Todays Top Stories

Editor: @PhoenixxDown

The Countdown to the $ME Airdrop Sparks Runes Buying Frenzy

It’s $ME Eve—the day before a filthy amount of liquidity gets injected into the wallets of the Magic Eden faithful. The timeline is packed with speculation about what $ME will open at, whether people will hold, sell, or use their stimulus cheques to buy Ordinals and Runes!

Reports suggest $ME has been trading upwards of $8 on pre-market platforms. However, these price fluctuations seem to be outliers, with the majority of liquidity sitting around $4.50.

If you want to track the price yourself, Peddy has compiled all the links you need:

While it remains to be seen where $ME will open and whether it will rise (or, God forbid, fall), there are strong indications of upward momentum. The buzz surrounding $ME feels significant but not euphoric—an important marker of measured expectations.

But wait, what’s this? Is a Binance listing imminent?

The general sentiment suggests that $ME is poised for success and likely to climb higher. The more contentious debate is about where the liquidity will flow. If Sunday’s price action on Runes is any indication, it’s a fair guess that Bitcoin “shitcoins” could see a massive boost.

On Sunday, $DOG nearly hit the long-anticipated market cap of $1 billion, falling just short at $978 million:

However, listings came in thick and fast, with massive sell walls blocking the milestone. Despite attempts by the OG General to “unclog” the market, buy pressure couldn’t keep up. $DOG has since sharply declined to $836 million.

What does this tell us?

Many speculate that traders anticipated the $ME airdrop would flow into Runes and were frontrunning the pump. This notion is supported by the fact that Bitcoin users received a significantly larger portion of the airdrop than their Solana counterparts—who, quite frankly, probably would have sold it within three seconds anyway.

Still, Runes has its own catalysts independent of the $ME stimulus. As Bonk Guy pointed out this morning, there are several reasons why “BTC memecoins are primed to explode aggressively soon.” This extends far beyond degens slamming free money into their favorite coins:

If you’ve been here since the beginning for Runes, you’ve endured a long journey. There have been 90%+ drawdowns, endless FUD from unenlightened heathens, and technical obstacles unmatched by any other chain. But it feels like your patience may soon be handsomely rewarded.

If you’re still here, reading this, holding Runes—well done. You earned the fruits of what comes next.

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Todays Markets

Ordinals

What a beautiful sight that is! The Ordinals market is heating up in anticipation of tomorrow’s $ME drop.

At the top, we have Bitcoin Puppets and NodeMonkes battling it out as usual, both up a healthy amount with a combined 13.7 BTC traded in the past 24 hours.

A nice resurgence from OMB, which has taken a battering over the past few months—they’re back up to 0.14. Runestone is seeing a nice bid off the back of $DOG’s success, and Based Angels feature in the top 5 yet again, further cementing their status as one of the most underrated collections out there.

Speaking of underrated collections—WOW, Natcats! Up nearly 70% on the day, finally breaking free from the 0.01 BTC “hell” they’ve been stuck in. Could this be the start of something?

Natcats feels like a collection that could absolutely catch fire once enough people notice them. A cultish community, incredible art, and the artist is, quite literally, Bitcoin itself.

The only “loser” (and we use that term loosely) is Bitcoin Frogs, declining slightly by 0.2%. Meanwhile, Quantum Cats are holding strong at 0.2, and Bitcoin Wizards are recovering after the onslaught of FUD from Mavenbot and Nomad’s antics, now back up to 0.111.

O.P.I.U.M is on the rise but is still only slightly ahead of Bitcoin Puppets. Considering O.P.I.U.M is the OG collection with dramatically lower supply, it feels inevitable that a violent repricing is on the cards at some point.

Runes

As mentioned in our headline story, DOG nearly broke through the fabled $1B market cap last night. Alas, it wasn’t meant to be—yet. How much longer will it take? Betting against “soon” would be foolish.

As often happens when $DOG runs, BDC followed closely behind with a rally of its own, up 5.38% on the day. BDC has been holding nicely above the $100M market cap for quite some time now, establishing a solid floor.

PUPS also made a slight gain, reaching around 290 sats during Sunday’s $DOG rally. Again, it feels like only a matter of time before we see this rocket.

GIZMO comes in fourth with a strong recovery after last week’s massive tumble, now back up to 36 sats.

Notice Me Senpai continues to stand out as more than just a flash in the pan, almost doubling in price over the day, now up to 2.9 sats.

CYPHER, the Bitcoin of AI Runes, is up almost 11%. BRO made a slight gain, while the OG, SAIKO, recovered nicely from its recent dip, up 31%.

RSIC is slightly down, but its $60M–$70M floor is now firmly established. It remains very much the dark horse of the mid-caps—a potential 10x explosion waiting for the right catalyst.

Todays Opportunities

Giveaways

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