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Gate Square New & Returning Creator Rewards are ongoing!
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Rune Ecosystem Update: $DOG Maintains Dominant Position
Latest data shows that $DOG's dominant position in the Rune ecosystem continues to strengthen, with market share surpassing 46%, leaving former competitor ORDI (BRC-20 standard asset) far behind.
Looking at the entire Rune ecosystem, the second most popular coin, $MIM, currently has a market cap of only $10 million, compared to just 1/14 of $DOG's market cap. This stark contrast fully reflects $DOG's absolute dominance in the market.
What does this growth mean? The concentration of the Rune ecosystem is rapidly increasing, with a clear differentiation between top-tier and mid-tier assets. For investors, paying attention to the dynamic changes of leading tokens within the ecosystem is undoubtedly a key indicator for understanding the development direction of Rune.