While many may have missed out on the massive gains of BRC-20 tokens like $STAMP, which saw a 500x increase, there’s now a new protocol on the horizon that could potentially yield 1000x returns: Runes.
What you'll learn 👉
What are Runes?
Runes is a new protocol created by Rodarmor, the creator of Ordinals. It aims to address the issue of non-interchangeability (BRC-20) of tokens on Bitcoin by introducing high interchangeability capabilities. The mainnet of the Rune Protocol is expected to launch right after the Bitcoin Halving in April.
The True Potential of Runes
To understand the potential of Runes, it’s essential to look at the market capitalization (MC) of other major token ecosystems:
- ETH Ecosystem tokens (excluding ETH): $63B
- SOL Ecosystem tokens (excluding SOL): $41B
- BRC-20 tokens: $3.2B, with ORDI claiming half of that pie
Casey, the creator of Runes, has stated that if Runes’ MC doesn’t reach $1B a month after its launch, he will commit seppuku. Given the current hype around Runes and the MC of BRC-20, $1B in the first month seems like an achievable goal, with the potential for further growth much higher than that of BRC-20.
The Hype is Already Here
The hype surrounding Runes is evident, especially when looking at the influx of liquidity over the last week into hyped projects such as Runestone, Rune Coin, and RuneX Tech. For those looking to make 10-100x returns, these projects are worth checking out, according to analyst Rekt Fencer.
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Show more +Promising Projects in the Runes Ecosystem
- Runestone: An OG project made by LeonidasNFT, originally a community airdrop and now a leading player in the Runes Ecosystem’s “Pre-Runes” stage.
- Rune_coin (RSIC): 21,000 RSICs are Bitcoin Ordinals that were airdropped to active recipients in the Ordinals space since its inception. Rarity is based on a symbol in the lower right corner of the grid.
- PupsToken ($PUPS): A meme coin on Bitcoin, with 2.3M tokens set to be airdropped to Rune Pup Ordinal holders (available for purchase on MagicEden).
- Runes_terminal ($RUNI): Runes terminal is crafting a test environment for BTC developers, designed to spearhead the next evolution of Bitcoin and ensure a seamless transition to Runes Protocol apps. Products include RunesScan, Runedpad, RunesEtcher, and RunesBook.
Other promising projects tied to Runes include @CKN_BIT, @pngs_xyz, @RuneManiaMiner, @runebox_app, @lfg, @Tiny__Vikings, @btcordinal, @OpalBTC, @InventOnBTC, @RuneX_Tech, @AI_Rune, @nothingprtcl, and @RuneRealmsBTC.
As the Runes Protocol prepares for its mainnet launch, investors have a unique opportunity to get in on the ground floor of what could potentially be the next 1000x opportunity. By understanding Runes’ potential and exploring the various projects within its ecosystem, savvy investors can position themselves to capitalize on the growing hype and potential massive returns.
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