Magic Internet Money price

It’s very easy to see the 10x-20x in the runes ecosystem in the next weeks/months. It would basically put runes slightly over the Nov. 2024 market cap levels. It wouldn’t even reach the BRC-20 2023 levels. A 50x, with proper attention + CEX listings, wouldn’t be surprising. For example, a 50x on $MIM (the most iconic crypto meme), would mean a 2.5B market cap (that’s below the current market cap of several memecoins). A 50x on $PUPS would mean 1.8B market cap (below 40% below $PENGU ATH) and 3x the prior $PUPS ATH. A 50x on $BILLY would mean 1B market cap (basically fulfilling the name of the token). And a 50x on $DOG would mean going past $SHIB 20B market cap on 2024, but being 40% below its 2021 ATH. Not crazy at all for the memecoin ecosystem of the most important blockchain in the world.

HOW TO GET STARTED WITH RUNES 🧵 1. Set up your first Bitcoin wallet by downloading @XverseApp (make sure to store your seed phrase safely!) 2. Buy BTC in-app (with 100+ on ramp options including @moonpay) or send BTC to it from any exchange 3. Use Xverse Swap 4. Pick your favorite Rune. Maybe #1 Rune $DOG (DOG•GO•TO•THE•MOON) or $MIM (@MagicNetMoney) or $BDC (@billydollarcat) or $PUPS or maybe some $BRO? NFA, you choose! 5. Congrats you now hold a memecoin on Bitcoin Xverse makes it easy! P.S. ICYMI @krakenfx is about to list $DOG 👀

Top 25 Runes by Market Cap 1. $DOG ($522M) 2. $MIM ($54.3M) 3. $PUPS ($31.5M) 4. $BILLY ($19.3M) 5. $RUNECOIN ($14.5M) 6. $LIQ ($6.5M) 7. $GIZMO ($6.3M) 8. $LOBO ($6.2M) 9. $SATOSHI ($4.1M) 10. $UG ($4.1M) 11. $MORI ($3.4M) 12. $BRO ($2.9M) 13. $DECENTRALIZED ($2.4M) 14. $ZBIT ($1.9M) 15. $CYPHER ($1.8M) 16. $SAIKO ($1.2M) 17. $BIP ($1.1M) 18. $EPIC ($1.1M) 19. $RSM ($692K) 20. $WADDLE ($576K) 21. $WANKO ($563K) 22. $POOKA ($528K) 23. $CATS ($525K) 24. $PEPE ($521K) 25. $BAR ($434K)

What if Ethereum, Solana, and Cosmos Had a Baby? What if there was a chain that could farm yield like Ethereum, trade like Solana, scale like Cosmos, and actually bring real revenue on-chain without being another hype L1? 👇 🧵 Been deep-diving into @NibiruChain lately, and from what I am seeing, this one could be way more serious than most realize. Nibiru is building a full-stack smart contract ecosystem with some unique tech under the hood. At the core, you have a MultiVM architecture, meaning both EVM and Wasm smart contracts live together natively, with no weird bridging, and no clunky wrappers. Solidity devs can deploy using MetaMask, Remix, Truffle like usual, while Rust devs can tap into Wasm’s security benefits. It is basically modular computing without needing a fragmented rollup stack. On performance, Nibiru is clocking sub-2 second finality, pushing ~40k TPS, and running parallel optimistic execution to reorder and batch transactions for maximum throughput. No more getting rugged by sequential bottlenecks when the network gets spicy. Plus, gas fees stay cheap, making it real DeFi-ready for retail flow. A Flywheel for Sustainable Yields? What caught my attention even more is the real yield flywheel which instead of farming printed tokens that nuke as soon as emissions dry up, @NibiruChain is focusing on protocol revenue capture: - AMM trading fees - Lending interest - Perps open interest revenue - Oracle data fees - RWA tokenization margins This fee revenue is designed to flow back into vaults and liquidity pools, compounding the ecosystem’s native TVL and supporting actual sustainable APYs. Ecosystem Apps Are Already Shipping The ecosystem itself is getting stacked fast too 👇 - @okutrade is bringing the UniSwap V3 contracts to Nibiru. - Abracadabra (@MIM_Spell) is summoning some seriously high-yield cauldrons. - @OpenEden_X, @every_finance, and others are working on RWA vaults. - @LayerBankFi is building lending primitives straight on top of Nibiru’s oracle layer. - @axvdex bringing in value-capture DEX mechanics, including liquid staking support (stNIBI, xNIBI). - @SaiDotFun will be the native perps DEX on Nibiru Plus, @LayerZero_Core, @axelar, @StargateFinance and @squidrouter bridges are all wired up and ready to go, meaning omnichain liquidity flows are just warming up. There’s also a heavy focus on future-proofing. Nibiru is already layering in quantum-resistant cryptography (ML-DSA style), prepping early for the quantum attack surface most L1s are ignoring right now. Validators act as integrated oracles with fast off-chain data voting (~1.4s latency), and their custom NibiruBFT consensus with BLS signature aggregation allows a much larger validator set without bloating the network. Now for the real alpha, looks like @NibiruChain is gearing up for a major ecosystem-wide incentive campaign, but the details are still under wraps. PS: If you want a shot at getting in early before it kicks off, you need to sign up for their WEN page (no spoonfeeding ser, do your own digging). Access Code: NIBIEVM12 From what I’m seeing, Nibiru could be one of the few real L1s this cycle actually building a modular flywheel of yield, liquidity, and on-chain revenue, instead of chasing the next narrative meta.

