So many people are underestimating Runes
The memetic culture around Bitcoin is second to none
A cute $DOG repping an orange hoodie is making decentralization cool again
Iconic OG memes that are deeply ingrained into Bitcoin's culture have been tokenized as $MIM and $BILLY and are now onboarding the next generation of Bitcoiners
Fresh new memes like $PUPS and $GIZMO are successfully orange pilling degens from Solana and Ethereum who yearn for authentic bottom-up communities
It’s very easy to see the 10x-20x in the runes ecosystem in the next weeks/months.
It would basically put runes slightly over the Nov. 2024 market cap levels. It wouldn’t even reach the BRC-20 2023 levels.
A 50x, with proper attention + CEX listings, wouldn’t be surprising.
For example, a 50x on $MIM (the most iconic crypto meme), would mean a 2.5B market cap (that’s below the current market cap of several memecoins).
A 50x on $PUPS would mean 1.8B market cap (below 40% below $PENGU ATH) and 3x the prior $PUPS ATH.
A 50x on $BILLY would mean 1B market cap (basically fulfilling the name of the token).
And a 50x on $DOG would mean going past $SHIB 20B market cap on 2024, but being 40% below its 2021 ATH.
Not crazy at all for the memecoin ecosystem of the most important blockchain in the world.
I am tired of seeing these weak predictions about Runes and Ordinals
Reaching a billion dollars is nothing
This is Bitcoin!!!!!
Together we can create a trillion dollar token economy on top of the world's largest and most most decentralized crypto-economic network
$DOG to $1