BRC-20
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🚀 Unisat Ignites a Crypto Revolution! 🌌🛠️
🌐 Breaking News: Unisat is on fire with groundbreaking updates! 🔥 They've just completed the stellar BRC-20 and BRC-20 Swap update, unveiling a proposal for self-minting and destruction functions, setting the stage for the issuance of stablecoins on the BRC-20 protocol. 🚀💱
💡 What's Next? Unisat is diving into the future with plans to collaborate with indexers, gearing up for the launch of Swap function development. Hold tight, as the specific timeline will be unveiled by L1F next week! 📆🔧
🌐 Open-Source Magic: Unisat isn't holding back – they're set to open-source their sequencer and gradually introduce permissionless Rollup, showcasing a commitment to transparency and community involvement! 🌍🤝
🌌 Fractal Bitcoin Unveiled: Unisat spills the beans on the internal Fractal Bitcoin testnet, running seamlessly for a month. Wallet integration is a breeze, allowing users to effortlessly switch between the mainnet and the mesmerizing world of Fractal Bitcoin! 💼🔄
🔮 Sneak Peek: Unisat has been cooking up something special – the development of Cursed Inscriptions is complete and in the testing phase. Brace yourselves for an imminent release! 📜🚀
🔍 Runes in the Mix: Unisat is evaluating the integration of Runes into its ecosystem, adding an extra layer of intrigue to their ever-evolving crypto universe! 🤔✨
🌐 Join the Unisat Journey: As the Unisat saga unfolds, stay tuned for more updates and get ready to ride the waves of innovation in the crypto space! 🚀🌌 #Write2Earn #CryptoInnovation #TrendingTopic #BRC-20
🌐 Breaking News: Unisat is on fire with groundbreaking updates! 🔥 They've just completed the stellar BRC-20 and BRC-20 Swap update, unveiling a proposal for self-minting and destruction functions, setting the stage for the issuance of stablecoins on the BRC-20 protocol. 🚀💱
💡 What's Next? Unisat is diving into the future with plans to collaborate with indexers, gearing up for the launch of Swap function development. Hold tight, as the specific timeline will be unveiled by L1F next week! 📆🔧
🌐 Open-Source Magic: Unisat isn't holding back – they're set to open-source their sequencer and gradually introduce permissionless Rollup, showcasing a commitment to transparency and community involvement! 🌍🤝
🌌 Fractal Bitcoin Unveiled: Unisat spills the beans on the internal Fractal Bitcoin testnet, running seamlessly for a month. Wallet integration is a breeze, allowing users to effortlessly switch between the mainnet and the mesmerizing world of Fractal Bitcoin! 💼🔄
🔮 Sneak Peek: Unisat has been cooking up something special – the development of Cursed Inscriptions is complete and in the testing phase. Brace yourselves for an imminent release! 📜🚀
🔍 Runes in the Mix: Unisat is evaluating the integration of Runes into its ecosystem, adding an extra layer of intrigue to their ever-evolving crypto universe! 🤔✨
🌐 Join the Unisat Journey: As the Unisat saga unfolds, stay tuned for more updates and get ready to ride the waves of innovation in the crypto space! 🚀🌌 #Write2Earn #CryptoInnovation #TrendingTopic #BRC-20
Are Bitcoin Ordinals Threatening the Network? ⚠️
Bitcoin Ordinals and #BRC-20 tokens exploit a vulnerability, allowing inscriptions to surpass transaction data size limits.
This issue, flagged by a #Bitcoin Core developer, causes network congestion and higher transaction costs. The latest Bitcoin Knots update aims to fix this, potentially ending new Ordinals and tokens.
However, existing inscriptions will persist. Ocean, a decentralized mining protocol, highlighted this vulnerability fix, aiming for more genuine transactions. Dashjr strongly opposes #Ordinal inscriptions, calling it a damaging attack on Bitcoin and its users.
The network currently faces congestion, with over 275,000 unconfirmed transactions and increased transaction costs.
