@ord_io
In 1,075 blocks (7d 11h) the creator of the Runes protocol @rodarmor's new #Rune MEMENTO•MORI will start minting and after 50,000 transactions (6 blocks) will mint out
Below are different models of how high the Bitcoin network fees will spike during those 6 blocks based on implied market caps:
$1M MCAP = 113 sat/vB
$2M MCAP = 227 sat/vB
$5M MCAP = 569 sat/vB
$10M MCAP = 1,138 sat/vB
$15M MCAP = 1,708 sat/vB
$25M MCAP = 2,847 sat/vB
$50M MCAP = 5,694 sat/vB
$100M MCAP = 11,389 sat/vB
You will be able to check the countdown to the MEMENTO•MORI mint and watch how the 6 blocks will unfold live using Block Vision here:
http://https//www.ord.io/MEMENTOMORI?showcase-tab=minting
