Bitcoin Meme Coin 'DOG' Skyrockets to $336 Million Market Cap

By: Eliza Bennet

The Bitcoin Meme Coin known as DOG witnessed a surge in its market cap, hitting the $336 million mark. This significant increase came after an airdrop to Ordinals holders on Wednesday. Following the airdrop, DOG saw an immediate rise in popularity, establishing itself as one of the most widely-held Bitcoin Runes token.

Meanwhile, an in-depth analysis of Runes' role in the Bitcoin ecosystem points to changes as the Bitcoin fee bonanza starts to fade. The examination encourages a renewed discussion about strategies for maintaining the momentum in the space.