Ethereum

Memecoin

Million

PUPS, which describes itself as a Bitcoin memecoin, has seen a significant increase in value, with a 50% jump in just 24 hours. This increase is largely due to anticipation surrounding the upcoming Runes protocol. Investors are increasingly taking risks on Bitcoin-related tokens and networks as the BTC halving event approaches. 
At the time of writing this article, the PUPS altcoin is trading at $76.64 with a 58% rise in the last 24 hours and has a market value of $595 million. This makes it the third largest Bitcoin-based token after ORDI and SATS. 
PUPS also leads in global sales and volumes among all NFT collectibles. According to data from Cryptoslam, PUPS saw volumes of over $11 million. Other Bitcoin Ordinals collections and NodeMonkes signaled a continuation of the trend of interest in Bitcoin NFTs that started earlier this week, with volumes of $7 million and $1 million respectively. 
Related News: <a href="https://en.bitcoinsistemi.com/great-news-for-bitcoin-and-ethereum-from-hong-kong-spot-etfs-launch-on-monday/" target="_blank" rel="dofollow">Great News for Bitcoin and Ethereum from Hong Kong: Spot ETFs Launch on Monday</a> 
PUPS, currently offered as an Ordinals token, plans to switch to the upcoming Runes protocol after the halving. 
The Runes protocol, which is expected to be implemented after Bitcoin's halving, promises to take the Ordinals protocol one step further by making transactions even cheaper and faster. Ordinals are known as a way to embed data into the Bitcoin blockchain by adding attachments such as digital video, images, text, etc. to small Bitcoin-based transactions. 
However, it should be noted that these are essentially additions to satoshi in the BTC network and do not actually have a value of more than 1 satoshi. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/another-memecoin-booms-market-cap-exceeds-600-million/">Another Memecoin Booms: Market Cap Exceeds $600 Million</a>

Another Memecoin Booms: Market Cap Exceeds $600 Million

Bitcoin Sistemi EN

2024年4月12日公開の他の記事

Traders Forecast Massive Rally For Altcoins, But Why Is Sentiment “Down”?

ROBLOX NFT Integration!?

Crypto Mining Faces Electricity Clampdown in British Columbia

Russia Bypassing Economic Sanctions By Using Tether’s USDT Stablecoin As Alternative Payment Source

Impact of Bitcoin Halving On The US Crypto Market

XRP Struggles to Climb: Analyst Dark Defender Sheds Light on Possible Price Movements

ニュースレターを購読して暗号資産の最新情報を毎日入手！