The Meme Coin rebound trend has been circulating among various ecosystems recently, from Ethereum to Solana, and now, this wave of speculation 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, rising over 20% in the past 24 hours.
Meanwhile, the currencies related to the “Runes Protocol,” which was deployed following the Bitcoin halving in May of this year, have also shown significant rebounds recently. According to data from GeniiData, Rune trading volume has been picking up since May 20th.
The total market value has also surpassed the ten billion dollar mark, reaching close to $1.7 billion.
Among all the Rune currencies, the highest trading volume is in DOG•GO•TO•THE•MOON, distributed through Rune Stone NFT airdrops, with a trading volume of approximately $9.3 million in the past 24 hours, and the price has risen from 3.8 sats on May 20th to 11.42 sats. Additionally, CATS•IN•THE•SATS is also worth noting, with its price increasing from 40.56 sats on May 20th to 1,778 sats, a more than 4-fold increase, and the current market value is only $24 million.