Official announcements from BAMK or press releases

BAMK of Nakamoto Dollar Surges 75% to $350M Market Cap After UTXO Investment

Jun 14, 2024, 04:59 AM

The BAMK of Nakamoto Dollar (BAMK) has emerged as one of the hottest runes on Bitcoin, reaching a market cap of $200 million and becoming the second highest rune by market cap, just behind DOG. This surge is attributed to its innovative yield-bearing stablecoin, the synthetic dollar NUSD (Nakamoto Dollar), which allows for seamless trading between Bitcoin and NUSD without the need for centralized exchanges or bridges. Recently, BAMK experienced a significant jump of 75%, pushing its market cap to $350 million after UTXO invested $1 million in the project. The total market cap for all runes, launched 54 days ago, is currently $1.98 billion, with 598,992 holders. DOG holds the highest individual rune market cap at $760 million, the most trading volume at $166 million, and the most sales at 90,563. RUNEX has the highest holder count at 104,927. The BAMK rune has surged more than 150% in the last week, indicating strong market interest and potential growth in the runes ecosystem.