Source: Coindesk.com
Memecoins like PUPS, DOG•GO•TO•THE•MOON, and BILLION•DOLLAR•CAT are becoming popular beta bets for Bitcoin's growth. The Runes protocol, which facilitates the creation of fungible tokens directly on Bitcoin using its UTXO model, has overtaken BRC-20 in market capitalization. Memecoins serve as a speculative asset during times of low volatility in other crypto sectors.
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The post "Missed BTC Rally to $93K? Bitcoin Memecoins Could Be Next to Watch" appeared first here Coindesk.com.
Source: Coindesk.com
