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This is going to be your ultimate runes Guide what are runes why should you pay Attention and what are the best projects In this ecosystem that is launching with The Bitcoin having so let's just Dive Right In everybody runes ecosystem Explained like you're five years old and I want to give a big shout out to zerox Tendor uh for putting together this Great great resource here so he's very Bullish on it saying this is a 100x Opportunity in crypto and you are still Very very early it is launching this Week and the early users are going to Enjoy the ride so let's figure out how To be an early user here so first what Are runes runes not a project it's not a Token it is a protocol on bitcoin Projects are building on the protocol And they will launch tokens you can Trade after the Bitcoin having this is The most important thing that the Deens Should understand here now let's dig Into the timeline a little bit first the Timeline runes is launching on bitcoin Having day this is about 4 days uh from Here he posted this yesterday we're About 3 and a half days away right now We're in the pre- runes phase there is No token on the runes protocol however They are trying to gain the user base as Much as they can in this phase resulting In the pre- runes nft collection launch All right so what is the pre- runes
Collections you can check these out on Magic Eden I pulled up magic Eden right Here you can see right there next to Ethereum next to polygon next to salana They have Bitcoin so if you click on Bitcoin you'll see the runstone right Here floor 0.07 Bitcoin and some of these Collections are going for much much Higher you can see wizards is.3 has a Less Supply and some of these like node Monks 04 Bitcoin and so some of these Get very very expensive tens of Thousands of dollars and the reason They're hitting tens of thousands of Dollars is each collection has a Different way to distribute tokens after The runes launch these are all the pre- Runes projects that are trying to Participate post having with the Protocol all right we keep scrolling in Here here's an example we just saw Runstone runstone number one project by Market cap uh market cap of 8,000 Bitcoin gez and if we uh look here so Runstone leading collection by leonitis Leonitis Og and uh you know nfts I hold A crypto skull uh it's one of the first It's the first 10K pfp project on Ethereum you can see that's a crypto Skull right there so been following this Guy for a long time really really uh Highly respected builder in the space And runstone M the largest Bitcoin Block
In history so they're part of Bitcoin History you know just uh just by this Little mint right there inscription Number 63 million 140k 674 all right so These nfts were air dropped to the Holders of three or more inscriptions There's 112,000 eligible wallets who received This at the time worth around $5,300 so we're seeing the same playbook Play out here so this Playbook hold Three inscriptions you got a runstone This Playbook hold runstone and then you Get to participate in the post runstone Protocol airdrops and so runstone Holders are going to receive three runes Meme coin airdrops in total these are Going to be Bitcoin memec coins I got a Quick uh thesis on bitcoin meme coins I Do think there's going to be OG Bitcoin Whales these people that mined in 2012 People sitting on hundreds if not Thousands of Bitcoin or maybe just Dozens of Bitcoin they don't want to Spend their hard-earned Bitcoin on some Dogecoin they don't want to buy an nft On ethereum but what they might do is Spend sub tooshi on bitcoin meme coins Why for the culture for the same reason You see these Bitcoin ogs say the only Way you get my Bitcoin is you pry it out Of my cold X hands well these people are Going to consider this as participating Within the Bitcoin ecosystem so I think
They're going to spend money here a lot More easily than they would if Doge was Going to pump and you know they're on The fence of whether or not to buy some Doge the these people are going to Deploy serious Capital there's serious Mega millionaires in this ecosystem Waiting to spend their Bitcoin because They're just bored they're just sitting Looking at their Bitcoin they want to do Something they're that Meme where you Poke it with the stick come on do Something that's what they're saying to Their wallet's full of Bitcoin here so This is a one example of the Gamification uh to gain the new users in Community however he talks about a Ceiling for runestone so it's a $600 Million market cap currently limiting The upside of the air drops and the Entire ecosystem its value will be Diluted into the three meme airdrops Which do not come all at once and so When you have a protocol worth a billion And they airdrop something that's just Let's just say worth 200 million Typically you're going to see that value Come from somewhere and so the OG Collection you know after you get your Air drop after you're given your free Item you're like well what the heck am I Holding this runstone for you know maybe Some people sell after one airdrop maybe Some people sell you know after two uh
Maybe you have to huddle you know so It's going to be a lot of details here This is a post from last week they will Receive these three meme coins you're Going to get dog and then missing and Missing so we don't know what these are Going to be maybe cat you know maybe Something like that maybe sat I don't we Don't know it'll be uh interesting to Follow this and we'll we'll do some Videos on this as well so here's tendor Strategy focus on potential meme coins And this is where I get excited Infrastructure plays meme coins are Going to be tokens that gain a lot Attention this is good advice right here You should not spray and prey or pray And spray on random Launchpad Collections so you don't want to just Look at a Launchpad 10 projects dropping In the next 48 hours you know what I'mma Put 0.01 Bitcoin in all of them you Don't want to do that you're probably Going to end up getting wrecked but if You do a little bit of research gauge The size of the community then you can Imagine how far it can go now you go From well you know I'm just going to put Uh some funds into everything now you're Doing the the top five of a day or your Your three favorite or just just one you Know this is the one I feel it's a Winner that strategy is going to give You a much higher success rate you know
Compared to just buying everything you Don't want to do that he has two picks I Told you we' give you a couple picks Here first one we got pups pups is going To be pups token 31,000 followers on There followed by some pretty smart People and then after that we're going To have Rooney by Run's terminal 52,000 Follower followed by a lot of the same People gain hype as a infrastructure Play on the runes ecosystem still hasn't Launched yet if I were to choose one I Mean I feel like if you catch a bottom Pups is going to be better but you know You got to really watch that chart find Your exit strategy you know exit at the Top Rooney might be one that you can Just kind of set it and forget it you Might like to be able to go to sleep at Night without having to worry about your Meme portfolio crashing 80% overnight There keep scrolling you can see other Promising projects that will launch Right after here uh you know he has a Great uh telegram if you want to check That out here and if you want to follow This guy it is 0x tendor with two RS uh The guy with 39,000 followers let's blow Him up show him a little support here I Sent him a message saying I appreciate This thread and so I hope this explained The runes ecosystem kind of help you Make a better decision because the Having will freak everybody out and
Since with having is just right around The corner expect a lot of volatility in Bitcoin this is the last having 2020 and You just see we saw a lot of violent Moves uh you know in that period just Catching the top of that candle uh you Ended up seeing a a very very sharp Decline just in about 24 48 hours there But then after that we end up seeing a Very good bounce uh so you know expect Volatility The Leverage uh Traders a lot Of them are going to get wrecked the Market will try to shake you out it will Try to liquidate you do not let that Happen uh you know if you are going to Trade use very very small leverage or Better yet you know maybe during a one Two four hour window just step away from The charts don't try to chase anything Here markets are designed to wreck you There so that's what we're watching That's my uh explainer for the room Ecosystem let me know what runes project Has you excited that's all we got
