ExtraOrdinal Daily #68 | A Historic week in Review

7th Dec 2024 ||| Issue #68
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Table of Contents

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Todays Top Stories

The $100K Bitcoin week in Review

As we close out another dynamic week, let’s dive into the most talked-about stories from Monday through Friday!

Monday: $ME Speculation Runs Hot 💎

The buzz around the $ME airdrop is off the charts, with the allocation checker set to drop December 4th and the token launch on December 10th. Magic Eden’s recent hints and live demos have fueled speculation on potential valuations, with $ME’s pre-market price already climbing. Analysts predict a fully diluted valuation nearing $4 billion if prices hold steady post-launch. Bitcoin and Solana enthusiasts, keep your eyes on this one—there’s still room to run!

Tuesday: Tackling “Brick Listings” 🧱

The Rune community is calling for solutions to address liquidity challenges caused by oversized token bundles. Proposals like fractionalized trading and market cap-based limits are gaining traction, though technical hurdles remain. Meanwhile, Magic Eden developers are already working on tools to streamline delisting and prevent “brick stagnation.

Wednesday: Trio Is Coming 🔥

Trio’s upcoming marketplace is shaping up to be a game-changer for Runes, Ordinals, and Bitcoin assets. With its unique XP-based rewards system, users are incentivized to stake $TRIO, refer others, and actively participate in the ecosystem. The buzz around its December 12th launch is building, as Trio positions itself as a must-watch contender in Bitcoin’s expanding asset space.

Thursday: $ME Airdrop Drama and $100K Bitcoin 🎉

The $ME allocation checker went live, sparking mixed reactions. While Bitcoin hit an all-time high of $100,000, emotions surrounding $ME ranged from triumph to frustration. Early Ordinals and Rune traders scored big, while Solana traders were left wondering about their share. As $ME prepares for its official launch, the pre-market trading volume is already setting records.

Friday: How Much Bitcoin for $1M by 2030? 💰

With Bitcoin teasing six-figure territory, the million-dollar question is: how much BTC do you need to hit millionaire status by 2030? Using historical trends and halving cycles, projections range from $588,000 to $1M+ per BTC by 2030. Depending on the target, 1–3 BTC might be your golden ticket.

An Interesting Weekend Ahead 👀 

With this week going into the books as the week we broke $100K, it will be interesting to see what the weekend will bring. Weekends are known for volatile movement—both up and down—due to fewer traders and lower liquidity in the market. I’m keen to see this weekend’s reaction to this week’s epic milestone. Additionally, I’m very keen to see the beginning of next week with the S&P500, NASDAQ, Dow Jones and Bitcoin all saw their higher weekly close in history yesterday. What a time to be in the markets!

Speaking of time in the market. For those who have been here for multiple cycles like myself, maybe take a moment this weekend to really celebrate the journey. The belief you’ve held for years, maybe over a decade, against the common narrative—with people looking at you or literally calling you crazy, stupid, or foolish—well… you’ve made it. You’ve been through hell, and it wasn’t just luck. In some small way, you were a visionary!

And I congratulate you! 

Top Posts | 10hrs to go for the 1 of 1 Gizmo Auction

Action

Top Stories | Vancouver Proposal to Pay Taxes in Crypto

Top Posts | Florida Bitcoin reserve in 2025?

Top Posts | LBank is going ham on $DOG! 👀 

Top Posts | Trump’s crypto Czar David Sacks want to look into Operation Choke Point 2.0

Top Posts | Stables on BTC L1, Soon!

Top Posts | First vote on Fractal Concluded

Daily Bites: Today’s Top Articles

Todays Markets

Ordinals

It looks like a decent start to the weekend for Ordinal collections in terms of price, even though volume in BTC remains on the lower end.

Puppets hold their familiar top spot, moving up a sweet 5% in price.

CENTS deliver another massive move, closing out a monster of a week with an even more monstrous day—up almost 60%!

Nodemonkes, in third place by volume, are down slightly and close the week very close to where they started it.

Runestone enters the weekend with a near 5% upward move, while the Based Angels double that with almost a 10% gain, finally showing some familiar strength after a few mediocre days.

OMB dips slightly, down 1.5% on the day.

On-Chain Monkeys make a rare but wonderful appearance in the Top 10, up almost 6%, and more impressively with a 500%+ increase in volume!

Twelvefold makes a single sale to jump 22% in price and reappear in the Top 10. Perhaps this is sparked by the positive price action seen in the ETH NFT ecosystem.

In contrast, Bitcoin Wizards fall 12% today.

And last but not least, Pizza Ninjas close out the Top 10, remaining fairly stable.

It will be interesting to see if Art Basel Miami has any further influence on Bitcoin-based art collections over the weekend!

Runes

Runes are having a better day than yesterday, albeit with still mediocre volume across most collections—except DOG, which is likely seeing significant activity due to arbitrage opportunities between exchanges, something that doesn’t apply to most Runes.

The top dog, $DOG, remains firmly at #1, with significantly more volume than the next nine Runes combined.

Newcomer AUTONOMOUS IDIOT sits in second place, looking to build strength after an all-too-familiar pattern of launch pump, dump, and then a stable grind. Luckily for IDIOT, it seems to be in the grinding-up phase for now.

Marx Fren Monke remains strong, doubling down on yesterday’s mighty 83% recovery, now up 100%.

Pups, BDC, and Gizmo all see minor moves downward, while Cypher makes a solid 12% upward move. Senpai, however, finally takes a breather, down 15.5% today.

RSIC edges up with a 5% gain, but it’s overshadowed by the ever-healthy wheat substitute, Organic BITCORN, surging 55%!

Let’s see what the weekend brings and what will happen to Runes and collections when this week’s bullish momentum picks back up on Monday.

Todays Opportunities

Minting This Week

There are currently no more mints taking place this week, but check back tomorrow for what’s next so you don’t miss out.

Giveaways

Join the Discord below and make sure you have notifications on so you don’t miss out when the next giveaway go live!

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Nothing in this or any other ExtraOrdinal Daily publication should be construed as financial or investment advice.

We trust this ExtraOrdinal Daily provided you with the information, insight and opportunities needed to have an ExtraOrdinal day! If you have any questions, suggestions, or a desire to contribute, reach out in the ExtraOrdinals Discord!

See you tomorrow!