On April 20, Casey Rodarmor, the creator of Ordinals, introduced a new innovation that was anticipated to generate excitement comparable to the previous year’s BRC-20. However, the prevailing pessimism in the market may have dampened the reception of this announcement. The introduction of Runes offered a simpler method for creating tokens on the Bitcoin network compared to the BRC-20 token standard and other alternative solutions. Both Casey and the community asserted this to be the case.
