
Morphelay
82 posts

Morphelay
@morphelay
Building crypto stuff / Researcher & Dev




Made some charts to see the history of Odinfun daily active users Early March: ~3.5k daily Late March/Early April: ~2k daily Late April: ~700 daily Early May: 1.5k daily Now: 1k daily x2 from the ATL, but -50% from March/April numbers


Is Odinfun back? +600% in trade volume and +300% in tx count for 7 days






Alkane Runes - FADE or MAX APE? What are Alkane Runes, and why are both Western and Eastern traders currently bidding on them? Often dubbed “Runes 2.0” or “programmable Runes,” Alkane Runes are a new class of programmable tokens built on the Bitcoin blockchain, introduced by Oyl Wallet (@oylwallet). In terms of minting and trading experience, they currently function almost identically to OG Runes. What Makes Them Different? While Alkane Runes, like OG Runes, utilize Bitcoin’s UTXO model (Unspent Transaction Outputs), they introduce programmability — enabling more advanced features such as: • Smart contract-like logic • Custom transaction rules • On-chain behavior beyond simple transfers This added flexibility positions them as a more powerful toolset for developers and projects, without compromising on Bitcoin’s core strengths: security and decentralization. Alkane Runes aim to open up the Bitcoin ecosystem to more complex token use cases, including: • Memecoins • DeFi primitives • Community-driven projects • Custom token logic previously only possible on altchains What’s Next: • Greater trading adoption via integration with key marketplaces and wallets such as @okx (should happen soon!), @wallet, @xverse, and @unisat_wallet. • Rollout of AMM (functionality, bringing deeper liquidity and composability. Some Strategic Thoughts: • For Alkane Runes to thrive long-term, they must integrate with OG Top Rune communities. Ignoring these early adopters risks isolation and eventual decline, a pattern we have seen often with new token standards or platforms. • There’s a noticeable shift among Chinese traders, many of whom are drifting away from OdinFun and increasingly focusing on Alkane Runes as the next high-upside meta. • Within the Alkane ecosystem, tokens like DIESEL, METHANE, PROPANE and BUTANE are capturing the most mindshare, both in terms of provenance and potential utility. One standout is currently CheekyB (@CheekyB_real) a character tied to the Puppet lore and supported heavily by the Puppet/Gizmo-Cabal. Which has revived mempool, pushing it back to almost 30 sats yesterday. • In general it is very hard imo that we will see any new real (meme-)communities forming while TOP OG Runes still being ATL and having a hard time gaining user-growth. For example native OdinFun and Funkybit tokens won't really have that shot. But now for example with CheekyB: • It featured one of the most widely supported and timezone-inclusive (east/west) mints in the Alkane ecosystem. Creating some sort of East/West PvE. • the mint was basically free and fair giving everybody the chance to mint. • if Alkanes gain further and broader adaption, CheekyB for example could be seen as the most memed Alkane-ticker. tl;dr: gib me sum more catalysts muy bien ser coca-cola zero





ODIN·FUN 存量资金:74.6093 BTC ODIN·FUN fund reserve: 74.6093 BTC 差得多的时期我们都经历过,没什么可怕 We've been through much worse times, so there's nothing to be afraid of.







