Is the ORDI Token's Big Rise Linked to Bitcoin Ordinals on Binance? 😱
The #ORDI token, unrelated to #bitcoin Ordinals, has surged by 41% in the past 24 hours after being listed on Binance.
Binance now allows trading of Ordinals (ORDI) against USDT, BTC, and Turkish Lira, with no listing fees for developers.
Withdrawals open on Nov. 8. However, Binance cautions that ORDI is a high-risk token with potential price volatility.
Bitcoin Ordinals is a unique numbering system for individual Satoshis on the Bitcoin blockchain, but the current token ORDI is not connected to its developers.
#BRC-20 tokens, like Ordinals, have gained popularity as a major advancement in blockchain technology. Self-custody wallet providers have supported BRC-20 tokens, with a total market cap of $1.34 billion.