#Binance
#crypto2023
Bitcoin Ordinals and #BRC-20 tokens exploit a vulnerability, allowing inscriptions to surpass transaction data size limits.
This issue, flagged by a #Bitcoin Core developer, causes network congestion and higher transaction costs. The latest Bitcoin Knots update aims to fix this, potentially ending new Ordinals and tokens.
However, existing inscriptions will persist. Ocean, a decentralized mining protocol, highlighted this vulnerability fix, aiming for more genuine transactions. Dashjr strongly opposes #Ordinal inscriptions, calling it a damaging attack on Bitcoin and its users.
The network currently faces congestion, with over 275,000 unconfirmed transactions and increased transaction costs.
#Binance
#crypto2023
Bitcoin Leads the NFT Market with Increase in BRC-20 Token Sales.
In the latest developments in the cryptocurrency industry, Bitcoin has gained a significant lead over Ethereum in the non-fungible token (NFT) market. Data from CryptoSlam shows that Bitcoin's NFT sales volume reached $16.94 million in just one day, bringing the weekly total to $177 million, marking an increase of 88%. This increase is attributed to the growing popularity of SATS #BRC-20 NFTs, which are currently the most sought-after collectibles on the Bitcoin network.
As reported by Dune analytics, the revival in Bitcoin's #NFT market is largely due to the success of the Ordinals protocol. The protocol saw more than 5.6 million entries this November alone, indicating a solid revival from what was previously referred to as the NFT winter. This increase in activity is also reflected in transaction fees, where Bitcoin has surpassed Ethereum. According to Glassnode statistics on Monday, Bitcoin's average transaction fee stood at $10.35, outpacing Ethereum's $8.43. This indicates a significant increase in network activity and interest in Bitcoin-based NFTs and smart contract functions.
Additionally, Bitcoin's dominance in the #NFT market is evident from its monthly sales figures, which stood at $312 million compared to Ethereum's $304 million. Notably, BRC-20 NFTs topped the sales volume rankings with $83 million in transactions on Tuesday, eclipsing other notable collectibles like Bored Ape Yacht Club, which reported $42 million in sales. The buyer base for BRC-20 NFTs expanded by 398%, demonstrating rapidly growing interest among collectors and investors.
$BTC $ETH
In the latest developments in the cryptocurrency industry, Bitcoin has gained a significant lead over Ethereum in the non-fungible token (NFT) market. Data from CryptoSlam shows that Bitcoin's NFT sales volume reached $16.94 million in just one day, bringing the weekly total to $177 million, marking an increase of 88%. This increase is attributed to the growing popularity of SATS #BRC-20 NFTs, which are currently the most sought-after collectibles on the Bitcoin network.
As reported by Dune analytics, the revival in Bitcoin's #NFT market is largely due to the success of the Ordinals protocol. The protocol saw more than 5.6 million entries this November alone, indicating a solid revival from what was previously referred to as the NFT winter. This increase in activity is also reflected in transaction fees, where Bitcoin has surpassed Ethereum. According to Glassnode statistics on Monday, Bitcoin's average transaction fee stood at $10.35, outpacing Ethereum's $8.43. This indicates a significant increase in network activity and interest in Bitcoin-based NFTs and smart contract functions.
Additionally, Bitcoin's dominance in the #NFT market is evident from its monthly sales figures, which stood at $312 million compared to Ethereum's $304 million. Notably, BRC-20 NFTs topped the sales volume rankings with $83 million in transactions on Tuesday, eclipsing other notable collectibles like Bored Ape Yacht Club, which reported $42 million in sales. The buyer base for BRC-20 NFTs expanded by 398%, demonstrating rapidly growing interest among collectors and investors.
$BTC $ETH
BRC20 ORDI Surges; Can It Smash Through Resistance and Keep Climbing?
In recent trading sessions, the #ORDI price has shown a fluctuating pattern on the 4-hour chart, drawing attention from both short-term traders and long-term investors. The latest closing prices indicate a slight uptrend with the most recent at $43.733, up from a previous low of $41.225. This increase reflects a moderate bullish sentiment as prices edged above the 9 Exponential Moving Average (EMA), currently at $42.9978, suggesting some upward momentum.
