According to PANews, data from GeniiData reveals that one month after the mainnet launch of the Runes Protocol, the total market value of the Runes ecosystem has fallen to $925 million. Among the ecosystem, DOG•GO•TO•THE•MOON holds the highest market value of $256.16 million, followed by PUPS•WORLD•PEACE with a market value of $158.75 million, and RSIC•GENESIS•RUNE in third place with a market value of $158.27 million.
Previously, Casey, the founder of Ordinals and the Runes Protocol, had jokingly stated that if the market value of the Runes ecosystem did not reach $1 billion within a month of its launch, he would be prepared to commit harakiri. However, GeniiData's data shows that the highest point the Runes ecosystem's total market value reached was $998.6 million on May 9, falling short of the $1 billion mark.