According to BlockBeats, on March 29th, Ordinals developer Leonidas shared on social media that people are mistakenly treating Runestone as an NFT collectible. However, he believes that within a month, everyone will view Runestone as a Memecoin. He further speculated on the potential of a Memecoin on the Bitcoin blockchain, stating, 'If a randomly pre-sold Memecoin can skyrocket to a market value of $1 billion overnight, imagine what a Memecoin on the Bitcoin chain can do.'
