Ordinals are dead and going to 0! Since this is the case I should give away another @fomojis since they will be worthless anyway! Like and retweet to enter! Will pick a winner tomorrow!
Geez! I hop on a plane for half a day and all of a sudden runes are dead and never coming back! People comparing runes to Solana right now is not a fair comparison. Solana is 5 years ahead in the infrastructure build out of their trading platforms. Runes haven’t even been here a year. If the trump token came out last cycle on solana the whole chain would have crashed so hard and one of the largest platforms for trading it didn’t exist in moonshot!
I agree completely the pumpability of a sol token is way higher now vs any rune. Why? Our main trading platform is an order book. Also free and fair. Sounds great until a “team” needs to step up and fund liquidity pools. Order books can have a place in fungible trading but shouldn’t be the main trading mechanic. Why is my rune worth more or less than someone else’s rune when I list it in any block size I choose for sale? It isn’t and the market sets the price and you choose to buy or sell into that price.
So if someone is looking for that sugar high in the next few weeks, Solana is your jam! But watch out for the rugs by the dozens every few minutes. We see all these posts about the massive wins but for some reason these people haven’t retired yet? Why? They’ve been rugged just as many times.
I’m still very bullish runes as better trading gets built out. Some runes have stepped up and started to provide liquidity and Solana is being used by some as a bridge to getting better tech on bitcoin but if runes are solely reliant on Solana to trade I think they fail. I’ve been in the trenches working for my bags, talking with builders, giving feedback, providing liquidity and grinding.
Most of the pre rune infrastructure runes will fail but I do believe 5-10 will survive and thrive! The next meta will be LP being built as the rune gets minted out like a few have built already and faster trading with @ArchNtwrk and @bitflow are working on. There will be a moonshot for runes as well.
Many have already capitulated or slowing selling their bags and good for them. Everyone should feel free to buy or sell anything at any point with no remorse or sell shaming. But there is also many holding their bags to 0 with the hope for some amazing gains in the future. Meme trading is always a risk. My runes bag is riding for massive gains and I’m willing to wait to achieve that. Ride or die and I’m happy with my decision in continuing to hold runes.
On May 24 2023 we inscribed 200 Cursed Fomojis
Inscription Range: -3051 to -3285
Total Collection Size: 3.85 GB of data
Inscription Fees: 0.5 BTC
This week we set 197 of them free 😈
https://t.co/JROuy5FM0W
On May 24 2023 we inscribed 200 Cursed Fomojis
Inscription Range: -3051 to -3285
Total Collection Size: 3.85 GB of data
Inscription Fees: 0.5 BTC
This week we set 197 of them free 😈
https://t.co/JROuy5FM0W