CanFan1_777

[Arjun Sethi @arjunsethi]

Kraken is now live with $DOG

The history and architecture behind Runestone and $DOG is one of the most principled experiments we’ve seen on Bitcoin, and it deserves to be properly understood.

On January 22, 2024, @LeonidasNFT proposed a fully open-source airdrop for the Ordinals community. The plan: no team share, no insiders, no misleading marketing, and only volunteer contributors. The goal was to reward 100,000 of the most active Ordinals users based purely on on-chain activity, capped at one per address. This was designed to prevent whales from dominating the supply and to encourage true decentralization.

By January 25, the Runestone concept was introduced. Its mission was to create a transparent, fair, and decentralized reward mechanism for those who helped build the Ordinals ecosystem in its earliest days. Snapshot block 826,600 was chosen to mark the one-year anniversary of Ordinals going live. The airdrop mechanics and eligibility criteria were discussed publicly and transparently in Discord.

On January 27, Bitcoin engineers were called upon to help compile a list of eligible addresses. To qualify, an address needed to have at least three inscriptions. All plain text and application/json files were excluded. The process was independently verified and the full eligibility list was published openly for community review.

On March 3, @LeonidasNFT announced the Runestone inscription itself, designed by artist @cl_art_studio, as the largest Bitcoin inscription ever, at 3.97 MB. It also became the largest Bitcoin block in history, pushing the limits of what’s possible in Bitcoin’s base layer.

On March 8, a single Runestone was sold at auction for 8 BTC ($544,713). All proceeds went to cover network fees for the upcoming Runestone airdrop. Nothing was taken by the team (there was no team).

On March 16, the Free and Fair airdrop was executed. 112,383 Runestones were distributed 1:1 to the eligible addresses. No preferential treatment. No allocations to insiders. Just a massive, historic on-chain giveaway.

On April 6, Leonidas introduced $DOG, the first memecoin to be natively built on the Runestone foundation. DOG was designed to be a cultural wedge, a fun, friendly onramp to help millions of new users discover and engage with Bitcoin. But this wasn’t just a meme, it was a cultural statement.

On April 20, at Bitcoin block 840,000, Casey Rodarmor’s Runes Protocol went live. For the first time, Bitcoin had an ultra efficient, UTXO native way to issue fungible tokens. DOG was one of the first Runes to be etched, marking a turning point for tokenization on Bitcoin. $DOG was etched as Rune #3 in a 1,258,757 sat/vB transaction, the 5th most expensive Bitcoin transaction in history.

And on April 24, 100 billion $DOG tokens were distributed evenly to over 75,000 holders of Runestone Ordinal NFTs. That’s 889,806 $DOG per eligible wallet. There was no ICO. No token sale. No listing fee. Just a pure community airdrop with 100% of the supply circulating from day one.

On June 4, $DOG hit a $980 million market cap without any Tier-1 centralized exchange listings. It became the largest memecoin on Bitcoin and a definitive proof point for what is possible when a project is built with fairness, transparency, and decentralization at its core.

[Important to read] To the community: I want to sincerely apologize for not articulating this earlier.

There’s been confusion about $DOG’s origins and structure, and that’s on me. The truth is, $DOG represents one of the most authentic, community-driven launches in Bitcoin history. It's not just another token; it’s a statement about what Bitcoin can support when innovation meets principle.

And today, I’m proud to share that $DOG is now listed on Kraken. We believe in supporting real, grassroots innovation. No insiders. No shortcuts. Just real usage and real community. $DOG is Bitcoin by design.

More to come.

[Kraken @krakenfx]

RUNE JUNE 👀 🔜

[CanFan1_777 @CanFan1]

The best move for Canada is if Lib and Con can form coalition to be Canada First with super majority. Show the world how it should be done. One team not divided country.

#election #Carney #PierrePoilievre #CanadaVotes

[CanFan1_777 @CanFan1]

@LeonidasNFT Beta vs VHS battle on Bitcoin..

