Content
@
0 reply
0 recast
0 reaction
juanse
@juanse
Bringing you some numbers. During the Runes are dead era (until early September), Runes had roughly ~800K-1M in daily volume (on-chain). It took only an increase of 3-5x in daily volume to send some of the leaders 5-10x in market cap during this last month. Some perspective: the numbers on Ordinals volume were almost exactly the same on almost exactly the same dates of 2023. During the last months of 2023 and the first Q of 2024, the volume increased to sustained 20M-40M daily volumes. The effect of those volumes on Runes will lead to several Runes achieving 1B and going beyond.
0 reply
0 recast
1 reaction
