With the increasing probability of the approval of Ethereum spot ETF, the cryptocurrency market has become lively and spread to the Bitcoin Runes sector yesterday. The total market value rose by 4.28% to 1.29 billion USD. Especially DOG, which has risen by over 18.7% in the past 24 hours and more than 95% in the past week, with a market value of 425 million USD, firmly occupying the top spot in the Runes market.
$DOG has risen by 18.7% in the past 24 hours
The first generation of coins minted: JOKER•RUNES•COIN
Trump’s namesake Runes token ranks fifth in trading volume
With the expected approval of the Ethereum spot ETF, the cryptocurrency market has been injected with vitality, spreading to the Bitcoin Runes sector yesterday.
According to the GeniiData website, Runes tokens have generally risen, with a total market value increase of 4.28% in the past 24 hours, reaching 1.29 billion USD.
Among them, the first meme coin airdropped by Runestones, DOG•GO•TO•THE•MOON ($DOG), once reached 0.004564 USD and is now trading at 0.0042 USD, with an increase of 18.7% in the past 24 hours and over 95% in the past week, with a price increase of only 22% from its highest price.
Leonidas, the founder, happily stated that the market value of $DOG has returned to 450 million USD, although it has slightly fallen to 425 million USD at the time of submission, it still firmly holds the top spot in the Runes market.
Leonidas posted the following picture, indicating that $DOG intends to challenge the king of BRC20, $Ordi. Currently, $Ordi has a market value of 860 million USD, which means $DOG still needs to rise by about 2 times to compete with it. In addition, the picture also shows two tokens, $PUPS (PUPS•WORLD•PEACE) and $RSIC (RSIC•GENESIS•RUNE), with market values of 174 million USD and 220 million USD respectively, ranking third and second in market value.
So what were the popular Runes in the past 24 hours?
According to Luminex platform data, in terms of minting volume, JOKER•RUNES•COIN ($JOKER) is far ahead of other Runes tokens, with a minting volume of over 350,000, far surpassing the second-place PI•NETWORK•RUNE with 25,000. Here is the information about this token:
Total supply: 21 billion, all have been minted
Pre-mining: 0
Top holders’ ownership ratio: the top three hold 1.97%, 1.15%, and 0.95% respectively
Price: GeniiData shows that the lowest floor price is on OKX, currently at 0.00013 USD, an increase of over 1.8 times in the past 24 hours.
In terms of trading volume, the most active tokens include the aforementioned $DOG, $PUPS, $RSIC, as well as the newly minted $JOKER. Surprisingly, even the Runes market has a token named after Trump, THE•DONALD•TRUMP. With Trump’s recent remarks on cryptocurrencies, this token has become a popular target for speculation, with a trading volume exceeding 410,000 USD, ranking fifth in trading volume among Runes tokens.
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