Runestone’s Mighty Impact on the Bitcoin Ordinals Ecosystem

Runestone’s Bold Experimentation

The Runestone NFT collection is making waves by airdropping $210 million worth of NFTs to Ordinals holders, requiring them to have at least three inscriptions to qualify.

Far from ordinary illustrations, Runestones hold historical significance, with an impressive file size of 3,967,899 bytes (or 3.967 MB) and a landmark inclusion in Bitcoin block 832,947. 

The Ordinals Effect

The impact of Runestone on the entirety of the Bitcoin Ordinals ecosystem is undeniable, with trading on Magic Eden BTC showcasing its influence. 

At time time of writing, among them, NodeMonkes leads with a striking floor price of $52,400 ​(0.77 BTC) per item, achieving a market cap of about $524.3 million (7,700 BTC) — a notable increase of 45.2%.

Ordinal Maxi Biz (OMB) follows, drawing attention with its $32,700 (0.48 BTC) floor price and a market valuation close to $170.9 million (2,500 BTC), experiencing a significant daily rise of 67.1%.

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

Digital art fanatic who brings a unique perspective to NFT news.