Based on data from @bcrypt5, on March 9 the number of bitcoin Inscriptions minted exceeded 31 thousand, of which Ordinals minted in the text version dominated by 40%, with the number reaching nearly 27 thousand . More than 4.3 BTC in fees were paid for minting ordinal inscriptions.
Additionally, it is worth noting that there were 1,036 ordinals over a total of 780029 block-heights recently, setting a new record.
🔎 The reason for this is because yesterday the "fungible tokens" protocol on Bitcoin was created. A pseudo-chain data enthusiast named Domo launched and deployed BRC-20. Domo calls BRC-20 an abbreviation for "Bitcoin Request for Comment". According to data from Dune, the majority of ordinal inscriptions created since the release of BRC-20 are almost text. After Domo's ORDI token launched, meme tokens such as DOGE, PEPE, and even MEME were continuously deployed by users through BRC-20 as Ordinals.
