Exciting News Ahead for Runestone โจ
Following a successful airdrop in March, the Runestone project is gearing up for its next airdrop, which will feature a cuddly puppy. Bitcoin wallets that were airdropped Runestones will receive three meme coins starting with the Dog airdrop later this monthโif they still hold those Runestone inscriptions when it happens. โThe central bank is collapsing, and fiat hyperinflation narrative only resonates with a small segment of the population, but everyone likes a cute puppy in an orange hoodie,โ Runestone contributor Leonidas told Decrypt.
The Upcoming Airdrop: Dog Meme Coin ๐ถ
As Leonidas explained, Runestone holders will be airdropped the โDogโ meme coin once the Runes protocol goes live during the Bitcoin halving later this month. Provided they havenโt sold or otherwise transferred them in the mean time, that is.
- Runestone holders will receive 3 Rune memecoin airdrops:
- Name: Dog
- Supply: โโโโโโโโโ
- When: Later this month
- Name: โโโ
- Supply: โโโโโโโโโ
- When: Later this year
- Name: โโโ
- Supply: โโโโโโโโโ
- When: Whenever we hit #1
โThe only way to receive the Dog airdrop is to hold a Runestone,โ Leonidas said.
Recent Developments in Runestones ๐
Last month, Runestone Ordinal inscriptions were airdropped to 112,383 eligible wallets. Ordinals minting platform Ordinalsbots partnered with the Runestone project to execute the massive inscription delivery. In February, speculation began on Twitter over a potential airdrop tied to the highly anticipated Runes fungible token standard from Rodarmor, the original creator of the Ordinals protocol.
Future Prospects for Runestone ๐
Leonidas had called Runestone a โpre-Runesโ project. When Runes launches on the Bitcoin network the Runestone inscriptions received in the airdrop will convert into a Rune token on the new protocol. According to the Inscription marketplace Ordinals Wallet, Runestone has a total trading volume of 41.6 BTC, around $2.9 million since the project launched in March.
Potential Impact on the Market ๐
โIf Ethereum has a dog coin with a $17 billion market cap, there is no reason why Bitcoin, which is three times larger than Ethereum, shouldnโt also have a very popular dog coin,โ Leonidas said, referring to the popular Shiba Inu (SHIB) Ethereum-based meme coin. While meme coins are still relatively new to Bitcoin, Leonidas is optimistic that the craze can one day be as big as they are on Ethereum, the second-largest blockchain by market capitalization. โI believe that Dog has the opportunity to onboard millions of new people to Bitcoin,โ he said.
Hot Take: Embrace the Dog ๐
The Runestone project is set to make waves in the crypto world with its upcoming Dog airdrop. The integration of meme coins into the world of Bitcoin presents an exciting opportunity for growth and engagement among users. The concept of merging traditional financial narratives with playful and relatable elements like a cute puppy in an orange hoodie paves the way for increased adoption and interest in the cryptocurrency space. As the ecosystem evolves, the potential for mass appeal and accessibility through initiatives like the Runestone projectโs airdrop of the Dog meme coin is a promising step towards broader acceptance and mainstream recognition.
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