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A month after Bitcoin Ordinals collection Runestone airdropped tokens to eligible wallets, the Dogecoin Ordinals project hosted its own airdrop this week to celebrate the milestone.
Following the initial Doge Runestone airdrop, a collection of 30,272 Dogecoin NFTs began trading on secondary markets, with a total trading volume of 80,142 DOGE, or nearly $15,000 worth. Currently, the lowest price for Doge Runestone is 170 DOGE, which is around $32 on the Ordinals Wallet Dogecoin marketplace.
Robo AI, the group behind the Doge Runestone drop, said: decryption We are building the DRC-420 protocol on Doginals to enable more advanced types of Dogecoin-based media. Project representatives described the project as “the first collection of its kind” on Dogecoin’s blockchain.
Derived from the Ordinals inscription craze, Doge Runestone takes its name from the Runestone collection, which consists of 112,383 collectibles that are airdropped to specific groups of wallets.
The DRC-20 protocol, launched in May 2023, allows the creation of fungible tokens on the Dogecoin blockchain.
According to data from Doginal Explorer, there are more than 150 Dogecoin-themed NFT projects.
Following initial experiments on the Bitcoin blockchain, an anonymous Dogecoin enthusiast added a playable copy of the classic video game Doom to the Dogecoin blockchain earlier this year via the Doginals protocol. Ordinal Inscriptions have moved into the Ethereum ecosystem through ETHscriptions.
Pseudonymous NFT historian Leonidas, one of the co-founders of the Runestone project for Bitcoin, said he would like airdrops like this to follow their lead.
“Runestone introduces a new template for how to distribute tokens, which we call a free and fair model,” Leonidas said. decryption. “It’s great to see other projects following our free and fair model. “The more airdrops such as rune stones, the better.”
Edited by Ryan Ozawa.