10 Runes That'll 100x After the Bitcoin Halving!

Summary

This video discusses the upcoming Bitcoin halving event and its potential impact on the market, highlighting opportunities in meme coins and tokens on Bitcoin. The presenter shares insights on past halving cycles and current Bitcoin ETF trends, then delves into specific 'runes' tokens like Pups, Wizards, and Trio, emphasizing their potential. The video also covers various platforms and tools for engaging with Bitcoin's new ecosystem, advising viewers on strategic plays and the importance of staying informed.

Takeaways

• 📅 The Bitcoin halvening is approaching, which historically has been followed by an increase in Bitcoin's price.
• 💡 The presenter discusses the potential of certain 'runes' and tokens to perform well during the first Bitcoin block halvening.
• 🔄 Bitcoin halvenings occur every four years, reducing the reward for mining new blocks by half, which can impact the market dynamics.
• 📈 Historical data shows significant price increases pre and post-halvening, suggesting a bullish trend for Bitcoin.
• 💰 Despite recent negative inflows, Bitcoin ETFs are still experiencing substantial inflows, indicating strong market interest.
• 🚀 The presenter anticipates that the upcoming halvening will bring significant changes and opportunities within the cryptocurrency space.
• 🏦 The mention of 'runes' refers to a new protocol release, potentially introducing meme coins and other tokens on the Bitcoin network.
• 📊 The market cap of meme coins on Bitcoin is currently a small fraction of the overall Bitcoin market cap, suggesting a large potential for growth.
• 🦄 The presenter highlights specific tokens such as 'Pups' and 'Wizards' as ones to watch, with significant community support and traction.
• 🛠️ Tools and platforms supporting Bitcoin runes, such as Ordinal bot and Magic Eden, are expected to play a crucial role in the ecosystem's development.
• 💡 The presenter emphasizes the importance of doing one's research and choosing wisely which runes or tokens to invest in, as not all will necessarily succeed.

Q & A

What is the 'Bitcoin happening' mentioned in the video script?

The 'Bitcoin happening' refers to the upcoming Bitcoin halving event, which occurs approximately every four years, reducing the reward for mining new blocks by half and potentially impacting the market and price of Bitcoin.

Why is the Bitcoin halving significant for miners?

The Bitcoin halving is significant for miners because it reduces the amount of Bitcoin they can mine by half, leading to less sell pressure as their rewards decrease. If demand remains the same or increases, this could positively affect the price of Bitcoin.

What is the potential market reaction to the Bitcoin halving according to historical data?

Historically, Bitcoin's price has increased before and after the halving events. The script mentions an average increase of 32% pre-halving and 30% post-halving, although these numbers can vary depending on market conditions.

What is the relationship between Bitcoin ETFs and Bitcoin inflows mentioned in the script?

Bitcoin ETFs and inflows are related to the investment and liquidity in the Bitcoin market. Positive inflows, as mentioned in the script, indicate more money coming into the market than going out, which can be a bullish signal for Bitcoin's price.

What are 'runes' in the context of the video script?

In the context of the script, 'runes' refer to a new protocol release on the Bitcoin network, which will allow for the creation of meme coins and other tokens on Bitcoin, similar to how tokens are created on other blockchain platforms like Ethereum.

Why are 'meme coins' significant in the discussion about Bitcoin runes?

Meme coins are significant because they represent a new category of tokens that can be created on the Bitcoin network through the runes protocol. These tokens could attract new users and liquidity to the Bitcoin ecosystem.

What is the potential impact of Bitcoin runes on the market cap of Bitcoin-based tokens?

The introduction of Bitcoin runes could significantly increase the market cap of Bitcoin-based tokens by allowing more tokens to be created and traded on the Bitcoin network, potentially attracting more investors and capital.

What are some of the specific rune tokens mentioned in the script that are expected to perform well?

The script mentions 'Pups and Wizards' as specific rune tokens that have a lot of community support and are expected to perform well. Other tokens like Trio and the potential 'Rune coin' from Meme Land are also highlighted.