[Leonidas 🧡 $DOG @LeonidasNFT]

A letter to Crypto Twitter 🧵

You guys spend hours every day scrolling through this app looking for alpha

All of that time was well spent because it got you to this post

I'm about to give you the best alpha of this entire cycle so strap in

It is a fact that Bitcoin is the largest, longest running, most secure, most decentralized, most immutable, most censorship resistant, most globally recognized blockchain

It is also a fact that if you take those properties of the Bitcoin crypto-economic network and apply them to a single token the token becomes worth more than all other tokens combined

Of course I'm referring to BTC

Nobody debates this

Now here is where things get interesting

Very few people realize that you can take those same properties and apply them to a memecoin

What if there was a "BTC" of memecoins?

A memecoin that was able to tap into the $1.2T of liquidity on Bitcoin

A memecoin whose narrative transcended all other narratives because of Bitcoin's brand recognition amongst retail

Now here is the alpha

Every blockchain needs a dog memecoin

Ethereum has SHIB

Solana has WIF

But these are tiny testnet blockchains

What if the mother chain had a dog coin?

What if we called it $DOG and airdropped 100% of it for free to the tens of thousands of people who brought memecoins and NFTs to Bitcoin?

What if the airdrop was organized by volunteers so that there was no team or team allocation?

What if I told you that over the past 4 months this memecoin has assembled an army of holders unlike any that has ever come before it?

And lastly what if this memecoin had ZERO tier-1 exchange listings which means that if you are reading this you are early?

I am here to inform you that $DOG is not a hypothetical

$DOG is very real and ready to go to the moon and flip every single testnet memecoin in existence by harnessing the power of Bitcoin

$DOG is an opportunity that dwarfs all other memecoins due to the tremendous scale of Bitcoin

This is not a drill

The winners have already been selected on Ethereum and Solana but we're still in the first inning of Bitcoin's memecoin season

If you want to activate yourself into the $DOG Army and go to the moon with us then smash the repost button and go buy some $DOG!!!!!!!!!!!!!!!!!!

[CanFan1_777 @CanFan1]

Just opened my @EverdawnChamp card packs, looking fire Check them out here https://t.co/gMH0OPWz3j

[TOP DOG @TopDOGisOnBTC]

$DOG is on Bybit 🔥🔥🔥🔥🔥
Binance MUST list as well!! $DOG ARMY !! RETWEET THIS!

[CanFan1_777 @CanFan1]

@TopDOGisOnBTC Amazing

[Leonidas 🧡 $DOG @LeonidasNFT]

@wallstreetbets Should we send $DOG to the moon?

[CanFan1_777 @CanFan1]

We're now fed and not led anymore.

Changing trends - follow replaced by algo and tech.
Jack Conte | SXSW

[CanFan1_777 @CanFan1]

@ChibiClash GL

[Chibi Clash ⚔️ @ChibiClash]

🎟️ RAFFLE IS ALMOST HERE!

More than 50 tickets have been sold, don’t miss your chance to win a free NFT!

Visit our store and purchase your Raffle Ticket, you might be one of the lucky winners 🍀

[Leonidas 🧡 $DOG @LeonidasNFT]

1.4 TRILLION AUM FRANKLIN TEMPLETON JUST RELEASED A RESEARCH PAPER THAT MENTIONED RUNESTONE

[CanFan1_777 @CanFan1]

Interesting list of AI stock picks from TickerSymbol:YOU.
He's a Nvidia bull.

#NVDA

[Leonidas 🧡 $DOG @LeonidasNFT]

RUNESTONE ROLL CALL

If you will be receiving a Runestone:

1. Repost
2. Reply with a ᛤ
3. Follow 10 other stoners who replied

[CanFan1_777 @CanFan1]

Pre-register for @hytopia with my referral link to reserve your username and receive 2 exclusive launch edition lootboxes when public beta releases!

https://t.co/BnAR6O5yuS

#HYTOPIA

[CanFan1_777 @CanFan1]

@0xCitadel look forward to the game.

[Leonidas 🧡 $DOG @LeonidasNFT]

Runestone just mined the largest Bitcoin block in history and inscribed the largest inscription ever, AGAIN!

Introducing the 3.97 MB Runestone:

→ https://t.co/GxX7zQrreL

ARE YOU READY TO GET STONED?

[CanFan1_777 @CanFan1]

@ChibiClash gogogo