According to trevor.btc, the market capitalization of $DOG has reached a level that is double the combined volume of the top 10 Ordinals, highlighting a significant liquidity shift within the Bitcoin ecosystem (source: trevor.btc on Twitter, May 23, 2025). This trend suggests that as Runes protocols gain traction, liquidity is increasingly flowing into Ordinals, which could enhance trading opportunities in Bitcoin-based assets. Traders should monitor $DOG, Ordinals, and Runes projects closely, as positive momentum in these sectors may continue to drive higher trading volumes and price action across the broader Bitcoin asset market.