Runestone Hits $646M Cap, 0.08 BTC After 3 Memecoin Airdrops

The cryptocurrency community is abuzz with the latest development in the memecoin sector, specifically surrounding the Runestone memecoin and its associated airdrops. Runestone holders are set to receive three distinct Runes Memecoins as airdrops, with one confirmed to be dog-themed. This move has significantly impacted the market, with Runestone achieving a new all-time high (ATH) market cap of $420 million, an individual value of 0.08 BTC ($5,728.96), and a remarkable market cap of $646,000,000 just 25 days after being airdropped to the Ordinals community. The first of these memecoins is named Dog, and the valuation of 1 Runestone reached 0.069 BTC. The anticipation and subsequent market reaction have highlighted the growing interest and speculative investment in memecoins within the Bitcoin ecosystem.