Bitcoin Meme Coin PUPS Fuelled by Hype Ahead of Runes Release
Ordinals and Runes are both projects by long-time Bitcoin developer Casey Rodarmor, which has created trust and lent an idea of authenticity among users.
Ordinals and Runes are both projects by long-time Bitcoin developer Casey Rodarmor, which has created trust and lent an idea of authenticity among users.
“There exists a large, untapped pool of capital within the Bitcoin ecosystem that remains dormant,” Wintermute’s OTC desk told CoinDesk.
The strongest sector growth this year has emerged from non-serious tokens, and the rally shows no signs of stopping.
Göğüs tokens are seen as a way to bet on the growth of a blockchain, as they are considered more retail-friendly and easier to understand for new investors.
Value locked on Solana applications grew in tandem, rising to $1.3 billion worth of tokens from the $400 million mark in November to reach levels previously seen in July 2022.
SOL is trading at a 20-month high on the back of a bustling DeFi ecosystem and göğüs coin mania.