In the spirit of the itcoin">Bitcoin Ordinals craze, the Dogecoin community has welcomed its own version of the buzzy Runestone project. This week, a group called Robo AI airdropped 30,272 Dogecoin NFTs, dubbed Doge Runestone, to eligible wallets, mirroring the “free and fair” distribution model pioneered by the original Runestone airdrop on itcoin">Bitcoin in March. The Doge Runestone collection quickly gained traction on the secondary market, with a total trading volume of 80,142 DOGE (nearly $15,000) recorded so far. The current floor price for a Doge Runestone stands at 170 DOGE, approximately $32 on the Ordinals Wallet Dogecoin marketplace.
Robo AI revealed that they are developing a DRC-420 protocol on Doginals, the Dogecoin equivalent of Ordinals, to enable more advanced types of Dogecoin-based media. This project represents the “first like this type of collection” on Dogecoin’s blockchain, according to a project representative. The Doge Runestone airdrop takes inspiration from the Runestone collection on itcoin">Bitcoin, which airdropped 112,383 collectibles to a select group of wallets.
As the Ordinals inscription craze continues to gain momentum, Dogecoin enthusiasts are exploring ways to bring similar innovations to their beloved meme-inspired cryptocurrency. The Doge Runestone airdrop and the development of the DRC-420 protocol demonstrate the Dogecoin community’s eagerness to embrace the latest trends in the cryptocurrency space while maintaining the light-hearted and community-driven spirit that has defined the project since its inception.