Sols
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Binance’s launch of the Bitcoin inscription project SATS has set off a craze for inscriptions, demonstrating the market’s keen interest in such projects. This trend is not only reflected in the surge in transactions on the Bitcoin network, but also significantly affects the entire DeFi field.
On November 12, Binance released the SATS project, which immediately attracted widespread attention. This enthusiasm is not limited to Bitcoin, but has also spread to other on-chain inscription projects such as Solana and Avalanche. For example, Rune Alpha’s COOK token, despite having been questioned, saw its market price soar from $25 to $400, demonstrating the strong market demand for this type of asset.
At the same time, we are seeing an increase in activity on the Bitcoin network. According to data from Mempool.space, the number of unconfirmed transactions on the entire network is as high as 278,087, showing a significant increase in network activity.
The rise of the DeFi Summer era, especially the liquidity mining started by Compoud, as well as the emergence of Binance Smart Chain, Matic and Fantom, have brought new vitality to the cryptocurrency market. This period saw diversification and innovation in the cryptocurrency space, laying the foundation for today’s inscription craze.
Galaxy Research and Mining predicted in March this year that the market value of the Bitcoin Ordinals market could reach $5 billion by 2025. This prediction is based on the rapid growth in the number of inscriptions, from 260,000 to 47.75 million, highlighting the huge potential of this field.
In the cryptocurrency market, the importance of narrative cannot be ignored. The narrative of DeFi Summer originated from Ethereum, creating the myth of wealth through new models such as liquidity mining. Similarly, the rise of inscriptions is shaping new narratives, especially as the Bitcoin ecosystem evolves and the Layer 2 network is expected to come online.
The core logic of Inscription lies in Fair launch, a concept that is quite popular in DeFi Summer. The idea of fair launch is to maintain fairness during the token distribution process. This model brings maturity and capital attention to the DeFi ecosystem.
In short, the emergence and development of Inscription is not only an important milestone for the Bitcoin ecosystem, but may also herald the arrival of a new cryptocurrency bull market. As more Bitcoin Layer 2 projects come online, we may witness a new stage of development of the cryptocurrency market driven by Bitcoin.
#SATS #Sols #DOGI
On November 12, Binance released the SATS project, which immediately attracted widespread attention. This enthusiasm is not limited to Bitcoin, but has also spread to other on-chain inscription projects such as Solana and Avalanche. For example, Rune Alpha’s COOK token, despite having been questioned, saw its market price soar from $25 to $400, demonstrating the strong market demand for this type of asset.
At the same time, we are seeing an increase in activity on the Bitcoin network. According to data from Mempool.space, the number of unconfirmed transactions on the entire network is as high as 278,087, showing a significant increase in network activity.
The rise of the DeFi Summer era, especially the liquidity mining started by Compoud, as well as the emergence of Binance Smart Chain, Matic and Fantom, have brought new vitality to the cryptocurrency market. This period saw diversification and innovation in the cryptocurrency space, laying the foundation for today’s inscription craze.
Galaxy Research and Mining predicted in March this year that the market value of the Bitcoin Ordinals market could reach $5 billion by 2025. This prediction is based on the rapid growth in the number of inscriptions, from 260,000 to 47.75 million, highlighting the huge potential of this field.
In the cryptocurrency market, the importance of narrative cannot be ignored. The narrative of DeFi Summer originated from Ethereum, creating the myth of wealth through new models such as liquidity mining. Similarly, the rise of inscriptions is shaping new narratives, especially as the Bitcoin ecosystem evolves and the Layer 2 network is expected to come online.
The core logic of Inscription lies in Fair launch, a concept that is quite popular in DeFi Summer. The idea of fair launch is to maintain fairness during the token distribution process. This model brings maturity and capital attention to the DeFi ecosystem.
In short, the emergence and development of Inscription is not only an important milestone for the Bitcoin ecosystem, but may also herald the arrival of a new cryptocurrency bull market. As more Bitcoin Layer 2 projects come online, we may witness a new stage of development of the cryptocurrency market driven by Bitcoin.
#SATS #Sols #DOGI
Bitcoin’s current market value is 900 billion, and Ordi’s current market value is 1.5 billion, which is only one-sixth of Bitcoin’s market value.
If the Bitcoin bull run reaches 140,000 coins, the market cap will reach 27 trillion
If based on the ratio of one-sixth: Ordi's corresponding market value is 4.5 billion, and the unit price is 230
If the ratio reaches one percent: the corresponding market value of ordi is 270 billion, and the unit price is 1,380
If it reaches a ratio of one-fiftieth: the corresponding market value of ordi is 540 billion, and the unit price is 2,760
If the ratio reaches one-twentieth: the corresponding market value of ordi is 1.35 trillion, and the unit price is 6,900
How far do you think the ordi bull market can go? Welcome to leave a message in the comment area.
#BTC #ORDI. #Sols #GAS #ARB，
If the Bitcoin bull run reaches 140,000 coins, the market cap will reach 27 trillion
If based on the ratio of one-sixth: Ordi's corresponding market value is 4.5 billion, and the unit price is 230
If the ratio reaches one percent: the corresponding market value of ordi is 270 billion, and the unit price is 1,380
If it reaches a ratio of one-fiftieth: the corresponding market value of ordi is 540 billion, and the unit price is 2,760
If the ratio reaches one-twentieth: the corresponding market value of ordi is 1.35 trillion, and the unit price is 6,900
How far do you think the ordi bull market can go? Welcome to leave a message in the comment area.
#BTC #ORDI. #Sols #GAS #ARB，
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Is there anyone who has worked on the inscription of the nominal project of okx and xone?
The authorities came forward and there was no such thing.
Although the popularity of inscriptions is extremely high now, don’t rush into it blindly.
The current inscriptions are a mixed bag, and it is difficult to avoid collapse.
So how to avoid risks? We were calling for Sols last week, and the price has skyrocketed since it went online this week. As for the follow-up...
There are discussions all day long in the small circle. If you know how to do it, you can join in and play together. If you don’t know how, we can come in and teach you how to play.
Invest in the currency circle, pay attention to Brother Yu, and share with Yue Xianhuo Daily Power Ma for free. No threshold circle
#okx #ACE #Sols
The authorities came forward and there was no such thing.
Although the popularity of inscriptions is extremely high now, don’t rush into it blindly.
The current inscriptions are a mixed bag, and it is difficult to avoid collapse.
So how to avoid risks? We were calling for Sols last week, and the price has skyrocketed since it went online this week. As for the follow-up...
There are discussions all day long in the small circle. If you know how to do it, you can join in and play together. If you don’t know how, we can come in and teach you how to play.
Invest in the currency circle, pay attention to Brother Yu, and share with Yue Xianhuo Daily Power Ma for free. No threshold circle
#okx #ACE #Sols