---
title: "PUPS meme coin surges amid Runes protocol anticipation"
url: https://diffcoin.com/pups-meme-coin-surges-amid-runes-protocol-anticipation/
description: "Bitcoin meme coin PUPS jumped by 55% in 24 hours amid the upcoming Runes protocol release"
published: 2024-04-12
updated: 2024-04-12
author: "Mila"
site: "Diffcoin"
---

# PUPS meme coin surges amid Runes protocol anticipation

Bitcoin meme coin PUPS jumped by 55% in 24 hours amid the upcoming Runes protocol release.

According to CoinMarketCap, the PUPS meme coin has surged nearly 55% in the past 24 hours, peaking at over $174 and currently sitting at $72.

The market capitalization of PUPS stands at approximately $563.75 million, up 48.67% in 24 hours. Trading activity, with the volume over the past 24 hours increasing by 387.38% to reach $31.37 million.

![PUPS meme coin surges amid Runes protocol anticipation - 1](https://crypto.news/app/uploads/2024/04/PUPS_1D_graph_coinmarketcap-1024x495.jpeg)

> “Study pups. Study the first meme coin on the world’s oldest blockchain.”
> 
> Ansem, crypto trader and advocate for Pups

The heightened interest in PUPS is driven by the upcoming launch of Runes. The protocol introduces a novel UTXO (Unspent Transaction Output)- based fungible token system to the Bitcoin blockchain, aiming to simplify the creation and management of tokens. The BRC-20 token is set to transition to Runes later this month as the protocol becomes available alongside the Bitcoin halving.

> Pups is the first memecoin on Bitcoin.
> 
> Pups is the first BRC-20 airdrop on Bitcoin.
> 
> Pups is migrating to Runes with a BRC20 and Ordinal pre-rune as mint/burn: 
> BRC20 Pups – 77% 
> Rune Puppets – 23%
> 
> Marketplace:https://t.co/vo2L6QRzcx
> 
> NFA, it’s just a json file on Bitcoin.
> 
> — Pups (@PupsToken) [March 9, 2024](https://twitter.com/PupsToken/status/1766284220064788588?ref_src=twsrc%5Etfw)

Runes focuses on a streamlined approach that minimizes blockchain bloat and simplifies user interaction, making it an attractive alternative to BRC-20 and potentially fostering broader adoption and innovation within the Bitcoin community. The transition and the general excitement surrounding the Runes protocol likely fueled last week’s 1,056% rise in the PUPS’s value.

> 🟨⬛️ Runes 101: What are Runes and Pre-Runes? 
> We’re -D7 from Bitcoin having and the launch of the Runes protocol. Do YOU really understand what Runes and Pre-Runes are?
> 
> 🧵👇 [pic.twitter.com/809CinC52c](https://t.co/809CinC52c)
> 
> — Luminex (@luminexio) [April 12, 2024](https://twitter.com/luminexio/status/1778795193887797561?ref_src=twsrc%5Etfw)

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