The total capitalization of bitcoin-based BRC-20 tokens is about $650 million. exceeded $400 million.
At the maximum, the figures exceeded $1 billion and $600 million, respectively.
The daily trading volume of BRC-20 tokens has crossed the $200 million mark. 97% of it is concentrated in ORDI. In early April, the asset was valued at $0.1 against the current $19.3, having increased the initial investment of holders by 192 times.
ORDI received a listing on BKEX and Gate.io.
Meme tokens make up the majority of the BRC-20 tokens created from the acclaimed Ordinals project.
The top of the rating in terms of capitalization is also formed by the projects PEPE, MEME, PIZA and BANK, which are noticeably inferior to the leader.
System uses numbering satoshi (serialization) to write data to the “witness” part of the bitcoin transaction.
The excitement around BRC-20 tokens contributed to the jump in the average commissions in the Bitcoin network to the levels of July 2021 ($7).
According to journalist Colin Wu, ex-Bitcoin SV developers from China play a significant role in the development of the segment. Following the launch of Ordswap focused on trading BRC-20 tokens CEXthe team introduced its DEX counterpart called RelayX.
The Ordinals Wallet was launched by the creators of Twetch on Bitcoin SV, and the most popular Unisat solution is by developers associated with Sensible Contract (SDK for smart contracts on this network).
The team behind Ordswap, the first BRC20 trading platform, has developed RelayX, the first decentralized trading platform on the BSV network. Behind the wallet Ordinals Wallet is Twetch, a social application built on BSV. The founder of the Mempool mining pool is also a core…
— Wu Blockchain (@WuBlockchain) May 9, 2023
Recall that the PEPE token grew tenfold in April, turning some coin holders into millionaires.
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