
The cryptocurrency community is witnessing significant activity around a series of Bitcoin-based NFTs and tokens, particularly the Runestone collection and the upcoming Runes token protocol. The Runestone collection has made headlines by achieving 1,000 BTC in trading volume across all marketplaces in just 5 days, setting a record as the fastest Ordinals collection to reach this milestone. Additionally, it has hit an all-time high (ATH) floor price of 0.0477 BTC and recently breached 0.05BTC. The anticipation for the Runes token protocol is also high, as it is set to launch on the same day as the Bitcoin halving. This new fungible token protocol aims to integrate 'shitcoins' into the Bitcoin ecosystem, potentially reshaping the landscape of digital assets on Bitcoin's blockchain. The Runestone collection's market cap is nearing that of the Bored Ape Yacht Club (BAYC), with a current valuation of $388,742,999, just $20 million shy of flipping BAYC's market cap of $408,931,200, reaching 95% of its value.

☮️☮️☮️ Recently I've been asked the same question by many eth friends: "What are Runes on BTC?" Here's a little thread explain what are runes: 1/6 https://t.co/zYwGn7bKVt
Runestones Price: .055 BTC Listings: 1.2K (down from 2.1K) MC: 396 M The price is still cheap. 3x-ish still to go until a 1B MC. $ORDI and $SATS are both at 1B MCs. I think its fair to say that anticipation around Runes has surpassed that of BRC-20s and might come to be the… https://t.co/wG3taSfOfS
1/ Runes [Brief Overview] Runes, a new fungible token protocol on Bitcoin, will be launching on the same day of the Bitcoin Halving. What does this imply? 👇