Ordinals Developer: Ordinals is the NFT on Bitcoin, Runes is the memecoin on Bitcoin
Ordinals developer Leonidas tweeted predictions about the evolution of Runes: 1. The Runes protocol was launched, used by some tech personnel, but ordinary users complained about poor user experience and medium influencers ignored Runes. 2. User experience improved, some large exchanges listed Runes, but medium influencers still denied Runes and watched its market value rise. 3. After the market overheated adjustments appeared, medium influencers began to blame that Runes were just a temporary craze. 4. Builders continued to work hard attracting more mainstream investors making early holders profitable; Medium influencers secretly followed Runes waiting for an opportunity to buy low and promote high loudly. He stated that Ordinals are just NFTs on Bitcoin while Runes are merely memecoins on Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Circle issues 500 million USDC on Solana
Uzbekistan approves the use of stablecoins for payments under new sandbox mechanism
20,000 ETH transferred out from a certain exchange, worth $61.21 million
The probability of "OpenSea launching a token this year" rises to 52% on Polymarket