The 20 EMA, however, tells a slightly different story. With the latest value at $43.6616, it is trending downward from earlier highs, hinting at potential resistance to upward movements. This divergence between the 9 and 20 EMAs indicates a mixed signal, suggesting that the market could be entering a consolidation phase.
Moving on to deeper technical indicators, the Moving Average Convergence Divergence (MACD) supports this potential bullish sentiment. The latest MACD line is at -1.6589, with a signal line of -2.4497, and a positive histogram of 0.7909, indicating increasing upward momentum. This positive histogram suggests that the bulls might be gaining strength, although the overall negative values call for cautious optimism.
The Relative Strength Index (RSI) further enriches the analysis. Currently at 46.33, the RSI has risen from a low of 37.80, moving closer to the neutral 50 mark. This recovery in the RSI indicates a reduction in the previously oversold conditions, supporting the idea of a strengthening bullish momentum.
The immediate resistance is at $48.882, which if broken, could open the way towards more robust ceilings at $55.393 and $58.676. On the flip side, support levels at $40.62 and $40.163 should be watched closely as a break below these could indicate a shift towards a bearish trend. $ORDI #TrendingPredictions #BRC-20
The full analysis and trade strategy was originally posted on ecoinimist.com.
In recent trading sessions, the #ORDI price has shown a fluctuating pattern on the 4-hour chart, drawing attention from both short-term traders and long-term investors. The latest closing prices indicate a slight uptrend with the most recent at $43.733, up from a previous low of $41.225. This increase reflects a moderate bullish sentiment as prices edged above the 9 Exponential Moving Average (EMA), currently at $42.9978, suggesting some upward momentum.
The 20 EMA, however, tells a slightly different story. With the latest value at $43.6616, it is trending downward from earlier highs, hinting at potential resistance to upward movements. This divergence between the 9 and 20 EMAs indicates a mixed signal, suggesting that the market could be entering a consolidation phase.
Moving on to deeper technical indicators, the Moving Average Convergence Divergence (MACD) supports this potential bullish sentiment. The latest MACD line is at -1.6589, with a signal line of -2.4497, and a positive histogram of 0.7909, indicating increasing upward momentum. This positive histogram suggests that the bulls might be gaining strength, although the overall negative values call for cautious optimism.
The Relative Strength Index (RSI) further enriches the analysis. Currently at 46.33, the RSI has risen from a low of 37.80, moving closer to the neutral 50 mark. This recovery in the RSI indicates a reduction in the previously oversold conditions, supporting the idea of a strengthening bullish momentum.
The immediate resistance is at $48.882, which if broken, could open the way towards more robust ceilings at $55.393 and $58.676. On the flip side, support levels at $40.62 and $40.163 should be watched closely as a break below these could indicate a shift towards a bearish trend. $ORDI #TrendingPredictions #BRC-20
The full analysis and trade strategy was originally posted on ecoinimist.com.
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.
#Binance
#crypto2023
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.
#Binance
#crypto2023
Unlocking the Future of BRC-20 with BRC20DEX. 🟧🟠🔶
🚀 Exciting news is on the horizon as BRC20DEX, the game-changer in the BRC-20 ecosystem, prepares for launch on BSCPAD, AIPAD, and GAMEZONE.
🔥 With BRC-20 tokens soaring to a remarkable $3.3 BILLION market cap in just 6 months, the eagerly awaited BRC20DEX Exchange is poised to steal the spotlight!
🥇 Pioneering as the first one-click DEX on the BRC-20 network, BRC20DEX is set to lead the bull run with its groundbreaking features.
❕ Advantages:
🔹 True Decentralization: Redefining the essence of decentralization.
🔹 Enhanced Security: Prioritizing the safety of your assets.
🔹Extremely Low Fees: Empowering spot trading with cost-effective transactions.
🔹 Top Launchpools: Providing prime opportunities for token launches.
