If Satoshi was still alive, the developer believes they would be aware of the DOG meme coin.

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According to Leonidas Leonidas, the creator of Ordinals and the Runestone project, Satoshi Nakamoto, the enigmatic figure behind Bitcoin, might be aware of the current trend of meme coins on the blockchain if they are still alive. For further information, please see:

Leonidas stated on the X social media platform that it is quite unbelievable to imagine that Satoshi, if alive, is most likely aware of the new trend of memecoins on his chain, including $DOG.

Runes Protocol, a new token standard developed by Casey Rodarmor, was launched after Bitcoin’s halving. This protocol allows for the issuance of fungible tokens on the Bitcoin blockchain, operating as an additional layer on top of the main chain within Bitcoin’s existing infrastructure. 

After implementing the Runes Protocol, Bitcoin experienced a notable rise in fees. According to U.Today’s report, on April 20th, Bitcoin generated 24 times more fees than Ethereum. However, this increase was brief and fees soon returned to their usual levels.

Runes Protocol is becoming a popular topic again thanks to the buzz surrounding DOG meme coins, despite the initial hype dying down. In just 24 hours, the Bitcoin-inspired DOG•GO•TO•THE•MOON (DOG) coin has seen a significant increase of 24%, putting it close to a market cap of $800 million and placing it among the top 100 cryptocurrencies.