Runes prices

Runes market prices

Q: Who created Bitcoin Runes?

Casey Rodarmor, a well-known developer, is the creator of the Runes Protocol, which was launched in April 2024. He is also renowned for developing the Ordinals feature on the Bitcoin blockchain. Casey's involvement adds credibility and excitement to the project, given his strong track record in developing innovative solutions for Bitcoin. His active participation in the core team has generated trust and enthusiasm within the Bitcoin community, making the Runes Protocol highly anticipated.

Q: How does the Runes Protocol improve upon the BRC-20 token standard?

The Runes Protocol improves upon the BRC-20 token standard by addressing the main issue of creating surplus 'junk' UTXOs that can clog the Bitcoin network. It achieves this by leveraging Bitcoin's native on-chain data storage and utilizing the OP_RETURN part of transactions, resulting in cleaner and more efficient transactions. This approach reduces network congestion, leading to faster, more reliable, and less expensive transactions. Furthermore, the protocol's compatibility with the Lightning Network further enhances transaction speed and reduces costs.

Q: What are UTXOs and how do they relate to the Runes Protocol?

UTXOs, or Unspent Transaction Outputs, represent remaining Bitcoin amounts from prior transactions that have not been spent. The Runes Protocol utilizes UTXOs to generate new transactions, ensuring each Bitcoin's traceability to its origin. This approach enhances security and authenticity by mitigating the risk of coin duplication. Leveraging UTXOs, the Runes Protocol maintains a streamlined and efficient transaction system, thereby improving the overall user experience on the Bitcoin network.

Q: How does the Runes Protocol enhance security and stability for Bitcoin transactions?

The Runes Protocol enhances security and stability for Bitcoin transactions by utilizing UTXO for on-chain data storage. This approach reduces security vulnerabilities and ensures stronger safety features. Additionally, Runes is more resistant to blockchain reorganizations, thereby providing greater transaction stability and a more secure, reliable platform for users

Q: How can one buy, sell, and view Runes?

To engage with Runes, users need a Runes-compatible Bitcoin wallet, a supply of Bitcoin for transactions, and can utilize platforms like Bitget for token management.

Q: What Is the significance of the Runestone NFT project in the context of Runes?

The Runestone NFT project airdropped free Runestones to wallets with three or more digital items before its launch, creating excitement and drawing a larger audience to the Runes ecosystem. Runestones act as a gateway for users to acquire Runes, improving accessibility and encouraging participation. The project's success highlights the potential for broad adoption and community engagement, aligning with Bitcoin's mission of economic freedom and inclusivity.

Q: What benefits does Lightning Network compatibility bring to the Runes Protocol?

Lightning Network compatibility enables Runes transactions to circumvent delays and high fees typically associated with the Bitcoin network. This additional layer built on top of Bitcoin facilitates faster and more cost-effective transactions by processing micropayments off-chain and settling them on the Bitcoin blockchain. For users, this translates to enhanced transaction efficiency, reduced costs, and improved scalability. Integrating Lightning Network compatibility enhances the usability and appeal of Runes, making it a more practical and attractive option for conducting token transactions on the Bitcoin network.

About Runes

The Bitcoin Runes protocol is a new fungible token standard on Bitcoin, launched at the end of April 2024 by Casey Rodarmor. This protocol aims to simplify the creation and management of fungible tokens on the Bitcoin network. Unlike Bitcoin's Ordinals protocol, which embeds unique, non-replaceable tokens permanently onto satoshis, Runes issues interchangeable tokens embedded onto satoshis. Bitcoin Runes operates on a UTXO-based protocol, where each transaction begins by selecting unspent Bitcoin pieces to create new transactions. This approach ensures the uniqueness and authenticity of each Bitcoin by tracing its origin back to creation, preventing unauthorized duplication. This feature provides confidence that any Bitcoin owned or transacted is genuine and verifiably yours.