5.14 Highlights of Crypto News 1⃣: Alkane Protocol $METHANE Shows Outstanding Price Performance The community-leading token $METHANE (Methane) on the Alkane Protocol has undergone nearly half a month of price consolidation at 8 sats per unit. Today, its price surged to 17 sats per unit, marking a +112.50% increase from the bottom. Its market cap has reached a staggering $17.6 million. (After the recent shakeout of new protocols, Alkane Protocol remains the strongest contender.) 2⃣: Lifofifo Launches Alkane Smart Contract Invocation Tool @lifofifo's new tool enables easy invocation of Alkane smart contracts, integrating broadcasts from @RebarLabs and @MARAHoldings to optimize Bitcoin transaction processing. The tool is free for holders of @TheWizardsOfOrd. 3⃣: Arch Updates Website UI @ArchNtwrk, which raised $13 million in funding, announced a complete UI upgrade for its website, signaling the imminent launch of its mainnet. Reportedly, the underlying protocol allows developers to execute smart contracts directly on Bitcoin's base layer without bridging or wrapping assets, thanks to its innovative execution environment, ArchVM. 4⃣: Proposal to Build Ordinals and Runes Data Center @shin_raton proposed establishing a comprehensive data center focused on Ordinals and Runes, covering data analysis and information services. The center may expand to include minting and trading tools in the future, aiming to fill the market gap left by @GeniiData's closure. 5⃣: "FUN!" Collection by Inscription/Runes Founder Begins Auction @heyparkerday announced the auction of the first inscription in the "FUN!" series. The inscription features @rodarmor, the founder of inscriptions/runes, as the main character. The auction is jointly presented by @InscribAtlantis and @TheBitcoinConf and will run until June 4 at 8:00 AM (Beijing Time). 6⃣: NodeMonkes Denies CryptoPunks Acquisition Rumors @nodemonkes issued a statement denying rumors of acquiring @cryptopunksnfts. Previously, Infinite Node Foundation announced the acquisition of CryptoPunks intellectual property from @yugalabs, leading to confusion due to the similarity in names. 7⃣: UniSat Releases UTXO Management Guide @unisat_wallet published a tutorial on managing UTXOs. It advises caution when unlocking UTXOs to avoid burning BRC20, Ordinals NFTs, or Runes assets. It recommends merging UTXOs when network fees are below 3 sats/vB to save costs, with the best rate being under 2 sats/vB to recover over 60% of value. UniSat also warns that if an asset-containing UTXO is mistakenly unlocked, it should be immediately locked again, and mixing different Runes assets during merging should be avoided. 8⃣: $DOG Featured on OpenSea Homepage @LeonidasNFT shared a screenshot showing Bitcoin Rune $DOG featured on @opensea's homepage as one of this week's highlighted currencies. ---------------- ▣▣▣ Today's Top Rune Tokens Compared to Yesterday's Market ❯ $DOG decreased by -0.78%, market cap $383 million ❯ $MIM increased by +4.10%, market cap $61 million ❯ $PUPS decreased by -2.23%, market cap $39.5 million ❯ $BILLY increased by +4.82%, market cap $23.9 million ❯ $RSIC increased by +9.77%, market cap $14.6 million ❯ $GIZMO increased by +15.09%, market cap $6.1 million ❯ $MORI decreased by -10.00%, market cap $2.7 million ▣ Total Rune Market Cap: Increased by +1.02%, $695 million ---------------- ◉◉◉ Today's Top BRC20 Tokens Compared to Yesterday's Market ❯ $ORDI increased by +9.83%, market cap $234 million ❯ $SATS increased by +22.73%, market cap $135 million ❯ $RATS decreased by -3.81%, market cap $30.3 million ❯ $PIZZA increased by +27.71%, market cap $10.6 million ---------------- That's all for now~ The ecosystem is booming, great news! #Bitcoin #Ordinals #Runes #BRC20