The price of DOG•GO•TO•THE•MOON (DOG) has increased by 98% over the past week, reaching $0.0078 on Thursday. DOG is among the most widely adopted Runes, with over 95,000 holders and a market capitalization of around $767 million. Runes, developed by Casey Rodarmor, aims to create an efficient standard for fungible tokens on Bitcoin's network. Magic Eden, a cross-chain NFT marketplace, was an early adopter of Runes. Users see Runes as an additional way to get exposure to Bitcoin and they are also fitting into the meme coin trend in crypto. Speculation has grown that Binance may support futures trading for DOG, following Kraken's announcement to list DOG futures. Other Runes like PUPS•WORLD•PEACE and BILLION•DOLLAR•CAT have also seen notable gains in the past month. Magic Eden and OKX are the largest sources of trading volume for Bitcoin-based assets. Bitcoin's record-setting climb is potentially helping the Runes regain attention.



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