The floor price of the Runestone non-fungible token (NFT) collection has fallen significantly over the past 24 hours following the snapshot taken at Bitcoin block 840,269 for the airdrop of a meme coin to Runestone holders.
According to CoinGecko data, the floor price of the NFT collection fell by almost 55% in 24 hours and currently stands at 0.033 BTC (approximately $2,168). Additionally, the collection’s 24-hour trading volume also dropped by 55% to 2.63 BTC.
The highest ever price floor for Runestone was observed on April 11 when the Bitcoin-based NFT collection reached the price tag of 0.095114 BTC (approximately $6,250). CoinGecko also confirmed that a total of 112,400 Runestone NFTs were minted as of April 22, held by 75,540 unique owners, and that the collection has a total market cap of $244,562,012.
Runestone creator Leonidas took to social media platform
‘It is inevitable that some people with low IQ will complain that the Runestone floor drops after this snapshot. This is clearly an irrational approach. You should think of the value of a Runestone as the total value you have received from it since you dropped or bought it.
Leonidas stated that holders should note that holders of the Runestone NFTs are eligible for a total of three airdrops, one of which has been completed. The creator noted that one should “look back at the total value of DOG and all other airdrops for Runestone holders when calculating the total value of the original Runestone airdrop.”
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