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Introduction to the ‘Dog Go To The Moon’ Meme Coin
The cryptocurrency landscape is buzzing with excitement over the Runestone project’s latest initiative. After a triumphant airdrop in March, the team is setting the stage for another generous distribution, this time featuring a meme coin modelled as an endearing puppy.
What’s in Store for Runestone Holders?
Bitcoin wallet owners who received Runestones previously are in for a treat. They are slated to receive three unique meme coins, starting with the charming ‘Dog’ coin. Eligibility for this airdrop, however, hinges on the retention of the original Runestone inscriptions.
Excitement Builds on Social Media
The anticipation is palpable, as Leonidas, head of the Runestone project, teases the community: “THE CUTENESS YOU ARE ABOUT TO RECEIVE WITH THE DOG GO TO THE MOON AIRDROP IS UNMATCHED IF YOU’RE A RUNESTONE HOLDER.”
Leonidas further detailed that this ‘Dog’ meme coin would be dispensed to Runestone holders coinciding with the activation of the Runes protocol during the Bitcoin halving. Holders needed to ensure their inscriptions had not been sold or transferred to remain eligible.
Future Airdrops Announced
Leonidas has sparked even more excitement by announcing additional airdrops:
DOG GO TO THE MOON: Launching NOW
Two more meme coins with undisclosed names are planned for later this year and another when the project hits the number one spot in rankings.
“The only requirement to qualify for the Dog airdrop is to keep your Runestone,” Leonidas affirmed.
Snapshot and Token Allocation Updates
Leonidas recently updated the community via Twitter about the airdrop preparation: “The Runestone snapshot for the $DOG airdrop has now been taken. For every Runestone you held at block 840,269 you will receive 889,806 $DOG Runes tokens. $DOG will be airdropped automatically into your wallets in the coming days. No claim process needed. Please be patient.”
DJBubblegum.sats also shared insights on Twitter about the significant financial possibilities for holders: “The total supply of $DOG is 100,000,000,000. Each Runestone holder receives 889,806 DOG tokens. Depending on the market cap—$1 billion, $10 billion, and $100 billion—the per-holder value could reach $8,898, $88,980, and $889,806 respectively. Holders, rejoice as your wallets may soon swell!”
Previous Airdrop and Future Plans
In the past month, over 112,383 Bitcoin wallets were blessed with Runestone Ordinal inscriptions, facilitated by the collaboration with the Ordinal minting platform, Ordinalsbots. This initiative was strategic, laying the groundwork for the upcoming Runes fungible token standard created by Rodarmor, the innovative mind behind the Ordinals protocol.
Marketplace Performance and Expectations
According to the Inscription marketplace Ordinals Wallet, Runestone has seen a trading volume of 41.6 BTC, roughly amounting to $2.9 million since its inception. Leonidas commented on the potential, “If Ethereum’s dog coin can secure a $17 billion market cap, Bitcoin, being substantially larger, definitely merits its own widely embraced dog coin.”
As meme coins gain traction on the Bitcoin network, Leonidas is optimistic about their future, envisioning the ‘Dog’ coin as a catalyst that could potentially bring millions of new enthusiasts into the Bitcoin fold.