Bittime - The Runes ecosystem, which launched with high hopes a month ago, is facing a harsh reality. According to GeniiData, the total market value of the Runes sector has fallen below US$1 billion. This fell short of the ambitious targets set by Ordinals founder Casey Rodarmor, who previously threatened suicide if the ecosystem failed to reach that number.
Top Runes by Market Value
The total market value currently stands at US$927 million. Here's a list of the top runes at the moment:
- DOG•GO•TO•THE•MOON: US$262 million (Ranked #1)
- PUPS•WORLD•PEACE: US$158 million (Ranked #2)
- RSIC•GENESIS•RUNE: US$157 million (Rank #3)
Check Today's Crypto Market:
| BTC/IDR | SOL/IDR |
| ETH/IDR | USDT/IDR |
| DOGE/IDR | ARB/IDR |
More than a month, the market value of runes has not reached US$ 1 billion
Since the official launch of the Runes protocol mainnet on April 20, coinciding with the Bitcoin halving event , more than a month has passed. Current market values paint a worrying picture for the future of the project.
On March 26, Casey Rodarmor made a dramatic statement. He stated that if the market value of the Runes ecosystem did not reach US$1 billion within a month of launch, he would commit suicide.
Seppuku on the Hell Money Podcast?
Source: @rodarmor/X
In the latest development, Casey issued a response through an article. He apologized and announced his intention to make good on his grim promise on the Hell Money podcast, a Bitcoin podcast co-hosted by him and Erin.
According to Casey, the upcoming episode will feature him committing seppuku (ritual suicide) while Erin, allegedly sobbing, will decapitate him to "end his suffering."
Also Read How to Buy Crypto:
Serious Concerns and Questions Remain
Although the situation remains unclear, the news raises serious concerns. Casey's statements raise concerns and highlight the intense pressure founders face in the volatile cryptocurrency market. It is important to remember that suicide is not the answer, and help is always available.
The Uncertain Future of Runes
The future of the Runes ecosystem remains uncertain. Market value not meeting expectations combined with the founder's dramatic response created a very unusual situation. It is important to follow developments closely and prioritize mental well-being in the cryptocurrency community.
Check Crypto Prices Today:
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
Runes Dominates Bitcoin Transactions Since Launch
Bitcoin Developer Predictions: Will Runes Follow in Ordinals' Footsteps?
Rune (RUNE) Price Prediction According to Crypto Academy: Will It Continue to Rise?
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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