Crypto:
31385
Bitcoin:
$62.877
% 2.08
BTC Dominance:
%57.2
% 0.05
Market Cap:
$2.18 T
% 4.79
Fear & Greed:
49 / 100
Bitcoin:
$ 62.877
BTC Dominance:
% 57.2
Market Cap:
$2.18 T

The Big Hype in BRC-20 Tokens!

A Big Hype In Brc-20 Tokens

Exciting developments in the Bitcoin world are reflected in the recently introduced Ordinals protocol and the accompanying BRC-20 tokens. These tokens, reminiscent of meme coins, have seen tremendous value increases alongside the rise in Bitcoin prices.

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ORDI Surges by 630%, Surpasses $1 Billion: ORDI, one of the most recognized BRC-20 tokens built on the Bitcoin blockchain, caught attention by soaring over 630% in the past month, surpassing $50. As of yesterday, ORDI marked a record among BRC-20 tokens by surpassing a $1 billion market cap for the first time, riding on the appreciation of Bitcoin.

Other BRC-20 Tokens on the Move: The impressive surge in ORDI triggered speculative movements in other BRC-20 tokens. While RATS declined due to volume figures on the Gate.io exchange, tokens like SHIB and PEPE experienced significant increases. These two tokens, apart from their name similarity to original assets on the Ethereum chain, have no other connection.

Surges in the Last 24 Hours: Beyond ORDI, other BRC-20 tokens are witnessing notable surges. Token named DOMO surged by over 500%, SHIB (BRC-20) by over 800%, NALS by 100%, and PIZA by over 200%.

While these rapid surges stir excitement in the crypto world, investors and experts are closely monitoring future developments. These dynamic changes in the cryptocurrency market could present new opportunities for investors.

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