With the increasing probability of the approval of Ethereum spot ETF, the cryptocurrency market has become vibrant and spread to the Bitcoin Runes sector yesterday. The total market value increased by 4.28% to 1.29 billion US dollars. Especially for $DOG, it has risen by more than 18.7% in the past 24 hours and more than 95% in the past week. Its market value has risen to 425 million US dollars, firmly holding the top spot in the Runes market.
$DOG rose 18.7% in the past 24 hours
First generation coin minting: JOKER•RUNES•COIN
Trump’s namesake Runes token ranks fifth in trading volume
With the expected approval of Ethereum spot ETF, the cryptocurrency market seems to have been injected with vitality, spreading to the Bitcoin Runes sector yesterday.
According to the GeniiData website, Runes tokens have generally risen in value, with a total market value increase of 4.28% in the past 24 hours, reaching 1.29 billion US dollars.
Among them, the first meme coin airdropped by Runestones, DOG•GO•TO•THE•MOON ($DOG), once reached $0.004564, and is now reported at $0.0042, with a rise of 18.7% in the past 24 hours, and a rise of over 95% in the past week, with a rise of only 22% from its highest price.
Its founder, Leonidas, happily announced that the market value of $DOG has returned to 450 million US dollars. Although it has slightly declined to 425 million US dollars before the deadline, it still firmly holds the top spot in the Runes market.
Leonidas also posted the following image, indicating that $DOG intends to challenge the king of BRC20 tokens, $Ordi. Currently, the market value of $Ordi is 860 million US dollars, which means that $DOG needs to rise about twice in order to compete with it. In addition, the image also shows two tokens, $PUPS (PUPS•WORLD•PEACE) and $RSIC (RSIC•GENESIS•RUNE), with market values of 174 million US dollars and 220 million US dollars, respectively, ranking third and second in market value.
So what were the popular Runes in the past 24 hours?
According to Luminex platform data, in terms of minting volume, JOKER•RUNES•COIN ($JOKER) far exceeds other Runes tokens, with a minting volume of over 350,000, far surpassing the second-placed PI•NETWORK•RUNE with 25,000. Here is some information about this token:
Total supply: 21 billion, all have been minted
Pre-mining: 0
Top holders’ holdings ratio: The top three holders hold 1.97%, 1.15%, and 0.95% respectively
Price: According to GeniiData, the lowest floor price is currently on OKX, reported at $0.00013, with a rise of more than 1.8 times in the past 24 hours.
In terms of trading volume, the most active tokens include the aforementioned $DOG, $PUPS, $RSIC, as well as the newly minted $JOKER. Surprisingly, even the Runes market has a token named after Donald Trump, called THE•DONALD•TRUMP. With Trump’s recent comments on cryptocurrencies, this token has become a popular target of pursuit, and its trading volume has exceeded $410,000, ranking fifth in trading volume among Runes tokens.
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