Outlines

00:00

🚀 Upcoming Bitcoin Halving and Potential Performers

This paragraph introduces the imminent Bitcoin halving event, which is expected to impact the cryptocurrency market significantly. The speaker outlines the concept of the Bitcoin halving, its historical effects on Bitcoin's price, and speculates on the potential for certain tokens and runes to perform well during this period. The video promises to delve into what the Bitcoin halving is, why it's significant, and how the market might react. The speaker also emphasizes that the content is not financial advice but rather insights based on their experience and exposure to the cryptocurrency space.

05:00

📈 Analyzing Market Reactions and Speculative Opportunities

The speaker discusses the historical performance of Bitcoin during previous halvings, noting the bullish trends that have followed. They also address the current state of Bitcoin ETFs and the inflow and outflow of investments, suggesting that despite recent negative inflows, the overall trend remains positive. The paragraph delves into the potential of Bitcoin runes and meme coins, comparing the total market cap of established cryptocurrencies like Solana to that of Bitcoin-based tokens, highlighting the vast potential for growth in the Bitcoin rune market. Specific tokens like 'pups' and 'wizards' are mentioned as having strong community support and potential for high performance.

10:01

💡 Navigating the Rune Market: Strategies and Considerations

This paragraph focuses on providing viewers with strategies for navigating the upcoming changes in the cryptocurrency market, particularly in relation to Bitcoin runes. The speaker discusses various tokens and platforms that are expected to play a significant role in the ecosystem, such as Trio, Ordinal bot, and marketplaces like Magic Eden. They also touch on the importance of being prepared and the potential benefits of early involvement in the rune market. Additionally, the speaker provides insights into different categories of tokens and projects, such as pre-runes, launch mint pads, and marketplaces, offering a nuanced view of the opportunities and challenges that lie ahead.

Keywords

💡Bitcoin halving

Bitcoin halving refers to the event that occurs approximately every four years, where the reward for mining a new block of transactions is cut in half. This reduces the rate at which new bitcoins are created, which can impact the supply and potentially the price of Bitcoin. In the video, the presenter discusses the potential impact of the upcoming halving on the Bitcoin market, suggesting that it historically has led to price increases.

💡Meme coins

Meme coins are cryptocurrencies that are created as a joke or for fun, often based on internet memes or trends. They are typically characterized by their low market capitalization and high volatility. In the script, the presenter mentions meme coins in the context of Bitcoin halving, suggesting that certain meme coins might perform well during this event.

💡Ordinals

Ordinals refer to a system for inscribing non-fungible tokens (NFTs) directly on the Bitcoin blockchain. This is a recent development that allows for the creation of unique digital assets on the Bitcoin blockchain.

Highlights

The upcoming Bitcoin halvening and its potential impact on the market, including historical price performance after previous halvenings.

Introduction to Bitcoin runes and tokens expected to perform well during the first Bitcoin block.

Explanation of the Bitcoin halvening cycle and its effect on mining and sell pressure.

Analysis of Bitcoin ETF inflows and outflows, and their relation to market sentiment.

Discussion on the potential of meme coins on Bitcoin and their current market cap compared to Bitcoin's.

Mention of specific rune tokens like Pups and Wizards, and their current market caps.

