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The Bitcoin Ordinals and Runes ecosystem is experiencing notable developments, with over 10 projects surpassing a market capitalization of $1 billion. Among these, Quantum Cats has recently become the second-largest Bitcoin Ordinals collection by market cap, overtaking Nodemonkes for the first time. Quantum Cats has a limited supply of 3,333 tokens. Additionally, established collections such as Fomojis and OnChainMonkey continue to perform well on the Magic Eden platform, showcasing the impact of innovative features like Recursion introduced in 2023.
Let’s take a quick look at how Bitcoin Runes and Ordinals are shaping up. Thoughts? 🥶 https://t.co/QATHm94h0H
BREAKING: @QuantumCatsXYZ just flipped @nodemonkes by market cap for the first time ever to become the #2 Bitcoin Ordinals collection despite only having a supply of 3,333 https://t.co/7gFUGlGGHW
The top Bitcoin Ordinals on @MagicEden today! Awesome to see @fomojis and @OnChainMonkey doing well. Both are OG collections from 2023 that used Recursion and innovated on Bitcoin. The Ordinals protocol underwent major changes in 2023 that saw powerful features like Recursion,… https://t.co/pe9VxWQEZn
