The sharp drop to $ORDI is due to sentiment, Binance updated its web3 wallet without inscriptions. The main reason is that inscription users are not on Binance. It is reasonable to borrow data from Unisat, but this situation cannot last long.
Ordi is expected to fluctuate to the price indicated by the dotted line in the chart, with a rebound at 29.5.
Additionally, the primary market for inscriptions is very hot on OKX, surpassing Rune. Moreover, Ordi is likely to be surpassed by inscription π, which is also planning to go public soon, bringing in a large wave of funds.
Those with spare cash can check out the primary market, such as Wawa, the first original Bitcoin meme, which aligns well with the needs of the cryptocurrency market.