TechFlow news, according to GeniiData, the overall market cap of the Runes sector has dropped to $927 million. The No. 3 rune, DOG•GO•TO•THE•MOON, leads with a market cap of $262 million, followed by the No. 13 rune, PUPS•WORLD•PEACE, at $158 million, and the No. 8 rune, RSIC•GENESIS•RUNE, at $157 million.
Previously, on March 26, Ordinals founder Casey Rodarmor stated, "If the market cap of the Runes ecosystem does not reach $1 billion within one month of launch, I will commit seppuku."
Notably, Bitcoin completed its halving event on April 20, 2024, at 8:10 a.m., when the Runes protocol mainnet officially launched—now over a month ago.
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