We all know the drill behind meme coins, just a hilarious internet jokes turned into cryptocurrencies with wild price swings. They can explode in value based on a single celebrity tweet, then crash just as fast. So basically fueled by hype and speculation.
I recently came across RUNES•X•BITCOIN (X) on X and will like to know your thought about it. It's a meme coin referencing Elon Musk, but it's built on the Bitcoin blockchain using a runes protocol. Plus, they claim to be completely decentralized and airdropped over 100,000 addresses for free! So it's got the meme part down, and the community focus.
But do you think this project has what it takes to make a lasting impact, or is it just a fleeting meme?
It could be worth holding particularly because it is on runes protocol. I did receive the airdrop but it wasn't much as anticipated. I think the interesting thing about X was rewarding ORDI holders and I also learnt Bitget has a stake to mine event too where holder of ORDI get to earn extra X. Prolly, after these whole airdrop distribution we could see a price spike.