snapshot, it will be gradually airdropped to the snapshot address on April 22.

4.4 Thinking
First of all, there is actually an arbitrage opportunity recently, but I didn’t think about it seriously. On April 20, the price of Runestone plummeted from 0.088BTC to 0.035BTC, because everyone thought that the halving was a snapshot. But when Leonidas posted that the snapshot had not yet been taken, the price was pulled back to around 0.077BTC. This shows that snapshots will cause a sharp drop, which is a great benefit for those who are Runestone-oriented (forgive me for inventing this term, I strongly want to increase the number of Runestones I hold).

However, I didn’t react to the snapshot this morning, and the price plummeted to 0.015BTC. I really envy those who buy the dips. Therefore, this strategy also applies to other runes from 0 to 9.

Secondly, I want to return to the basic logic of runes. Now we need to ask in depth why runes are created:

A. Casey was taken advantage of by Domo, so he has to create a new track to regain his own glory and wealth.
B. The inscription surprised the arrogant institutions. They were eager to enter the Bitcoin ecosystem, so they needed an asset carrier that was suitable for them.
C. The development of the Bitcoin ecosystem cannot be limited to the messy issuance of assets, but it must truly activate it, activate the trillion-level assets, and have a real DEFI. This is also the BTCFI narrative that I am very optimistic about.

Therefore, new ways are needed to attract project parties to join. Therefore, the essence of Rune is various project parties, project parties, and project parties. What they need most is popularity. How to attract people quickly? ETH has already developed a mature model: airdrop.

So, who are they airdropping to? The answer is self-evident. They are airdropping to old BTC players and users who have used their protocol. After Leonidas' marketing, who doesn't know about Runestone? Who doesn't know about it? Therefore, it can be asserted that in the future, various project parties will airdrop to Runestone holders and holders of related assets. This is not my opinion, but Leonidas's forwarding of @jakegallen_ 's opinion. The original screenshot is as follows:
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In short, I think Runestone can be compared to BNB in ​​2020. It will become a well-deserved golden shovel for mining Bitcoin ecosystem. Establishing the stone standard is very important for this round of understanding of BTC ecosystem. By the way, if you want to buy Runestone, you can use Magiceden and brush your points at the same time:

5. Rune No. 4


5.1 Basic Information
5.1.1 Rune name: THE•RUNIX•TOKEN
5.1.2 Deployers and related Twitter: Bitcoin Virtual Machine, @BVMnetwork , @punk3700 , this is a project party, a BTClayer2 protocol. They released the DEX transaction on the day of the halving, which is the day when the rune was released:

In short, this is a project that wants to make a difference in the Bitcoin ecosystem. Just now, they cross-chained Rune to ETH, becoming the first Rune on ETH. In the words of @punk3700 , they are not the first Rune, but the first cross-chain Rune.

5.2 Chip Deployment
5.2.1 Total: 21B
5.3 Distribution Model
5.3.1 Pre-mining is 100%
5.3.2 10% of the runes will be airdropped to the holders of the Runers collection (they previously let the community and OG mint for free, a total of 18,600). 90% of the runes need to be mined, and the way to mine is to cross-chain the purchased NFT to their layer2, and then start mining. The mining time is 32 months, and the output is halved every month.
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6. Rune No. 5


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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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