In accordance with onchain knowledge, the ‘epic satoshi’ offered for 33.3 BTC has been inscribed, now linked to a freshly minted Runes protocol coin named “EPIC•EPIC•EPIC•EPIC.” The newly launched EPIC runes tokens have already commenced buying and selling, reaching a market capitalization of $88 million by 11 a.m. Japanese Time on Sunday.
From Epic Satoshi to EPIC•EPIC•EPIC•EPIC Runes Tokens
After the halving occasion, it was found that the mining pool Viabtc mined the numerous fourth halving block and subsequently auctioned the well-known ‘epic satoshi,’ fetching a worth of 33.3 BTC or $2.13 million. This ‘epic sat,’ additionally numerically recognized as 1,968,750,000,000,000, was formally inscribed this weekend at 3:24 a.m. ET on Sunday. The inscription featured an audio-visual message from the “Epic Blob Military,” recognized on X as @bookofblob.
The inscription of the ‘epic satoshi’ was linked to a Runes token mint that produced 1 billion “EPIC•EPIC•EPIC•EPIC” tokens, with 950 million of the tokens premined. At the moment, the Runes-based EPIC token is being traded at $0.09 or 138 sats per coin. It ranks because the second most traded Runes token on Magic Eden and third most traded on Okx’s non-fungible token (NFT) market. The EPIC tokens have generated simply over $850,000 in commerce quantity since their preliminary itemizing.
The launch of the EPIC token mint additional prompted a rise in onchain BTC charges early Sunday morning, as famous by Mononaut from the blockchain explorer mempool.area, who commented on the rise. “When you’re questioning why charges pumped once more, it’s as a result of whoever purchased the “epic halving sat” for 33.3 BTC final week simply etched a rune into it,” Mononaut stated. “The rune is 95% premined (lol), however the remaining 5% simply minted out throughout 100,000 transactions.”
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