BRC-20 ARC-20 Runes

All Runes tokens

21,920 tokens

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Tick	Price	24h change	Market cap	Volume (24h)	Holders	Transaction

RUNES•X•BITCOIN	$0.{5}2611 0.002500 Sats	-0.06%	$549,064.41 5.26	$47,526.39 0.7553	105,525	20,505
EPIC•EPIC•EPIC•EPIC	$0.002653 2.54 Sats	15.90%	$2.66M 25.43	$32,444.95 0.5156	92,170	20,086
RSIC•GENESIS•RUNE	$0.001482 1.42 Sats	-6.02%	$30.35M 290.53	$56,703.15 0.9012	100,382	55,224
DOG•GO•TO•THE•MOON	$0.004686 4.49 Sats	10.69%	$481.39M 4,608.58	$305,985.61 4.86	100,572	182,807
LOBO•THE•WOLF•PUP	$0.0005138 0.4919 Sats	-2.52%	$10.80M 103.44	$10,919.65 0.1735	56,244	26,718
GOB•IS•GOB•IS•GOB	$0.001233 1.18 Sats	0.87%	$1.90M 18.16	$2,100.35 0.03338	44,611	10,514
DECENTRALIZED	$0.0001556 0.1490 Sats	-0.48%	$3.32M 31.79	$55,117.33 0.8760	39,966	18,253
HONEY•BADGER•COIN	$0.{9}3969 0.{6}3800 Sats	8.57%	$397,418.77 3.8	$1,705.46 0.02710	36,235	3,725
Z•Z•Z•Z•Z•FEHU•Z•Z•Z•Z•Z	$3.65 3,499 Sats	-5.46%	$418.22M 4,003.83	$7,545.68 0.1199	30,165	46,862
COOK•THE•MEMPOOL	$0.0005641 0.5400 Sats	0.17%	$511,068.14 4.89	$8,096.87 0.1287	28,264	56,910
BURN•BURN•BURN•BURN	$0.{5}7103 0.006800 Sats	-0.08%	$62,725.23 0.6005	$258.87 0.004114	27,822	788
GREED•FRAGMENTS	$0.01567 15 Sats	4.27%	$329,432.69 3.15	$99.73 0.001585	24,062	1,212
SATOSHI•RUNE•TITAN	$0.1001 95.8 Sats	-1.30%	$2.01M 19.27	$38,204.53 0.6072	24,012	26,512
SATOSHI•NAKAMOTO	$0.2037 195 Sats	4.51%	$4.33M 41.42	$10,291.81 0.1636	16,052	23,771
FOR•THE•CHILDREN	$0.{5}7834 0.007500 Sats	19.18%	$164,952.04 1.58	$534.84 0.008500	16,253	7,288
BITCOIN•PEPE•MATRIX	$0.{4}9401 0.09000 Sats	6.21%	$653,419.01 6.26	$942.2 0.01497	14,037	8,373
AMAZING•PYRAMID•NUMBER	$0.1327 127 Sats	-8.23%	$126,544.86 1.21	$2,146.82 0.03412	14,077	2,708
BULLX•BULLX•BULLX	$0.05014 48 Sats	4.55%	$1.05M 10.09	$0.00 0.00	12,441	964
GENESIS•X•RUNES	$0.{6}5223 0.0005000 Sats	4.55%	$104,583.89 1	$0.00 0.00	12,152	165
PIZZA•DELIVERY	$0.{4}8356 0.08000 Sats	0.10%	$965,256.97 9.24	$0.00 0.00	11,823	2,561
RUNE•ALPHA•COOK	$0.001400 1.34 Sats	1.74%	$278,799.44 2.67	$90.36 0.001436	10,842	1,679
RARE•WIZARD•ORB	$0.{5}4959 0.004748 Sats	4.55%	$358,902.09 3.44	$297.71 0.004731	9,901	6,270
JOKER•RUNES•COIN	$0.{5}9819 0.009400 Sats	0.47%	$206,930.71 1.98	$973.28 0.01547	9,898	20,179
WONDERLANDWABBIT	$0.{4}1671 0.01600 Sats	4.20%	$142,179.1 1.36	$12.98 0.0002062	26,583	2,662
THE•GOD•OF•BITCOIN	$0.{4}1358 0.01300 Sats	4.55%	$285,514.01 2.73	$0.00 0.00	9,074	1,408
SHADOW•WIZARD•MONEY•GANG	$0.004700 4.5 Sats	0.13%	$102,126.17 0.9777	$0.00 0.00	9,451	751
