ORDI Price Prediction Up More Than 10% – Is It Time to Buy?
(Clip Exchange)
A slight rebound in Bitcoin prices has led to a sharp rise in BRC-20 and BTC beta tokens.
ORDI, the top BRC-20 token, rose nearly 12% on Saturday, benefiting from a 50% surge in daily trading volume. According to CoinMarketCap, ORDI is currently trading at $33.10 with a market cap of just under $700 million.
As overall market sentiment improves, analysts are also turning more optimistic about ORDI's price predictions.
Similarly, Stacks, the top Bitcoin second-layer token, has risen 7% in the past 24 hours.
Even emerging BRC-20 tokens are showing strong demand. For example, 99Bitcoins has raised nearly $2.5 million in its presale and is expected to achieve a strong breakout after its launch. Some experts even say that the token may have the potential to achieve tenfold gains due to its low market capitalization.
How high can it go?
Not surprisingly, as Bitcoin continues to recover, ORDI has been one of the best performing tokens of the past week, up nearly 18% over the past seven days.
Analysts believe that the token still has a lot of upside potential in the short term. For example, ORDI is currently trying to break through the $34 resistance level. Experts say that if the daily or weekly close can be above this level, ORDI is expected to rise further to $41-$50.