🔹 Staking: Maximizing your returns through strategic staking.
🔹 Lightning-Fast Swaps: Streamlining transactions for efficiency.
🔹 Leverage Trading: Elevating your trading experience to new heights.
🤯 BRC20DEX is rapidly evolving, with live products already thriving on the testnet.
Stay tuned for the IDO date announcement - BRC20DEX is set to redefine the BRC-20 exchange landscape! Get ready to embark on a journey into the future of decentralized trading.
#BRC2O #BRC20DEX #BRC-20 #BSCPad #Launchpad
🚀 Exciting news is on the horizon as BRC20DEX, the game-changer in the BRC-20 ecosystem, prepares for launch on BSCPAD, AIPAD, and GAMEZONE.
🔥 With BRC-20 tokens soaring to a remarkable $3.3 BILLION market cap in just 6 months, the eagerly awaited BRC20DEX Exchange is poised to steal the spotlight!
🥇 Pioneering as the first one-click DEX on the BRC-20 network, BRC20DEX is set to lead the bull run with its groundbreaking features.
❕ Advantages:
🔹 True Decentralization: Redefining the essence of decentralization.
🔹 Enhanced Security: Prioritizing the safety of your assets.
🔹Extremely Low Fees: Empowering spot trading with cost-effective transactions.
🔹 Top Launchpools: Providing prime opportunities for token launches.
🔹 Staking: Maximizing your returns through strategic staking.
🔹 Lightning-Fast Swaps: Streamlining transactions for efficiency.
🔹 Leverage Trading: Elevating your trading experience to new heights.
🤯 BRC20DEX is rapidly evolving, with live products already thriving on the testnet.
Stay tuned for the IDO date announcement - BRC20DEX is set to redefine the BRC-20 exchange landscape! Get ready to embark on a journey into the future of decentralized trading.
#BRC2O #BRC20DEX #BRC-20 #BSCPad #Launchpad
Making good moves is about going with the flow. I noticed the #ORDI. token was going crazy, so I figured #BRC-20 tokens might follow.
I bought #STX and #RIF and it worked out.
Sometimes, you don't need all those complicated charts.
If you want, I can give you a heads-up on what might be next in the market.
#TrendingTopicChallenge
I bought #STX and #RIF and it worked out.
Sometimes, you don't need all those complicated charts.
If you want, I can give you a heads-up on what might be next in the market.
#TrendingTopicChallenge
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Cryptonian community:
#BRC-20 $1000SATS #Bitcoin2024 #1000SATS #ORDI #Ordinals
The 1000SAT token has a maximum amount of 2.1 billion tokens, which coincides with the maximum amount of satoshis that can be created.
The 1000SAT token aims to facilitate the use of BITCOIN as a means of payment, by allowing faster and cheaper transactions than on the main bitcoin network.
The maximum total of tokens created are already in our hands and in circulation.
There are no more!!!... 💰 💰 🤑 💲
What are we waiting for to start burning and raise its value? $1000SATS $1 😄 💪
Without supply, there is no demand.
Let's not forget it. 💋
I read them in the comments.
#BRC-20 $1000SATS #Bitcoin2024 #1000SATS #ORDI #Ordinals
The 1000SAT token has a maximum amount of 2.1 billion tokens, which coincides with the maximum amount of satoshis that can be created.
The 1000SAT token aims to facilitate the use of BITCOIN as a means of payment, by allowing faster and cheaper transactions than on the main bitcoin network.
The maximum total of tokens created are already in our hands and in circulation.
There are no more!!!... 💰 💰 🤑 💲
What are we waiting for to start burning and raise its value? $1000SATS $1 😄 💪
Without supply, there is no demand.
Let's not forget it. 💋
I read them in the comments.
See original
#EquipoDe $BTC $1000SATS #BRC-20 #Ordinals #Bitcoin2024 #1000sats
The 1000SAT token has a maximum amount of 2.1 billion tokens, which coincides with the maximum amount of satoshis that can be created.