BITX•RUNES•DEFI	$0.005745 5.5 Sats	-0.37%	$130,567.75 1.25	$0.00 0.00	8,896	131
NICOLAS•PI•RUNES	$0.{4}6581 0.06300 Sats	-20.63%	$718,177.55 6.88	$79,671.15 1.27	11,146	53,821
DOPE•ASS•TICKER	$0.{4}1452 0.01390 Sats	-2.92%	$305,197.63 2.92	$0.00 0.00	7,627	3,171
SHORT•THE•DOLLAR	$0.{5}3029 0.002900 Sats	-5.91%	$303,171.95 2.9	$588.52 0.009352	2,562	3,309
MANIA•MANIA•MANIA	$0.{6}4708 0.0004500 Sats	1.21%	$219,389.89 2.32	$0.00 0.00	3,327	37
ORDINALS•RUNES	$5.12 4,900 Sats	4.55%	$5.12M 49.06	$0.00 0.00	3,179	34
THE•RESISTANTS	$0.002093 2 Sats	-25.65%	$43,416.09 0.4189	$20,910.66 0.3323	3,203	5,096
STARGATE•BTC•ECO	$0.0002930 0.2800 Sats	4.55%	$285,727.15 2.89	$21,805.31 0.3465	4,147	1,678
THE•DONALD•TRUMP	$0.001025 0.9800 Sats	-26.32%	$979,475.15 9.36	$39,994.96 0.6355	3,896	12,465
THE•SIGMA•STONE	$313,362.9 300.00M Sats	4.89%	$295,769.64 3	$42.06 0.0006683	3,122	424
THE•INFINITE•MONEY•GLITCH	$0.0001671 0.1600 Sats	4.55%	$167,334.22 1.6	$208.15 0.003308	3,124	510
ODIN•GOD•OF•RUNES	$0.0001045 0.1000 Sats	-1.13%	$198,633.4 2.07	$0.00 0.00	3,022	253
RSM•RUNES•STATE•MACHINE	$0.0008356 0.8000 Sats	1.61%	$836,671.09 8.01	$11,602.9 0.1844	2,879	20,355
BONES•OF•BITDOG	$0.0001977 0.1890 Sats	51.83%	$590,626.95 5.65	$19,290.81 0.3065	3,183	1,524
MEME•ECONOMICS	$0.04800 45.95 Sats	28.14%	$1.01M 9.66	$325.35 0.005170	2,839	2,335
KARMA•KARMA•KARMA	$0.0003134 0.3000 Sats	4.83%	$293,302.5 3.04	$0.00 0.00	2,816	82
SSSSS•BTC•SSSSS	$0.0007928 0.7590 Sats	-5.37%	$1.60M 15.34	$199.6 0.003172	14,219	1,175
OSHIRINOANA•INU	$0.0007103 0.6800 Sats	-1.05%	$0.00 0.00	$0.00 0.00	2,668	-
LAMBO•LIFESTYLE	$0.003635 3.48 Sats	7.24%	$70,939.25 0.6791	$0.00 0.00	2,481	178
CATS•MEMECOIN•ON•BITCOIN	$0.{6}8356 0.0008000 Sats	4.29%	$443,562.14 4.25	$848.77 0.01349	14,488	616
ORDINALSRDEAD	$0.003134 3 Sats	-1.20%	$0.00 0.00	$0.00 0.00	2,556	-
CATS•IN•THE•SATS	$0.05118 49 Sats	-3.69%	$977,336.42 9.36	$6,059.21 0.09628	2,626	7,836
WADDLE•WADDLE•PENGU	$0.002298 2.2 Sats	3.84%	$2.30M 22.03	$4,551.43 0.07232	5,159	6,060
RUNEKINGDOM•IO	$0.{4}8356 0.08000 Sats	-45.60%	$125,177.47 1.18	$0.00 0.00	2,495	27

FAQ

What is the Runes Protocol?

The Runes Protocol introduces a new token standard for creating fungible tokens on the Bitcoin network. Unlike BRC-20 tokens, which encode data on individual satoshis, Runes utilizes Bitcoin's existing UTXO model to minimize additional data stored on the blockchain. This specialized approach simplifies the generation and management of fungible tokens on the Bitcoin network.