Bitcoin Runes Meme Coin ‘Dog’ Will be Airdropped to Runestone Holders

by Ron Effertz

Following a a success airdrop in March, the Runestone project is gearing up for its next airdrop, which would possibly characteristic a cuddly pet.

Bitcoin wallets that were airdropped Runestones will receive three meme cash beginning with the Dogs airdrop later this month—if they tranquil preserve those Runestone inscriptions when it occurs.

YOU ARE NOT READY FOR THE CUTENESS THAT YOU ARE ABOUT TO GET AIRDROPPED IF YOU HOLD A RUNESTONE pic.twitter.com/uKSEWzUhn6

— Leonidas (@LeonidasNFT) April 8, 2024

“The central monetary institution is collapsing, and fiat hyperinflation memoir finest resonates with a puny segment of the inhabitants, nevertheless everybody likes a exquisite pet in an orange hoodie,” Runestone contributor Leonidas urged Decrypt.

As Leonidas outlined, Runestone holders will be airdropped the “Dogs” meme coin once the Runes protocol goes stay at some stage in the Bitcoin halving later this month. Equipped they haven’t supplied or otherwise transferred them for the time being, that is.

RUNESTONE HOLDERS WILL RECEIVE 3 RUNES MEMECOIN AIRDROPS

NAME: DOG
SUPPLY: █████████
WHEN: LATER THIS MONTH

NAME: ███
SUPPLY: █████████
WHEN: LATER THIS YEAR

NAME: ███
SUPPLY: █████████
WHEN: WHENEVER WE HIT #1

— Leonidas (@LeonidasNFT) April 8, 2024

“The correct manner to receive the Dogs airdrop is to preserve a Runestone,” Leonidas said.

Final month, Runestone Ordinal inscriptions were airdropped to 112,383 eligible wallets. Ordinals minting platform Ordinalsbots partnered with the Runestone project to create the gigantic inscription provide.

In February, speculation started on Twitter over a skill airdrop tied to the highly anticipated Runes fungible token celebrated from Rodarmor, the fashioned creator of the Ordinals protocol.

Leonidas had known as Runestone a “pre-Runes” project. When Runes launches on the Bitcoin network the Runestone inscriptions received in the airdrop will convert exact into a Rune token on the modern protocol.

In step with the Inscription market Ordinals Pockets, Runestone has a total trading quantity of 41.6 BTC, around $2.9 million for the reason that project launched in March.

“If Ethereum has a dog coin with a $17 billion market cap, there would possibly be not any such thing as a cause Bitcoin, which is three cases greater than Ethereum, should always not moreover delight in an extraordinarily standard dog coin,” Leonidas said, relating to the standard Shiba Inu (SHIB) Ethereum-based entirely entirely meme coin.

Whereas meme cash are tranquil fairly modern to Bitcoin, Leonidas is optimistic that the rage can sooner or later be as colossal as they are on Ethereum, the second-largest blockchain by market capitalization.

“I mediate that Dogs has the different to onboard millions of modern other folks to Bitcoin,” he said.

Edited by Ryan Ozawa.

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