Bitcoin reshuffle: the secret behind it
The rise of DOG and Pizza
Recently, the two most popular meme assets in the Bitcoin ecosystem are DOG and Pizza. The price of Bitcoin has returned to $71,000, the market has improved, and the ecosystem is active. In June, the gas fee on the Bitcoin chain rose.
The overall market value of the Runes ecosystem doubled to $2 billion, DOG hit a new high, and the airdrop was worth more than $8,000. In BRC20, Ordi and Sats also rose, Pizza became a hot asset, and Unisat will airdrop.
This means that the Bitcoin ecosystem will usher in a "reshuffle", and DOG and Pizza are sweeping Bitcoin.
Unisat announced that it will airdrop the "Pizza" inscription to eligible users at the 14th Bitcoin Pizza Festival in the currency circle. At present, all Pizzas have been inscribed and are being distributed one after another, with a floor price of $4.17.
In the early days of Bitcoin inscriptions in 2023, the infrastructure was backward and inscriptions could only be traded through OTC over-the-counter dealers. Nowadays, with the perfect infrastructure, most assets can be traded in the market.
Pizza's trading volume far exceeds that of previous inscription projects. On May 26, a Pizza OTC transaction volume exceeded $100,000. However, the market competition is fierce, and trading orders flow to multiple OTCs.
Therefore, in the eyes of some people and OTC merchants, the reference value of OTC trading volume is limited, and the opening situation is important.
In the currency circle, the news that DOG will be listed on the exchange has spread, and its market value has reached 900 million, close to Ordi's market value of 1.1 billion US dollars.
DOG has a strong out-of-circle effect and has also attracted attention through platforms such as TikTok and YouTube.
Leonidas' "24-hour surfing speed" is also one of the keys to Dog's success.