The 1000SAT token aims to facilitate the use of BITCOIN as a means of payment, by allowing faster and cheaper transactions than on the main bitcoin network.
The total maximum tokens created are already in our hands. 💰 🤑
What do we wait for them to start burning and increase their value? $1000SATS $1
Let's not forget it.
We are the new generation exploring gold 💋
The 1000SAT token has a maximum amount of 2.1 billion tokens, which coincides with the maximum amount of satoshis that can be created.
The 1000SAT token aims to facilitate the use of BITCOIN as a means of payment, by allowing faster and cheaper transactions than on the main bitcoin network.
The total maximum tokens created are already in our hands. 💰 🤑
What do we wait for them to start burning and increase their value? $1000SATS $1
Let's not forget it.
We are the new generation exploring gold 💋
🚀💎 BRC20 Gems: Uncover Hidden 100x Potential! 💡🌐
Crypto Adventurers, embark on a journey through the realm of BRC20 projects with explosive potential and market caps below 50 million!
🌟 Here's your guide to potential riches:
🌐 Top Picks in the BRC20 Universe:
1. 🌉 $BRGE by @OrdBridge
- 💰 Market Cap: $6 million
- 🚀 Pioneering BRC20 bridge, in development since the start of the year. More secure than $MUBI, with its token just launched today!
2. 🌕 $DOVI - L2 BTC
- 💰 Market Cap: $8 million
- 🚀 Recently launched with immense potential in the Layer 2 Bitcoin space.
3. 🌉 $wBRGE by @OrdBridge
- 💰 Market Cap: $2 million
- 🚀 Another secure bridge play, surpassing $MUBI, and freshly launched yesterday.
4. 🌐 $NHUB
- 💰 Market Cap: $2 million
- 🚀 Liquid aggregator project, creating waves in the BRC20 space.
5. 🌐 $TRVS
- 💰 Market Cap: $2 million
- 🚀 Safety wallet project securing its spot with potential for significant growth.
6. 🌍 $OKZ
- 💰 Market Cap: $5 million
- 🚀 Impressive roadmap delivery, featuring a working bridge for SOL and BTC.
7. 🎯 Sniper Bot + Launchpad
- 💰 Market Cap: $1.5 million
- 🚀 Rapidly growing project with a sniper bot and launchpad on the horizon.
8. 💎 Hidden Gems Under 5 Million:
- $BXDX, $NHUB, $STST, $TRVS, $ECH, $EVLV, $ONFI, $PSAT, $CSAS - all builders with immense potential.
9. 🚀 Big Players with Further Potential:
- $ROUP, $MMSS, $CHAX, $MUBI, $GHSY, $TRAC - still holding substantial potential for another 10x growth.
🌟 Why Now is the Time:
- 🚀 Early Entry: Get in early before these projects skyrocket.
- 💎 Hidden Treasures: Discover potential gems with strong fundamentals.
- 🌐 Diverse Portfolio: Build a portfolio with a mix of bridges, tokens, and innovative projects.
🌐 Stay Updated:
- 🌐 Follow: @TradingHeights for updates on $BRGE
- 📈 Track: Keep an eye on market caps and project developments.
🚀💰 Ready to Ride the BRC20 Wave? Your journey begins now.
#BTC #BRC-20
Crypto Adventurers, embark on a journey through the realm of BRC20 projects with explosive potential and market caps below 50 million!
🌟 Here's your guide to potential riches:
🌐 Top Picks in the BRC20 Universe:
1. 🌉 $BRGE by @OrdBridge
- 💰 Market Cap: $6 million
- 🚀 Pioneering BRC20 bridge, in development since the start of the year. More secure than $MUBI, with its token just launched today!
2. 🌕 $DOVI - L2 BTC
- 💰 Market Cap: $8 million
- 🚀 Recently launched with immense potential in the Layer 2 Bitcoin space.
3. 🌉 $wBRGE by @OrdBridge
- 💰 Market Cap: $2 million
- 🚀 Another secure bridge play, surpassing $MUBI, and freshly launched yesterday.
