Original author: Asher
Original source: The Planet
With the official launch of the BTC halving rune project, the BTC network was congested due to the high popularity of grabbing runes, and the gas fee was even thousands of dollars. However, the whole plate did not have an obvious benefit effect and out-of-the-circle effect, and the heat quickly faded. At this time, whether it is a "golden pit" with a rare opportunity or a bottomless "trap", the following is a review and analysis from the No. 1-9 rune projects that are hotly discussed in the community.
Regarding the most discussed rune projects in the rune community, 1-9, except for runes 6 and 7, which are public Mint, the rest of the projects are rune projects with official airdrops. Below, Odaily Planet Daily will take you to review the project dynamics, community discussions, etc. from the Bitcoin halving minting runes to the present.
Rune Items 1 to 9 Review
1 号符文:Z•Z•Z•Z•Z•Z•FEHU•Z•Z•Z•Z•Z•Z
Regarding the No. 1 rune, its deployer Twitter is Fehu, which currently only accounts for 0.1% of the traffic, and the remaining 99.9% is reserved for the project party, and the distribution method has not been announced so far.
Because it is the No. 1 rune, after the in-depth "digging" of the community partners, it was found that the No. 1 rune (http://runefehu.xyz) is the same service provider as the website deployed by the No. 8 rune (http://runecoin.io) that announced the launch of OKX Jumpstar yesterday, that is, the official website domain name information, the registered state and country are from the same, and FEHU, as the Rune letter, is the rarest mining machine in RSIC, only 1, so I guess No. 1 and Rune No. 8 is most likely deployed by the same project party.
FEHU is the rarest mining rig in RSIC
Regarding secondary trading, OKX data shows that the total trading volume as of today is 14.94 BTC, with the peak trading volume of 6.45 BTC on April 24, and the trading volume yesterday was only 0.33 BTC, with the current floor price of 37,990 sats (worth about $24.22).
Source: OKX Web3 Marketplace
2 号符文：DECENTRALIZED
Regarding Rune 2, its deployer is the NFT project CyberKongz, which initially set aside 100% of the rune project by the team, and announced on April 26 that 91% of the total amount of Rune 2 will be allocated to the holding addresses of the Pre-Rune series Prometheans (popularly known as "Prometheus" in the community), 4.5% of the runes will be allocated to the Ordinals community, 4.5% will be launch contributors, and the snapshot block is 841269, and the airdrop distribution will be on a per-Promethean basis, not on a per-wallet basis.
It is worth mentioning that, according to Coingecko data, Prometheans fell sharply after the end of the snapshot, and the floor price fell from a high of 0.0845 BTC all the way to 0.016 BTC, a drop of more than 70% in 24 H.
Source: Coingecko
At 5 a.m. today, CyberKongz announced on platform X that the rune 2 airdrop has been launched and will be carried out in batches. Currently, OKX data shows that the current total trading volume is 7.01 BTC, the current floor price is 6.7 sats (worth about $0.0042), and the market capitalization is about $71.88 million.
Source: OKX Web3 Marketplace
3 号符文：DOG•GO•TO•THE•MOON
Rune 3 is deployed by Leonidas, who is also the developer of Ordinals and the founder of the Runestone project. Leonidas announced on April 21 that "a dog has been born that will soon be airdropped to Runestone holders with a snapshot block of 840,269." Just like Runestone, DOG will be 100% airdrop free, with no team allocation or pre-sale. ”
On April 24, Leonidas said that it had airdropped 100 billion DOG tokens to Runestone holders, with 889806 for each Runestone NFT, with the airdrop token worth about $3,400 so far.
Source: Leonidas tweet
On April 25, Gate.io announced the listing of the DOG token, which soared all the way to $0.0057. According to OKX data, the total trading volume as of today is as high as 250.49 BTC, far exceeding other rune projects, with a current floor price of 6.07 sats (worth about $0.0038) and a market cap of $386 million.
Source: OKX Web3 Marketplace
Similar to the collapse after the Prometheans snapshot, according to Coingecko data, Runestone experienced a sharp pullback after completing the No. 3 rune snapshot, falling all the way from around 0.075 BTC before the snapshot, down more than 75% on the 7th, and has now fallen below 0.02 BTC to 0.018 BTC.
