Within a week, Pups’ value surged by 1,056% to $41.89, fueled by anticipation for the upcoming Bitcoin halving and the Runes protocol debut. Starting the week at $22.50, Pups experienced a 44% surge on Tuesday alone. With a maximum supply of 7.7 million, Pups now boasts a market capitalization exceeding $365 million.<\/p>\n
Viral crypto trader Ansem took to Twitter, announcing his purchase of Dogwifhat, affectionately referred to as the “wif of Bitcoin bros.”<\/p>\n
According to the Pups team, their token, initially launched on BRC-20, will transition to the Runes protocol later this month, coinciding with the Bitcoin halving. This move towards Runes, perceived as more decentralized than BRC-20, aligns with the ethos of Bitcoin. With the creator of Ordinals also involved in building Runes, indexing Ordinals essentially means indexing Runes tokens themselves, creating a unified decentralized ecosystem for ordinals (NFTs) and tokens (Runes).<\/p>\n
Digital artist Beeple immortalized Ansem, Dogwifhat, and Pups in a digital painting, remarking, “It’s Ansem’s world, and we’re all just living in it.”<\/p>\n
Despite the surge in Pups’ value, Dogwifhat (WIF) is currently priced at $3.67, up 1.5% on Wednesday. However, other dog-themed cryptocurrencies, like Ethereum-based Floki and Solana-based Bonk, are struggling this week.<\/p>\n
The floor price of a Pups token inscription is currently $46 on UniSat. When asked about the sudden surge of interest, the spokesperson attributed it to owning a compelling meme.<\/p>\n
As the community anticipates the joint Bitcoin and Runes milestones, some are urging a rational perspective amidst the frenzy.<\/p>\n","protected":false},"excerpt":{"rendered":"
Within a week, Pups’ value surged by 1,056% to $41.89, fueled by anticipation for the upcoming Bitcoin halving and the Runes protocol debut. Starting the week at $22.50, Pups experienced a 44% surge on Tuesday alone. With a maximum supply of 7.7 million, Pups now boasts a market capitalization exceeding $365 million. Viral crypto trader […]<\/p>\n","protected":false},"author":12,"featured_media":9904,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Bitcoin Pups, a meme coin, has skyrocketed by 1,000% ahead of the Runes launch. - Bitrabo","description":"Within a week, Pups' value surged by 1,056% to $41.89, fueled by anticipation for the upcoming Bitcoin halving and the Runes protocol debut. Starting the week a"},"footnotes":""},"categories":[316],"tags":[448,3302,3303,3304],"class_list":["post-9905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-bitcoin","tag-meme-coin","tag-pumps","tag-runes-lunch"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/9905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=9905"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/9905\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/9904"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=9905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=9905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=9905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}