Satoshi

Dog (Runes)

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Ordinals developer Leonidas Leonidas, who also founded the Runestone project,&nbsp;<a href="https://x.com/LeonidasNFT/status/1796253757111697753" rel="noopener noreferrer nofollow">believes</a> that Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is "almost certainly aware" of the current meme coin frenzy on the blockchain if they are still alive.&nbsp;
"It's crazy to think that if Satoshi is still alive he is almost certainly aware of $DOG and the new memecoin trend on his chain," he wrote on the X social media network.&nbsp;
Runes Protocol, which went live after Bitcoin's halving, is a new token standard that makes it possible to issue fungible tokens on the Bitcoin blockchain. It was developed by developer Casey Rodarmor, the mastermind behind much-hyped Bitcoin Ordinals.&nbsp;&nbsp;
The protocol acts as an additional layer on top of the main chain. It functions within Bitcoin's existing infrastructure.&nbsp;&nbsp;
As&nbsp;<a href="https://u.today/bitcoin-generates-24-time-more-fees-compared-to-ethereum" rel="noopener noreferrer nofollow">reported by U.Today</a>, Bitcoin experienced a massive surge in fees following the launch of Runes Protocol. On Apr. 20, it managed to generate 24 times more fees compared to rival Ethereum. Runes Protocol.&nbsp;
This massive spike in fees turned out to be short-lived. The protocol's momentum ended up waning in a relatively short period of time, and Bitcoin fees returned to normal relatively quickly.&nbsp;
After the initial hype dissipated, the protocol is once again making waves because of meme coin exuberance.&nbsp;
The Bitcoin-based DOG•GO•TO•THE•MOON (DOG) meme coin has surged by nearly 24% over the past 24 hours over the past 24 hours. In fact, it is now close to approaching the top 100 cryptocurrencies by market cap after its valuation reached nearly $800 million.&nbsp;

Satoshi "Almost Certainly" Aware of DOG Meme Coin If They Are Alive, Ordinals Developer Says

U_Today

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