Can #ORDI return to 100? Does the Bitcoin Layer 2 network still have a chance? Is the inscription sector a phased correction or is the heat pushed away?
At 12:16 on March 8, 2023, the first BRC20 inscription ORDI was deployed, with a total of 21 million.
Everyone can mint for free, with a limit of 1,000 per mint;
It was not until 7:23 on March 10 that it was minted.
On May 10, each inscription was about 22 US dollars, and the highest price reached 30 US dollars.
It took only two months to increase by thousands of times.
Like all memes, what causes fomo is never what this thing is, but whether there is a chance for people to make hundreds or even thousands of times.
Does ORDI still have a chance? Or does BRC20 still have a chance to meet these wishes?
Inscriptions do allow some early participants in the primary market to reap dividends, but as more and more people participate and more projects are launched, such a get-rich-quick effect no longer exists
Participants in the secondary market, in fact, few people bought at more than 20 US dollars in the early stage, and they only dared to invest a small amount of money and sold it when it rose a little. Most investors started to participate in the inscription sector when the price was above 50 US dollars or even 80 US dollars!
Most of the people who chased inscriptions at the beginning did not get on the express train of wealth because of inscriptions. Instead, they missed the layout of the bull market.
Click on my avatar, look at my information to find me. I have been working in the currency circle for many years. Maybe my experience can help you.