Runes likely to have massive support after BRC-20 and Ordinals frenzy

PUPS, WZRD, and PEPE are gaining liquidity through Bitcoin Ordinals. Creator of Bitcoin’s Ordinals protocol is debuting a new fungible token standard to rival BRC-20, Runes. BRC20 was basically pumped-and-dumped in a week. This type of energy going into Runes shows we’ll have massive support. The pioneer cryptocurrency has had three narratives this year already, starting with the spot BTC exchange-traded funds , the recent all-time high of $73,777, and now the halving.

and don’t take unacceptable risks when you can’t afford to loose your money. pic.twitter.com/Xn5JvZCcL6 — Emanuele Vedova May 10, 2023 Nevertheless, the fees could only go higher with the creator of Bitcoin’s Ordinals protocol debuting a new fungible token standard, Runes, which is expected to rival BRC-20.

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Ordinals Defy Bitcoin's Design Principles but Offer Miners Huge Post-Halving AdvantagesAndy Handika is CEO and Co-Founder of Loka Mining, a platform that enables retail investors to acquire BTC at a lower than market price through co-investing to Bitcoin miners without any exposure to centralized party risk using a trustless non-custodial escrow solution.
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Ordinals drive ‘positive momentum’ in Bitcoin innovation — Franklin TempletonETF issuer Franklin Templeton recognized Bitcoin Ordinals as a driving force behind the “renaissance” of activities in the Bitcoin network.
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