Transcripts

1 day and 4 hours from the time of

recording this video the Bitcoin

happening will be upon us in this video

you can expect to have some select runes

tokens that I think will perform well

during the first Bitcoin block we're

going to talk about that further in this

video what even is the Bitcoin happening

why it matters how the Market's going to

react to all this and so much more I

gave you ordinals early history was made

this week with the first ever 10,000

nfts being inscribed on bitcoin early to

brc2 BRC 20s have been exploding and in

this video I'm going to tell you

everything you need to know some of

these meme coins this is going to be no

different I hope that what I present to

you in this video will present a lot of

opportunities of course nothing in these

videos is ever Financial advice I just

want it to be equal for you I live in

this space I work in the space I see it

all the time I know a lot of YouTube

doesn't have the same amount of time and

exposure as I do so all I'm doing is

laying it out for you you can pick and

choose what you want to participate in

what you don't want to participate in

it's all up to you but without a doubt

things are about to change and we're

going to look at exactly why in this

video if you just want to check on the

countdown I use nice has just type in

Bitcoin having countdown one day 4 hours

27 minutes during the first block that's

having there's going to be a new

protocol release it's going to be runes

essentially this is going to be meme

coins other tokens on bitcoin having

having having you hear this all the time

but what in the world does it mean

Bitcoin goes through these Cycles every

four years when it goes through the

cycle the total amount that Bitcoin

miners can mine is cut in half half just

round up so let's say they're being able

to mine six Bitcoin they're now able to

mine three Bitcoin what this does is

these people that make a living with

these mining companies or just maybe

even just Rand regular miners uh they

have less sell pressure because they're

getting half the amount of Bitcoin so

essentially all that that has to happen

is the demand can stay exactly the same

especially with these inflows coming in

and the price will still reflect if you

see this right here this is a chart of

the previous performance the first

second and third havening the white line

represents the preh havening Bitcoin

going up in price 32% and then shooting

6,734 per. now let's keep in mind

Bitcoin was extremely cheap uh back

during the first cycle then we see it

again for the second one going from 134%

increase kind of what we've seen this

last year and then post habing 30% and

lastly the last cycle uh only an 18%

increase preh happening and 541 post so

all these are pretty bullish numbers on

top of this we also have to balance out

with the Bitcoin ETFs now if you look

here during the last few days we have

had negative inflows 165 million on one

day on the 17th the rest were pretty

negligent with 58 million 36 million 55

million overall we are still way up in

the green for average inflows with the

inflows coming in being substantially

more than the outflows and during the

last week I mean bitcoin's only down

less than 10% over the 7 days this is

with the possible people thinking that

it could go into World War III

geopolitics all these other things going

on May a lot of people believe sometimes

that happing might be a sell the news

event even though that's not what you

know the last few Cycles have showed us

and I mean people are just overall

bearish I mean the stock market's going

down I think the only thing doing decent

right now is gold which is more of a

risk-off asset and that's the first time

we've seen it move in a long time so

overall I think things still are looking

great so with all that being said we're

prepped now for the riskier stuff now

it's time for the juicy stuff let's talk

about this runes what to expect how to

be prepared and most importantly I see

this all the time like why should you

care about this when you have salon and

Basse and I've made a ton of videos on

all of these uh when you have those like

why care about memes on bitcoin let's

take a look at this the total market cap

of salana in this diagram versus the

total uh the current market cap so these

are just the mean coins and this is the

current market cap as you can tell

salana is filled with meme coins I mean

it makes up a significant amount of the

market cap I would like to see exact

percentages on this but you get the

point let's look at runes this is a

total market cap of Bitcoin memes right

now it's that little Dot and then the

Bitcoin current market cap it's huge so

the amount of liquidity that can come

over from this huge circle this little

dot is insane without people having a

bridge they might have been sitting on

their Bitcoin for a very long time they

want to do something with it but they

don't want to take it off the Bitcoin

main net now they can finally dabble in

some meme coins and that's exactly what

I'm already seeing happening we see this

broken down in another post just to give

you like an exact idea this is by Boshi

eth market cap is 365 billion I think

it's actually over that uh Pepe is

almost 2 billion Salon market cap 60

billion with riding along at 2.5 billion

which is absolutely insane so Bitcoin

has a $1.2 trillion market cap and the

premier coin on there is still less

than1 billion or uh market cap and then

there's these that are coming for that

you know people are expecting to do well

that are still under half a billion

market cap so two of those that I'll go

ahead and mention in this video would be

pups and wizards uh the current m coins

that like are have a lot of people

behind them and one the pups are at 430

million and the Wizards are at 167

million so here's what I want to look at

