Todays Top Stories

Editor: @PhoenixxDown

$RUNES Are Dead, Long Live Runes

Absolute high drama over the weekend. ICYMI (and if you did, consider yourself blessed), the account formerly known as Runetoshi launched a Solana memecoin, $RUNES, to highlight the disparity in volume and attention opportunities between Solana and Bitcoin.

While that mission was somewhat accomplished, what he ended up showcasing after the dust had settled is how quickly attention on Solana can evaporate and how easy it is.

Depending on who you believe, the death of the token was down to either 1) snipers, bots, and insiders buying up early and dumping it to Hades. Or 2) in another scenario being thrown around, Runetoshi himself rugged the token and feigned it as an attack.

One of these scenarios played out; the details remain unclear, and we take a neutral stance until further developments unfold.

Runetoshi has responded to the allegations from another account, claiming that an insider—presumably at X—was paid by those behind the dump of $RUNES to ban his account.

Regardless of the details, the whole ordeal was a terrible look for the ecosystem.

Runetoshi and others advocating for bridging to Solana have made solid points that are hard to argue against, but surely there must be a better way to execute such ideas than this?

They tried to kill Runes, but $RUNES ended up killing reputations, X accounts, and wallets. Absolute cinema for a neutral.

That said, those blaming others, including Runetoshi, for their losses are misguided—it was a nasty experience for many, but there are valuable lessons to be learned for individuals who went in on their own volition.

The space on the whole could use more accountability from both founders who have let down their communities, and traders aping their life savings into fresh launches alike.

So, What Now?

Well, both Runes and Ordinals remain dead. Which is great news because the sentiment is so bad that it surely can’t get any worse……right?

Wait, what’s that? The market has taken yet another nosedive, dragging everything else down again? Why now?

DeepSeek, a Chinese AI startup, has launched a highly efficient, low-cost AI model called R1. This model reportedly matches or even surpasses the capabilities of more established AI systems like OpenAI's ChatGPT, while requiring far less computational power and expense.

News of DeepSeek's offering has shaken the market considerably, as it challenges the dominance of U.S. tech giants in the AI sector, particularly companies like Nvidia and Microsoft, which are heavily invested in high-cost AI development.

Predictably, this shakeup has rippled into the crypto market, with cryptos linked to AI or blockchain tech experiencing increased volatility. Investors are now reevaluating where to allocate their money, leaning toward projects that can operate efficiently or benefit from cheaper AI tech.

“But ser, why are my Runes and Ordinals going down because of this?” Simple, this one is very easy to explain. We share a market with insane people who are overleveraged across every asset class and are now panicking.

Maybe it’s time to hunt for some bargains?

Top Posts | This Could Be Massive For Runes

Top Posts | Is This the Answer to Casey’s DEX Idea?

Top Posts | A Debit Card You Can Spend Crypto From!

Top Posts | Rock Bot Developments: Send Signet BTC

Top Posts | What Can We Expect From Abstract? Co-Supreme Leader of XO, Nox, Shares Some Thoughts

Top Posts | Stake Your $TRIO and Win “The Scream” by Asprey Studio

Daily Bites: Today’s Top Articles

Todays Markets

Ordinals

Bit of an odd one today, and I don’t mean the sea of red across the board—which is somehow worse than usual. No, we’re well accustomed to that by now.

The real anomaly is Satgods, up 624% and sitting in the top 5 for volume. This surge follows a tweet from the Satgods X account claiming they are "10x up."

The issue? The founder, @JeetimusPrime, sadly passed away late last year, raising serious suspicions about who currently controls the project’s X account.

Caution is obviously advised until more details emerge, but at present, this is looking like a major red flag.

Runes

Can someone ask The General to sweep a billion dollars into the top 10 collections so I don’t have to keep inventing new ways of saying “prices are down”? It would really be doing me a solid!

$DOG managed no gain and no loss, which feels like a win of epic proportions on a day when $BDC, $PUPS, and $RSIC all posted double-digit losses.

$MORI, meanwhile, has been quietly impressive, dropping less than 1%. Is this Rune being overlooked and holding the most potential for the smaller caps?

Tanuki Wisdom is up, but as far as we’re aware, it’s still tied to an insider cabal token. After the events of late, no thanks—we’ve had more than enough of those. Liquidium, on the other hand, looks like the standout in the bottom half, registering a loss of less than 2%.

So, do today’s charts tell a story? Perhaps they do. Bid tokens that show relative strength while others are collapsing might deserve a closer look. While these aren’t exactly "showing strength," they’re at least not bleeding profusely from every orifice.

Todays Opportunities

Giveaways

There are currently no raffles taking place today, but check back tomorrow for what’s next so you don’t miss out.