The rune craze begins, and 8 potential runes are counted

Runes protocol offers a new way to issuance alternative Token on Bitcoin networks. As an alternative to the BRC-20 standard, it aims to simplify Token creation and management while seamlessly integrating with the Bitcoin infrastructure. The Runes protocol went live on April 20 and has been a huge success. Hundreds of Runes were minted on the first day. Now that the Halving has been completed, the rune hype is getting hotter and hotter.

Encryption KOL Rekt Fencer counted 8 runes with "hundredfold" potential. It's worth noting that some projects are already live and some are not. This article is intended to provide market information and does not constitute investment advice, do your own research (DYOR).

1. Fehu (FEHU): Fehu is the first rune etched on Bitcoin.
Market capitalization: $2.14 billion
Pre-mining: 99.99%
Supply: 110,009,644

2. decentralized02 (DECENTRALIZED): Rune #2 (Rune No. 2) is supported by the NFT project CyberKongz. Longest details about tokenomics will be released soon.
Pre-mining: 100%
Supply: 21,000

3. Leonidas (DOG): Rune #3, will be Airdropped to Runestone holders. The Runestone Snapshot was completed at Block Height 840,269. Each Runestone NFT can receive 889,806 DOG rune airdrops, which will be automatically airdropped to users' wallets in the coming days without claiming.
Pre-mining: 100%
Supply: 100 billion

4. SATOSHI•NAKAMOTO: Rune #6 is the first rune to be launched on Gate.
Market capitalization: $148.1 million
Pre-mining: 20%
Supply: 21 million

5. MEME • ECONOMICS: Rune #7也已在Gate上线.
Market capitalization: $14.4 million
Pre-mining: 20%
Supply: 21 million

6. Runecoin (RSIC): Rune #8已经引起了广泛关注 and the first project to launch on Stakeland.
Market capitalization: $242.6 million
Pre-mining: 100%
Supply: 21 billion

7. Buoyant Capital (WOLF): Rune #9由 OG Binance trader support. Tokenomics have been announced, of which 17.5% will be allocated to Rune Door holders; 55% to Runestone holders; 5% to holders who own both Rune Door and Runestone; 10% will be reserved for exchanges listing; 7.5% will be reserved for marketing campaigns and partnerships, etc.
Pre-mining: 100%
Supply: 21 billion

8. WankoManko (WANKO•MANKO•RUNES): This rune has attracted attention because its name and legend are based on Casey, the founder of the rune protocol.
Market capitalization: $22.3 million
Pre-mining: 0%
Supply: 75,250,000

Final Thoughts:
Don't underestimate the BTC ecosystem. Over the past year, there has been a slew of new projects, and longest more are under construction. Bitcoin ETFs, Halving, L2 chains, BRC-20, and more are shaping the future of the Bitcoin ecosystem. The Bitcoin ecosystem is still in its early stages, so getting in now could be hugely rewarding later.

(Source: Rekt Fencer, Felix)