301183
juanse

@juanse #301183

First and foremost, a Bandit. Building. Writing and reading. Commodities enthusiast. 100% correct opinions.
245 Follower 99 Following
We’ve created a Club on FriendTech to discuss Runes also. This is a 300 member strong group on Farcaster.

https://friend.tech/clubs/104289
This is a memecoin supercycle.

A memecoin supercycle where, for the first time, Bitcoin has its own memecoins.

Send them to Valhalla. Send them to Pupshalla.

Fulfill the $13B O.P.I.U.M prophecy and let the magic internet money flow.
RSICs just achieved the first tier 1 CEX listing for a Rune: @okxofficial.

They didn’t talk endlessly about getting one. They just got one. Every single time the RSICs team has spoken with actions and execution. Every single time.

Higher for RSICs. Higher for Runes.

The first of many.
The #2 trending token on Solana is the bridged BRC-20 token of the best memecoin on Bitcoin.

$PUPS will continue to show the way by having tokens hosted on the mother chain and traded in multiple venues.

The migration to the Runes protocol is next.
The grind-up of RSIC Runes has been nothing short of impressive. The volume has remained constant, with not a single announcement from the team, just an astounding market desire to acquire RSIC Runes.

The team executed a perfect airdrop at a cost of $400K, and not a single inscription or rune has been sold by the team
There’s the Runes meta, which will help push everything launched beneath it. But then there are this cycle’s narratives, which will get pushed further by being under the Runes umbrella.

Study this cycle’s narratives and the Runes being launched using them.
Exposure to $PUPS (Runes) can be acquired through two assets:

$PUPS (BRC-20), which will receive 77% of the supply.

Rune Pups (Inscriptions), which will receive 23% of the supply. 🧵
The degen mind loves round numbers and low unit prices.

Aiming for $1 for a 1B supply token seems easier to the degen mind than aiming for $100 for a 10M supply token.

Somehow, the positive unit bias momentum that will come post-halving, once Runes start being traded, is not being fully considered. 🧵
If you’re not hearing the liquidity coming to fungible tokens on Bitcoin, you should be concerned. It sounds like 100 Roman legions marching towards you.

We’re on the verge of seeing multiple multi-billion dollar market cap tokens on Bitcoin.
The basket continues to be fairly easy: RSICs, $PUPS and $ZBIT.
My $OXBT trade is low risk and high reward. Current prices are negligible. Market cap is barely at 2M.

But $OXBT is not just any BRC-20. It was one of the most hyped BRC-20s in 2023.

Every single person who minted $OXBT is an Ordinals OG. There’s a very valuable community of holders to be leveraged and reignited.
A simple explanation of Ordinals, Inscriptions, Rare Sats, BRC-20s, and Runes.

This can help someone who’s just entering this ecosystem.

It’s simple, but it’s a long thread. 🧵
Less than one year away from turning this chart orange.
If the governance token of a bridge reached a 16B FDV on its launch date, anything, and I mean ANYTHING can happen to our Runes.
Retail has not yet arrived to Ordinals.

The number of users trading NFTs on ETH reached 1M in January 2022. We’re not even at the level of users trading NFTs in January 2021 (30K).

We’re at the very beginning of this. Will it reach 1M daily users? Maybe. Will it significantly exceed 15K daily users? Definitely.
Some thoughts on Runes.
Some thoughts on Runes.
Position yourself for Runes.

There’s a high chance of landing some of the most significant 100x opportunities in Q2 and Q3. It may seem like there are many projects, but in reality, there aren’t. You have approximately 15-20 pre-Runes projects (both pre-Runes inscriptions and BRC-20s set to migrate). 🧵
We do a little sharing 1/1 PFPs by Penz
Rune Totems (TGOB) are back. The account published some data:

The Tgob mining period is at 51.22%

3,474 Rune Totems activated and 1,929 sacrificed.

This is one of those projects that I like. Maybe because they use this little dude:

☻/
/▌
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Cultural references on the @bitdogs_btc art are on point. I like them.

10K PFP collection that will mine BitDog Runes and will give $OXBT holders mint passes (1 mint pass per 5,000 $OXBT held).
Bitcoin dominance will rise in the coming months, and Bitcoin will have a stronger position to ‘defend’ its dominance during the peak of the bull market.
Almost $200M in volume for Ansem’s cat, $HOBBES memecoin, during the last 24 hours.

The cumulative volume of the top 4 pre-Runes projects by market cap (Runestone, RSICs, $PUPS, $ZBIT) during the last 24 hours: $2M.

They’re actually letting us get away with this.