As it stands, the airdrop is only 38.6% complete, yet it has astonishingly surpassed 50 BTC in secondary volume sales.
This achievement underscores the collection’s popularity, making it the top-volume NFT across all blockchains in 24 hours.
Runestone: Leading the NFT Market in Volume
The Runestone collection, with its rich lore and intricately designed digital artifacts, taps into a deep fascination with mythology and mysticism. Its quick rise highlights the trend towards thematic NFT collections offering immersive experiences beyond digital ownership.
The Runestone airdrop is only 38.6% complete and it has already passed 50 BTC ($3,369,050) in secondary volume making it the highest volume NFT collection on any blockchain in the past 24 hours! pic.twitter.com/a67n2dj5fs
— Leonidas (@LeonidasNFT) March 15, 2024
This significant milestone of crossing 50 BTC in secondary volume is indicative of the buoyant market sentiment and the high demand for quality NFTs. At the time of publishing this article, the total volume is 91.3 BTC.
The phenomenon surrounding The Runestone airdrop also sheds light on the broader implications for the NFT market and blockchain technology as a whole. Achieving such a high volume in secondary sales at only a partial completion rate of the airdrop suggests a vibrant and robust market for NFTs.
More About Runestones
Yesterday, Runestone initiated the inscription process by dispatching four batches of 1,400 Runestones each to their designated addresses. This marks the beginning of an extensive distribution effort. With 76 batches of 1,400 Runestones still pending, the completion of this endeavor is anticipated to require approximately 24 more hours.
Runestone Airdrop Progress Update:
In the past 45 mins four batches of 1,400 Runestones have been inscribed and sent out to their destination address. Everything seems to be going smoothly. 76 batches of 1,400 remain and should be expected to take ~24 more hours.
Runestone's…
— Leonidas (@LeonidasNFT) March 14, 2024
It’s important to say that there are currently 84k runestone owners with a floor price of 0.012 BTC. Also, there are only 1.5k runestones with a total supply of 91k. You can find them on Magic Eden.
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