4. 🌐 $NHUB
- 💰 Market Cap: $2 million
- 🚀 Liquid aggregator project, creating waves in the BRC20 space.
5. 🌐 $TRVS
- 💰 Market Cap: $2 million
- 🚀 Safety wallet project securing its spot with potential for significant growth.
6. 🌍 $OKZ
- 💰 Market Cap: $5 million
- 🚀 Impressive roadmap delivery, featuring a working bridge for SOL and BTC.
7. 🎯 Sniper Bot + Launchpad
- 💰 Market Cap: $1.5 million
- 🚀 Rapidly growing project with a sniper bot and launchpad on the horizon.
8. 💎 Hidden Gems Under 5 Million:
- $BXDX, $NHUB, $STST, $TRVS, $ECH, $EVLV, $ONFI, $PSAT, $CSAS - all builders with immense potential.
9. 🚀 Big Players with Further Potential:
- $ROUP, $MMSS, $CHAX, $MUBI, $GHSY, $TRAC - still holding substantial potential for another 10x growth.
🌟 Why Now is the Time:
- 🚀 Early Entry: Get in early before these projects skyrocket.
- 💎 Hidden Treasures: Discover potential gems with strong fundamentals.
- 🌐 Diverse Portfolio: Build a portfolio with a mix of bridges, tokens, and innovative projects.
🌐 Stay Updated:
- 🌐 Follow: @TradingHeights for updates on $BRGE
- 📈 Track: Keep an eye on market caps and project developments.
🚀💰 Ready to Ride the BRC20 Wave? Your journey begins now.
#BTC #BRC-20
See original
🚀 Binance Lists 1000SATS ( #BRC-20 ) for Spot Trading and Introduces Isolated Margin Pair 🚀
#Binance Announcement:
We are excited to inform our users that Binance will list BRC-20 Sats (1000SATS) for spot trading starting December 12, 2023 12:00 (UTC). New spot trading pairs include 1000SATS/USDT, 1000SATS/FDUSD and 1000SATS/TRY.
You can start depositing 1000SATS now to prepare for trading, and withdrawals will be available from 12:00 UTC on December 13, 2023. The listing fee for 1000SATS is 0 BNB.
Additionally, 1000SATS will be introduced as a new borrowable asset on Isolated Margin paired with USDT within 48 hours from 12:00 UTC on December 12, 2023.
For detailed information on secured assets, limits and rates, please see Margin Data.
Important notes:
#1000SATS is equivalent to 1000 times SATS. For example, depositing 1100 SATS will be displayed as 1.1 1000SATS. The Seed Tag will be applied to 1000SATS.
#TRY is a fiat currency and does not represent other digital currencies.
Withdrawal open time is an estimate and users can check the actual status on the withdrawal page. In the event of any differences between the translated versions and the original English version, the English version shall prevail.
#BinanceTournament 🌐🚀
$BTC $1000SATS
#Binance Announcement:
We are excited to inform our users that Binance will list BRC-20 Sats (1000SATS) for spot trading starting December 12, 2023 12:00 (UTC). New spot trading pairs include 1000SATS/USDT, 1000SATS/FDUSD and 1000SATS/TRY.
You can start depositing 1000SATS now to prepare for trading, and withdrawals will be available from 12:00 UTC on December 13, 2023. The listing fee for 1000SATS is 0 BNB.
Additionally, 1000SATS will be introduced as a new borrowable asset on Isolated Margin paired with USDT within 48 hours from 12:00 UTC on December 12, 2023.
For detailed information on secured assets, limits and rates, please see Margin Data.
Important notes:
#1000SATS is equivalent to 1000 times SATS. For example, depositing 1100 SATS will be displayed as 1.1 1000SATS. The Seed Tag will be applied to 1000SATS.
#TRY is a fiat currency and does not represent other digital currencies.
Withdrawal open time is an estimate and users can check the actual status on the withdrawal page. In the event of any differences between the translated versions and the original English version, the English version shall prevail.
