The meme coin frenzy has been rotating among various ecosystems recently, from Ethereum to Solana, and now it seems to have entered the Bitcoin ecosystem. According to market trading data, the first token based on the BRC20 token standard, ORDI, broke through $50 this afternoon, with a more than 20% increase in the past 24 hours.
At the same time, the coins related to the “Runes Protocol,” which was deployed following the Bitcoin halving in May this year, have also shown significant rebounds. According to data from GeniiData, Rune trading volume has been picking up since May 20.
Total market capitalization also surpassed the $1 billion mark, reaching nearly $1.7 billion.
Among all the Rune coins, the highest trading volume is for DOG•GO•TO•THE•MOON, which was airdropped through Rune Stone NFTs. Its trading volume in the past 24 hours is around $9.3 million, and the price has risen from 3.8 sats on May 20 to 11.42 sats. Additionally, CATS•IN•THE•SATS is also worth noting, as its price has increased more than four times from 40.56 sats on May 20 to 1,778 sats, with a current market value of only $24 million.