Source: Coingecko
4 号符文：THE•RUNIX•TOKEN
As for Rune 4, it is deployed by BVMnetwork with a total of 21 billion tokens, and 10% of the tokens are currently in circulation. BVM is a BTC ecological L2 project, and has also launched its own rune DEX product Runechain for the rune ecology.
On the evening of April 26th, RuneChain announced that the rune staking event is now live, and staking RUNIX can earn up to 50% annualized yield, which is currently 30%. At the same time, the platform supports staking DOG and RSIC rune projects to enjoy an annualized rate of return of 25% and 20% respectively.
Rune staking
Judging from the current planning of the project team, Rune RUNIX will have certain empowerment in the later stage, including enjoying transaction discounts, obtaining transaction benefits, participating in governance, etc.
Regarding secondary trading, OKX data shows that the total trading volume as of today is 3.84 BTC, and the current floor price is 6 sats (worth about $0.0038).
Source: OKX Web3 Marketplace
5 号符文:DOG•DOG•DOG•DOG•DOG
Regarding Rune 5, we don't know the identity of the project's deployer, it's a community-autonomous project, and the project didn't airdrop. Some community members have speculated that the deployer is also Runestone's founder Leonidas, looking forward to Runestone's next airdrop project, DOG•DOG•DOG•DOG•DOG. Therefore, you need to pay close attention to the market dynamics to get information about deployers, especially rune holders or users who are ready to buy runes.
6 号与 7 号符文：SATOSHI•NAKAMOTO 与 MEME•ECONOMICS
No. 6 and No. 7 are also anonymous rune items, but unlike rune No. 5, these two items are publicly minted and are currently 100% of the supply circulating in the market. Many members of the community believe that the Bitcoin ecosystem should be "fair, just, and open", so they pay close attention to the dynamics of the No. 6 and No. 7 rune projects.
Regarding secondary trading, the 6th rune SATOSHI•NAKAMOTO has a total trading volume of 3.32 BTC as of today, with a floor price of 0.00000006 sats (worth about $0.000000000038) and a market cap of about $800,000.
Source: OKX Web3 Marketplace
Rune 7 MEME•ECONOMICS has a total trading volume of 20.76 BTC as of today, with a floor price of 450 sats (worth about $0.28), and a market cap of about $6 million.
Source: OKX Web3 Marketplace
8 号符文：RSIC•GENESIS•RUNE
Regarding Rune 8, it is deployed by Runecoin with a total amount of 21 billion, and the tokens are currently in circulation. Today, OKX officially announced that it will list RUNECOIN (RSIC•GENESIS•RUNE) at 18:00 p.m. Beijing time today. At the same time, the new phase of OKX's Jumpstart mining will start at 15:00 on April 29, 2024 Beijing time, and BTC holders can stake BTC to mine RUNECOIN (RSIC•GENESIS•RUNE). Due to the launch of OKX, it can be said that in addition to the No. 3 rune DOG, the No. 8 rune is also very popular in the community.
Source: OKX tweets
Regarding secondary trading, OKX data shows that the total trading volume as of today is 110.22 BTC, and the current floor price is 24.5 sats (worth about $0.015), giving it a market capitalization of about $346 million.
Source: OKX Web3 Marketplace
9 号符文：LOBO•THE•WOLF•PUP
Regarding Rune 9, it is deployed by Buoyant Capital, which is listed in the top 30 on the Binance Leaderboard and the top 10 on Binance Traders in the X platform profile. The total amount of the project is 21 billion, and all tokens are currently in circulation.
On April 23, Buoyant Capital posted on platform X that rune 9 will airdrop LOBO to Rune Door and Runestone holders, and the snapshot will be taken at block height 840,574. 367,500 LOBOs (currently worth about $404.25) are airdropped per Rune Door, and 102,772 LOBOs (currently worth about $113.05) are airdropped per Runestone.
图源：Buoyant Capital 推文
At the same time, due to the high community enthusiasm for Rune 9, on April 28, Gate.io announced the listing of LOBO tokens.
Regarding secondary trading, OKX data shows that the total trading volume as of today is 35.72 BTC, the current floor price is 1.74 sats (worth about $0.0011), and the market capitalization is about $22.89 million.
Source: OKX Web3 Marketplace