ORDI, the most valuable token in the Bitcoin family: ORDI is a token minted using the BRC-20 standard, which allows you to create fungible tokens on the Bitcoin network. ORDI is based on Ordinals, which are NFT-style inscriptions on the Bitcoin blockchain.
New record price and market capitalization: ORDI reached a new maximum price of US$81.96 on Friday (30), approaching the top 50 cryptocurrencies by market capitalization.
It currently has a market capitalization of $1.55 billion and is listed on major cryptocurrency exchanges. Potential and challenges of minting tokens on Bitcoin: ORDI shows how the Bitcoin network can be used to mint digital tokens, as well as other important blockchains.
However, the Ordinal and BRC-20 craze is also driving up Bitcoin transaction fees, which reached $37.58 earlier this month.
