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Runes, a memecoin community, is set for a takeover phase with a significant presence in Bitcoin transactions. Runes mints accounted for 70.2% of all Bitcoin transactions recently, surpassing other tokens. Notably, meme coins like $WZRD and $PUPS are gaining traction within the Runes ecosystem.
With $PUPS long-awaited move over to Runes soon, the top meme on Runes will finally have a Twitter account Runes eco maturing one step at a time
State of Runes and pre-Runes on May 6, 2024: Collectively faded by the majority of CT. Market cap of the top 5: $PUPS: $350M* $RUNECOIN: $230M $DOG: $226M $WZRD: $150M* $DECENTRALIZED: $40M Use this post as a time capsule. *Pre-Runes FDV.
Getting closer to runes bottom here (by definition ofc wen things go down haha) • people boasting about selling local tops • negative posts on Runes getting hyper engagement • some early runes participants starting to doubt • market caps dipping to pretty stupid levels…