#BinanceTournament 🌐🚀
$BTC $1000SATS
Bitcoin #BRC-20 tokens near $1.5 billion market cap amid inscription frenzy
The BRC-20 tokens, a token standard on the #bitcoin blockchain, have witnessed an unprecedented resurgence in trading volume and price. This resurgence became notably evident on May 8, 2023, when the total market cap of BRC-20 tokens approached a significant $1 billion.
Currently, the BRC-20 ecosystem, consisting collectively of 214 #tokens , nears an even more impressive market cap of $1.5 billion.
Ordinals, the highest market cap currently at $460 million, stands out among these tokens. The value of one #Ordinals token stands at $21, which is quite close to its all-time high of $29. This specific surge in the value of Ordinals, and consequently BRC-20 tokens, can be attributed to the frenzy surrounding the inscription over the last few weeks.
The BRC-20 tokens, a token standard on the #bitcoin blockchain, have witnessed an unprecedented resurgence in trading volume and price. This resurgence became notably evident on May 8, 2023, when the total market cap of BRC-20 tokens approached a significant $1 billion.
Currently, the BRC-20 ecosystem, consisting collectively of 214 #tokens , nears an even more impressive market cap of $1.5 billion.
Ordinals, the highest market cap currently at $460 million, stands out among these tokens. The value of one #Ordinals token stands at $21, which is quite close to its all-time high of $29. This specific surge in the value of Ordinals, and consequently BRC-20 tokens, can be attributed to the frenzy surrounding the inscription over the last few weeks.
Let me share this update for you guys $BTC eco system any coin related to #BRC-20 just know it’s going to skyrocket while bitcoin is pumping I have listed coin for the bull run if you want to get coin that will sky rocket for this coming bull run trust me I’ll be showing it here soon after the halving we’ve enter the bull run BTC be making us smile you can literally wake up to see million you’ve made you guys should know $STX is part of the BTC ecosystem I have more if you want me to list them comment List in the comment section 👇👇👇#BTC #TrendingTopic #STX/USDT #Write2Earn
🗞 CryptoNews of the Day 🗞
Binance Web3 Wallet Launches Bitcoin Inscriptions Marketplace: Binance, the world's largest cryptocurrency exchange, has announced the launch of an in-app Inscriptions Marketplace.
DETAILS :
https://coinmarketcap.com/academy/article/binance-web3-wallet-launches-bitcoin-inscriptions-marketplace$BTC
#Write2Earn #binance #BTC #BRC-20 #Q83CommUNITY
Binance Web3 Wallet Launches Bitcoin Inscriptions Marketplace: Binance, the world's largest cryptocurrency exchange, has announced the launch of an in-app Inscriptions Marketplace.
DETAILS :
https://coinmarketcap.com/academy/article/binance-web3-wallet-launches-bitcoin-inscriptions-marketplace$BTC
#Write2Earn #binance #BTC #BRC-20 #Q83CommUNITY
Is Bitcoin's Hash Rate Record of 540 EH/s Sustainable Amidst Plummeting Profitability? 🧐
Bitcoin's network #hash rate soared to an all-time high of 544 exahashes per second on Christmas day, doubling since January.
Despite its impressive surge, declining profitability troubles #miners . Hash price, indicating profitability, dropped to $0.09/TH/s/day from its peak of $0.136/TH/s/day in December.
This fall was attributed to reduced demand after the #BRC-20 frenzy. While high hash rates fortify security, miners face increased challenges in securing blocks, posing sustainability questions amidst declining profitability.
#Binance
#crypto2023
Bitcoin's network #hash rate soared to an all-time high of 544 exahashes per second on Christmas day, doubling since January.
Despite its impressive surge, declining profitability troubles #miners . Hash price, indicating profitability, dropped to $0.09/TH/s/day from its peak of $0.136/TH/s/day in December.
This fall was attributed to reduced demand after the #BRC-20 frenzy. While high hash rates fortify security, miners face increased challenges in securing blocks, posing sustainability questions amidst declining profitability.
#Binance
#crypto2023