The recent minting of Rune 777 LEEROY•JENKINS has caused significant financial losses and increased network fees on the Bitcoin network. Approximately $97,000 (1.365 BTC) was lost on invalid mint transactions, as the Runes Protocol does not refund money if a mint transaction is not mined before the mint window closes. This event has led to a surge in Bitcoin network fees, reaching 150 sat/vB. Over the past 24 hours, a total of 20.9 BTC ($1,483,872) has been spent on minting Runes, with more than $1 million spent on network fees alone. The popularity of Runes has also surpassed that of BRC-20 tokens, with daily transactions for BRC-20 dropping below 10,000, while Runes-related transactions have consistently exceeded 150,000.