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7 Most Promising BRC20 Tokens - We Are Still Early
As the approval of Bitcoin ETF approaches, BRC-20 ecosystem is outperforming most sectors in terms of growth. The narrative still has plenty of 10-100x opportunities thanks to an $800B market behind it.
In this: the 7 most promising BRC-20 tokens to explore!
It's all started in January 2023 when developer rodarmor launched Ordinals on the Bitcoin mainnet. 1 BTC = 100,000,000 Sats Ordinal protocol makes it possible to add data to each Satoshi, and transform them into NFTs.
What is BRC-20?
BRC-20 — a new token standard for Bitcoin introduced by a user @domodata in March of 2023. BRC-20 leverages ordinal inscriptions of JSON data, to deploy smart contracts, mint, and transfer tokens.
Shortly after its launch, the new standard quickly gained immense popularity among the crypto community. Now, at the beginning of a bull run, BRC-20 is gaining it's momentum again. The total market cap is at ~$1.6B.
The first token deployed on BRC-20 was $ORDI.
$ORDI — the #1 memecoin on the Bitcoin network with a total supply capped at 21M, and the entire supply is already in circulation. ORDI is listed on all major CEXs and it's Mcap is close to $1B.
Investing in such a narrative is a high-risk move, and it's important to be aware of that. The best strategy you can adopt here is to accumulate during significant dips. Nevertheless, here are some of the most intriguing tokens from the BRC-20 ecosystem.
$MUBI → Multibit_Bridge the first bridge that allows cross-network transfers between BRC-20 and ERC-20 tokens. ↪︎ Mcap: $60M ↪︎ Price: $0.069
$TRAC → trac_btc the first indexing protocol on Bitcoin Ordinals. Trac allows for the creation of new types of dApps on Bitcoin. The same team behind the protocol is already developing three of them. ↪︎ Mcap: $90M ↪︎ Token Price: $4.23
$TURT → Turtsat serves as the launchpad for the BRC-20 ecosystem. They've already made a couple of successful launches, including $MUBI, which did 80x since. ↪︎ Mcap: $15.4M ↪︎ Price: $4.23
Low caps to explore:
bssbstable → the platform that issues the first stablecoin of the BRC-20 ecosystem, backed by $ORDI, $MUBI.
dova_protocol → the first lending platform for the BRC20 ecosystem.
NxHub_io → BRC-20 platform for aggregation, listing and trading.
↪︎ Basic tools for BRC-20 trading: Wallet, marketplace, inscription service: http://unisat.io/market
↪︎ Price Tracking: https://ordspace.org/brc20
↪︎ Explorer: https://ordiscan.com
In this: the 7 most promising BRC-20 tokens to explore!
It's all started in January 2023 when developer rodarmor launched Ordinals on the Bitcoin mainnet. 1 BTC = 100,000,000 Sats Ordinal protocol makes it possible to add data to each Satoshi, and transform them into NFTs.
What is BRC-20?
BRC-20 — a new token standard for Bitcoin introduced by a user @domodata in March of 2023. BRC-20 leverages ordinal inscriptions of JSON data, to deploy smart contracts, mint, and transfer tokens.
Shortly after its launch, the new standard quickly gained immense popularity among the crypto community. Now, at the beginning of a bull run, BRC-20 is gaining it's momentum again. The total market cap is at ~$1.6B.
The first token deployed on BRC-20 was $ORDI.
$ORDI — the #1 memecoin on the Bitcoin network with a total supply capped at 21M, and the entire supply is already in circulation. ORDI is listed on all major CEXs and it's Mcap is close to $1B.
Investing in such a narrative is a high-risk move, and it's important to be aware of that. The best strategy you can adopt here is to accumulate during significant dips. Nevertheless, here are some of the most intriguing tokens from the BRC-20 ecosystem.
$MUBI → Multibit_Bridge the first bridge that allows cross-network transfers between BRC-20 and ERC-20 tokens. ↪︎ Mcap: $60M ↪︎ Price: $0.069
$TRAC → trac_btc the first indexing protocol on Bitcoin Ordinals. Trac allows for the creation of new types of dApps on Bitcoin. The same team behind the protocol is already developing three of them. ↪︎ Mcap: $90M ↪︎ Token Price: $4.23
$TURT → Turtsat serves as the launchpad for the BRC-20 ecosystem. They've already made a couple of successful launches, including $MUBI, which did 80x since. ↪︎ Mcap: $15.4M ↪︎ Price: $4.23
Low caps to explore:
bssbstable → the platform that issues the first stablecoin of the BRC-20 ecosystem, backed by $ORDI, $MUBI.
dova_protocol → the first lending platform for the BRC20 ecosystem.
NxHub_io → BRC-20 platform for aggregation, listing and trading.
↪︎ Basic tools for BRC-20 trading: Wallet, marketplace, inscription service: http://unisat.io/market
↪︎ Price Tracking: https://ordspace.org/brc20
↪︎ Explorer: https://ordiscan.com
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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