Dogecoiners clone hyped Bitcoin Ordinals ‘runestone’ airdrop

Dogecoin blockchain natives have just finished handing out its own “Runestone” airdrop inspired by the nonfungible token (NFT)-like giveaway done through Bitcoin Ordinals last month.

Finishing up on April 2, a total of 30,272 of the inventively titled “Doge Runestone” Doginals — Dogecoin’s name for its Ordinals — were handed out to wallets that held at least one Doginal from a list of collections outlined by Robo AI, the airdrop’s organizer.

The Doge Runestones are now trading at a floor price of 185 Dogecoin (DOGE $0.17), worth about $32, and have seen a 24-hour volume of just over $2,000, according to data from the Ordinals Wallet marketplace.

The airdrop copied the buzzy Bitcoin Ordinals-based Runestone airdrop in March, where a community-run effort handed out over 112,000 Runestones to the protocol’s early adopters.

Bitcoin Ordinals are NFT-esque assets such as images or documents that are embedded into sats — the smallest unit of Bitcoin (BTC $67,015).

Dogecoin is a fork of a fork of Bitcoin — which is why it’s able to have Ordinals — and its Doginals protocol was launched by an anonymous developer in February last year, a month after Bitcoin Ordinals.

The protocol also opened up the possibility for the launch of the DRC-20 token standard in early May 2023, taking its namesake from Ethereum’s ERC-20 standard and Bitcoin’s similar BRC-20 standard.

There are 149 Doginal collections and nearly 68,000 DRC-20 tokens with a combined market capitalization of $120 million, according to Doginal Explorer data.

The 1993 classic shooter game Doom has also been inscribed on the Dogecoin blockchain as a Doginal — a continuing meme of video game porters that have run Doom on random hardware such as washing machines and toothbrushes.

The Doge Runestone airdrop didn’t seem to positively affect DOGE, which is trading at $0.1718 — down 2% in the past day and 20% on the week, per Cointelegraph Markets Pro.