in this video and I want to look at

specific runes tokens as well we already

said pups have been established $55 a

token which is insane considering I was

watching them at a couple dollars a

token completely faded pups congrats to

everybody who won either way still under

half a billion market cap even with

being $55 a token there's some other

ones on here that are clear wizard

winners Bitcoin Wizards are getting a

lot of traction as we just said actually

$170 million market cap so it actually

dropped from that post I just looked at

another one is Trio um this is actually

a brc2 now uh Trio is behind oral bot uh

that we're going to look at in a second

which is a tooling device that helped

significantly for Bitcoin ordinal and

they're going to get into runs as well

orinal bot has a ton of funding uh

they've already established themselves

in the space and I think this could do

really well as well so in this video uh

I know we're already you know a couple

minutes in but I'm going to take a look

at some specific tokens and kind of like

Leverage plays you can do within the

ecosystem because it's not all about

just finding these random tickers

whereas a lot of these random tickers

are going to fly it's about kind of

knowing what to look for and maybe

preparing if you don't want to go

through the hard process that I

explained my other video about running a

Bitcoin node downloading or client doing

all that technical stuff if you just

kind of want exposure to it here are

some things to take into consideration

so again by dogfather analytics there's

kind of sections we talked a lot about

the pre- runes I want to continue to

talk about those these are kind of

what's already out right now that you

can get into that you know could be a

good play you can literally go buy a lot

of this stuff right now I'll explain

that in a second there a lot of pros and

cons there's the launch and mint pads as

I already mentioned ordinals bot they

have a trio token um and some of these

other ones you might be familiar with I

kind of know some of them uh definitely

good things to look at if they have

tokens because if they're helping the

ecosystem then maybe their tokens Can

could do well there's marketplaces now

of course magic Eden has an nft token

coming that's a little different uh I am

super bullish on all the marketplaces

that have jumped on this uh and also I

think a lot of the initial buying for

runes is going to be extremely difficult

um but I think some of the once they

kind of get on more of these

marketplaces like okx it'll make it

easier for to onboard people but if

you're doing the pre- runes or you kind

of know what you're doing when runes

first start you're actually going to

front run a lot of these people that use

traditional marketplaces and you'll have

have an advantage on them this part is

huge not all of these have their own

tokens I know like wrap top of my head

liquidum does liquidum allows you to

borrow and lend against your ordinals uh

every time you borrow and lend on their

platform you you gather points and those

points will be converted over to tokens

that were brc2 tokens but I think

they're going to have a runes air drop

as well definitely check that out

yourself I'm not entirely sure but

liquidum is one that you can actually

Farm today uh it's very useful tool as

well I love exr wallet you're going to

need ex to do most of this if you want

to just start from the basics xers is a

really good resource for that leather is

great ninja alerts that's the company

that I work for if you notice we're

under wallets data tooling defi because

we're actually a software company uh

we're going to have and we already have

in beta our own trading software that

basically you'll be able to track um

people that buy and sell ordinals runes

all this as soon as they mint something

you get a notification sent to your

phone or your desktop and uh you're able

to copy trade and be a basically be able

to follow smart money that way you're

just good Traders uh or scans really

good so anyways find your pivot in here

and what you find interesting maybe

something you're already involved with

and I would look in I'll lean into that

a little bit more so let's kind of

categorize this a little better than

just kind of picking and choosing from

each category so a lot of my picks I'm

about to say I do own or have some

exposure to and that's because I know

the most about them that's why I'm

talking about them there's a lot of good

picks out there that I'm not going to

mention because I just don't know a lot

about and I only like talking about

things that I know about so from the top

Prometheans uh they're top on the one

day volume this is actually by cyber

Kongs it was an airdrop to some of the

top ordinal communities our pizza ninjas

got like one of the highest allocations

as far as percentage of holders goes and

it's already at 03 BTC which is like I

don't know like $1,500 78 pending

transactions as I'm looking at it I

don't know if you thought that was your

internet but it was actually me but

we're just going to keep on rolling with

it next we got runstone this be leonitis

this was dropped to like 80,000 people

currently there's like 76,000 owners

that he's already announced a dog token

he claims it's going to be the best dog

meme on ordinals or on runes um I do

have one of these run Stones it was an

airdrop already this is an expensive

entry by the way I'm not saying buy any

of this I'm saying these are things to

look out for uh it is available to go

ahead and enter into some of this stuff

but they we're just talking about kind

of what I see in the making already so

uh it's like a three-part airdrop the

dog is the first part um and I do want

to go ahead and take a moment right now

just to say this I also think and I've

already tweeted about this that this is

an awesome time to sell the hype of some

