What is RATS Token?RATS (RATS) is a unique animal-inspired meme token on the Bitcoin blockchain that follows the BRC-20 token standard. The token gets its name from the planet's most prolific mammal - the ratHow Does RATS Token Work?At the crossroads of creativity and technology RATS token comes to life through the revolutionary Bitcoin Ordinals system. This framework allows people to order, identify, and inscribe digital content on satoshi, the smallest unit of Bitcoin, to create digital artifacts. The Ordinals protocol opens the door for developers to embed various forms of content, ranging from texts, images, audios, videos, to even entire video games and codes (such as the case of the BRC-20 token standard) to satoshi, thus greatly diversifying the potential applications and versatility of the Bitcoin blockchain.Introduced at the beginning of 2023, the Bitcoin Ordinals system has swiftly captivated the blockchain community. RATS token, deployed on March 11, 2023, and fully minted by November 5, 2023, is an evident to the rapid evolution facilitated by the Ordinals protocol. With a market cap of $66,390,000 and a 24-hour trading volume of $17,899,511 on November 16, 2023, RATS token has already made its mark in the crypto landscape. The numbers clearly indicate the active engagement and interest from the crypto community regarding the RATS token.A Meme Token with a Unique EdgeWhile RATS might fall under the category of meme tokens as it has no inherent use case, it distinguishes itself by its unconventional characteristics. Surprisingly, RATS lacks a traditional whitepaper, website, or roadmap. However, its inherent scarcity, rooted in the BRC-20 token standard positions it as a potentially valuable asset in the long run.Moreover, the BRC-20 token standard, serving as the backbone of RATS token, presents a layer of scarcity and uniqueness to this meme token. Unlike most traditional tokens, RATS relies on Bitcoin for minting, transferring, and storage, which not only amplifies its scarcity but also hints at its long-term value potential.#RATS #BRC20

The top three BRC-20 tokens in terms of weekly gain for holders are RATS, SATS, and ORDI.
Spot trading for 1000SATS and the 1000RATS Perpetual Contract were both released by Binance this week.
Holders on Binance saw increases of 229% and 10% for SATS and ORDI, respectively, over the week.
Tokens like as RATS, SATS, and ORDI are examples of BRC-20 tokens, which were developed with the Bitcoin blockchain in mind. The fact that the BRC-20 token standard enables the Bitcoin blockchain to perform new functions in DeFi apps is a major factor in the token standard's rising popularity.

Based on weekly performance, RATS, SATS, and ORDI are among the best BRC-20 tokens for holders in terms of gain. The listing announcement by Binance is probably a factor in the BRC-20 coins' recent increase.
RATS, SATS, and ORDI are BRC-20 tokens that have substantial weekly increases.
Holders of BRC-20 tokens RATS, SATS, and ORDI made money, even if meme currencies like Shiba Inu and BONK are getting all the attention because to their huge gains from the last week. Some Bitcoin developers see this token standard as a problem since it consistently leads to severe network congestion, which these tokens are a part of.
Data aggregator BRC20 Station on X (formerly Twitter) reports that RATS and SATS provided weekly growth of 610.6% and 329.9%, respectively. Although ORDI isn't the most lucrative option, the BRC-20 coin outperforms the other two in terms of market size and trading volume. Binance traders saw a 10% weekly gain from ORDI.
Important to the list is ORDI since, as of December 6, Ordinals had the first BRC-20 token market cap to exceed $1 billion and was offering 850% monthly gains to investors. This happened in the first week of December. Since Binance's listing announcement for RATS and SATS, the top two BRC-20 tokens, have been discussed in several conversations on crypto X.
In addition to announcing that it would begin offering 1000SATS for spot trading, Binance also revealed that its futures market will feature 1000RATS Perpetual Contracts. The placement of a token on a high-volume exchange, such as Binance or Coinbase, usually causes its price to rise. People have started to call this the "Binance effect" or the "Coinbase effect."
For the two BRC-20 tokens in particular, the Binance effect drove up their values, and they have since become assets that crypto portfolios may use to make huge returns. Data from TradingView shows that 1000SATS is trading at $0.0008086 on Binance right now, while ORDI is trading at $56.92.
Meme currencies and BRC-20 tokens excelled last week as crypto market players derisked in anticipation of important macroeconomic developments, leading to increased transaction volume and cash inflow.
How long the present crypto market cycle lasts and if these assets' gains are sustainable is an open question.
#ORDI #SATS #RATS

Fellow Binancians,Binance Futures will launch the USDⓈ-M 1000RATS Perpetual Contract at 2023-12-15 14:00 (UTC), with up to 50x leverage. More details on the USDⓈ-M 1000RATS Perpetual Contract can be found in the table belowUSDⓈ-M Perpetual Contract1000RATSUSDTLaunch Time 2023-12-15 14:00 (UTC) Underlying Asset1000RATSSettlement AssetUSDTTick Size0.00001Capped Funding Rate+2.00% / -2.00%Funding Fee Settlement FrequencyEvery Four HoursMaximum Leverage50xTrading Hours24/7Multi-Assets ModeSupportedPlease Note: The maximum funding rate of the 1000RATSUSDT Perpetual Contract at the time of launch is +2.00% / -2.00%. The funding fee settlement frequency is every four hours.TimeMax Funding Rate2023-12-15 16:00 (UTC)+2.00% / -2.00%2023-12-15 20:00 (UTC)+2.00% / -2.00%2023-12-16 00:00 (UTC)+2.00% / -2.00%2023-12-16 04:00 (UTC)+2.00% / -2.00%Qualified USDⓢ-margined futures liquidity providers will be eligible to enjoy 0.005% maker fee rebates for trades on the 1000RATSUSDT Perpetual Contract for approximately 14 to 15 days. Refer to this announcement for more information.Based on market risk conditions, Binance may adjust the specifications of the 1000RATSUSDT Perpetual Contract from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.Multi-Assets Mode allows users to trade the 1000RATSUSDT Perpetual Contract across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Assets Mode is activated, users can use BTC as margin when trading the 1000RATSUSDT Perpetual Contract. The 1000RATSUSDT Perpetual Contract is subject to the terms of the Binance Terms of Use and the Binance Futures Service Agreement.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated without your consent. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks, and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning. #RATS #BinanceFutures #BRC20 #BinanceTournament #NEWListing