Runes Cryptocurrency Market, 3.5 Months Old, Faces Volatility with Major Declines of up to 71.72% in Value

The Runes cryptocurrency market, which is only 3.5 months old, has seen significant volatility recently. Various Runes have experienced substantial declines in value over the past month, with notable drops including Z•Z•Z•Z•Z•FEHU down 46.59%, DOG•GO•TO•THE•MOON down 53.74%, and BILLION•DOLLAR•CAT down 71.72%. Analysts suggest that the daily trading volume for top Runes is only about 1-2% of their market cap, indicating potential for sharp increases in value with any uptick in trading activity. The sentiment around Runes appears mixed, with some users expressing optimism about the potential for significant gains, while others declare the market as 'dead'. As the market continues to evolve, stakeholders are watching closely for signs of recovery or further decline.