of these runes collections I so far

everything I've mentioned that has not

been the case for me um I have sold off

some other things but I mean if you got

it air dropped or if you already bought

it and you're already exposed this might

be a good selling opportunity because

you know there's liquidity there some of

these tokens might not do as well on

runes maybe it's too hard to figure out

maybe the hype wear is down maybe the

market there's so many things that could

happen if you're in the money don't be

scared to take profits whatever is best

for you I've already mentioned Rune pups

quite a few times uh but obviously

definitely one to look out for I own

zero I mean .13 floor I don't even know

what that equates to in USD so very

expensive uh entry I would just go about

buying the pups token at this point but

again I'm not really speaking on things

I don't really know about but I will

like kind of give them an honorable

mention as well as Arc meta protocol Arc

has been mined since like kind of since

runes were a thing um they're going to

do of course their own token I think

it's going to perform really well um I

would not say and maybe somebody who

owns an arc would disagree with me I

would not say now is a good time to buy

an arc to do this because it was more so

one of those things you should have

bought at the beginning had it mining

the whole time um and then like keep

that and then use that for your runes

allocation opposed to like buying right

before the having I know runstone and RC

are kind of opposite in that sense uh

that's kind of why the pr runstone

flipped RC is because runstone kind of

the closer you in the more you want it

or want to hold Arc would be the

opposite you've already mined it and

you're already prepared and ready so I I

don't know the current value of the

ordinal besides getting parched maybe a

little bit more allocation but again not

super familiar with RC and I'm just

trying to stay in my Lane but I got to

give a mention to RC because they're

obviously going to have like a great

allocation uh actually I'm I'm going to

go a little further on this so

interesting enough mem land actually

teamed up with arc on their Rune coin

basically you're able to farm Rune coin

by completing Quests for staking meme

this was big uh and they also just

announced within the last 24 hours that

they swept 21 RC meta protocols uh which

kind of makes sense that even the price

was being held up the way that it was

when we just looked at it uh so yeah

definitely keep rcoin on your radar lots

of people have already farmed a lot of

it but it's definitely got the hype

attention value teaming up with some big

uh players in the space definitely

something to keep in your radar Runo

will be its own collection they're going

to have a mobile tool uh definitely

something to keep on your radar I do own

one run Guardians so I actually don't

even know what run Guardians miners are

I haven't really kept up with the

ecosystem but run Guardians were kind of

OG uh basically one of those things you

bought the longer you held it the more

it accumulated runes I still have two of

them interested to see how that does I'm

just really not entirely sure I also

heard recently that Run's Guardians were

going to get a wizard allocation which

is what we talked about at the beginning

of the video on that Wizards allocation

the Wizards are actually trying to get

the ticker uh which is magical internet

money whether they're going to get it or

not we'll see but that would be an

amazing ticker if they're able to get

that I think you get the point and also

one big thing is you see the Genesis

Rune so the first 10 blocks are going to

be the Genesis Lun runes I think that

Casey actually locked uh Rune zero to

where it's going to be his own uh common

goods is what he's going to call the

ticker now common goods is very

interesting again this is something that

I've been so busy it's hard for me to

keep up with it's going to be open Mint

for a while so I'm not entirely sure if

rushing and spending a ton of money at

the very beginning when fees are really

high is the best option for that we'll

see I mean this could be open for like a

year or something like that open Mint so

I'll just kind of see how that goes I

know Casey's not very like financi Al

driven uh so I don't think he's trying

to do this necessarily to like gain

value more so just have fun but we'll

see how that goes the other uh runes 1

through nine a ton of people are going

for them basically goes to the highest

bidder a lot of other factors in play uh

it depends on what kind of tickers those

have whether you want to be a part of

those or not and how fast you can get a

part of them I know a ton of communities

that are trying to get on on that

including the Wizards I think with that

magical internet money so this is going

to be something definitely to watch uh

the first nine that's a ton of

information guys if you made it this far

in the video if you think I left out

anything drop it down below if you want

another follow-up video kind of going

over maybe some more simple stuff or

specific projects or whatever let me

know if you made it to the end of the

video below drop your favorite one that

I talked about drop something that I

didn't talk about whatever it is I

appreciate you guys for rocking with me

this long let's get ready for the

happening I think even if the next few

months are kind of mad maybe we stay

between 55k Bitcoin and 70k Bitcoin it's

nothing too crazy um I still think after

The Happening we're going to see the

results if the demand stays anywhere

near what it is currently um so it's

going to be a very interesting few

months uh we'll just see how it goes I

think overall 2024 is looking bright

super excited for these opportunities

that are in front of us and I will see

you guys next video