比特币生态「Wooden Puppet Monkey Empire」崛起迅猛,图币玩法预热符文市场?
Original Title: "The Rise of the 'Puppet Empire,' BRC-20 Ecosystem Meme Coin PUPS Emerges as a New Star"
Original Author: Weilin, PANews
In the Bitcoin ecosystem, the puppet token PUPS based on the BRC-20 protocol has surged by 1101% in the past week, reaching $44.56. Other BRC-20 tokens like WZRD, W☮, ZBIT, $π have also experienced significant price increases, driving up trading volume.
PUPS is creating a new way of playing with graphics coins, and the matrix related to the puppet monkey IP has also received widespread attention, stimulating the BTC ecosystem. Other graphic coin hybrid projects like SHID and HONK have also seen significant price surges. PUPS will also migrate to the Runes protocol, with these trends seen as a prelude to the Bitcoin halving on April 20th and the launch of the Rune protocol.
PUPS Surges Remarkably with a Weekly Increase of Over 1101%
As a meme coin in the BTC ecosystem, PUPS, symbolized by a puppet monkey wearing a hat, has seen a price increase from $3.71 on April 4th at 9 am to $44.56 on April 11th, with a surge of over 1101%. With a maximum supply of 7.7 million, PUPS' current market value has exceeded $357 million, ranking third in the BRC-20 token market cap. PUPS is closely following ORDI, with ORDI's market value around $1.6 billion, and the second-place SATS at approximately $1 billion.
Due to the resemblance of PUPS' image to Solana's meme coin dogwifhat, the well-known KOL Ansem in the Solana ecosystem also endorsed it: "Just bought some wif from Bitcoin bros," Ansem said on April 6th.
Ansem's tweets about PUPS also caught the attention of the artist Beeple, who immortalized Ansem, Dogwifhat, and PUPS in a digital painting. Beeple wrote on Twitter: "This is Ansem's world, we're all just living in it."
PUPS was launched in March 2023, predating the official Bitcoin Puppets collectible series, becoming a representative of OG meme coins. Its free minting airdrop to the "OPIUM ordinal community" quickly gained attention and is often used for jokes within the community. This airdrop marks the first BRC-20 airdrop on Bitcoin, further solidifying PUPS' position in the BTC Ordinals field.
Meanwhile, the latest hot meme projects in the BRC-20 ecosystem are in a very active state. As of 2 pm on April 11th, the top 5 BRC-20 projects on OKX in the past 24 hours by trading volume are: PUPS (43.208 BTC), W☮ (17.9041 BTC), NODE (12.3807 BTC), cats (10.0028 BTC), wzrd (7.9443 BTC). Additionally, ZBIT has also garnered significant attention.
Among them, WZRD is the token of the Bitcoin Wizard project, a Bitcoin Ordinal NFT project celebrating the tenth anniversary of mavensbot creating the original Bitcoin wizard. The "Magic Internet Money" created by mavensbot was an iconic Bitcoin advertisement, initially created by mavensbot on the evening of February 18, 2013, quickly becoming the most popular ad on Reddit.
Another, W☮, themed around world peace, is not only popular in the Chinese-speaking community but also attracts a lot of attention from overseas users. ZBIT is the token of the NFT project BTC Machine, which aims to use Ordinals to build an MMORPG representing digital assets, ensuring immutability and ownership. Previously, the project announced an airdrop of ZBIT tokens to holders of Runestones. Other graphic coin inscriptions in the ecosystem are also attracting more users, such as SHID, HONK, NODE, AMB, welcoming more endorsements.
Projects Represented by SHID
"Puppet Empire" Graphics Coin Play Stimulates the BTC Ecosystem
Currently, inscriptions and tokens related to the puppet monkey are very popular, forming a "Puppet Empire." The latest trend is the emergence of a new model represented by PUPS in the inscription market, namely the "IP matrix" gameplay. The core of this gameplay is based on an Ordinals NFT, followed by the launch of a BRC-20 token. However, the issuer of this BRC-20 token may not necessarily be the NFT project party, but more likely the community initiator.
Related projects include Le Puppettes, Little Pups, Pixel Puppets, etc.
According to the PUPS team, later this month during the Bitcoin halving, PUP
S will migrate from BRC-20 to the Runes protocol. A spokesperson for Pups stated: "Migrating to Runes, it is more decentralized than BRC-20, it feels just like Bitcoin."
Runes, developed by Casey Rodarmor, who is also the mastermind behind Ordinals, allows interchangeable tokens like meme coins to operate on the Bitcoin network. Runes will launch on the Bitcoin network after the highly anticipated halving.
Traditionally, meme coins have thrived on alternative blockchains like Solana due to their faster transaction speeds and lower fees. With Bitcoin's slower speed and higher transaction costs, PUPS exist on Bitcoin through the BRC-20 standard, somewhat of an anomaly.
Interestingly, PUPS have already bridged to the Solana chain themselves, serving as a connection between Solana and the BTC ecosystem in the eyes of some users.
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