A week ago, when the price of $Ordi fell below 10, I said that although I think the meme coin trend led by $Pepe is coming to an end, there is still room for it to continue to rebound and rise, and this trend is not over yet. 👇

Last night we continued to discuss #BRC20. Since $Pepe and $Ordi came out, the two months of#MemeFiSummer seem to have been a baptism for the cryptocurrency world~

Some friends who used to focus on value coin investment are also changing their beliefs and adjusting their positions. After all, a man who knows the times is a hero, and there is no need to go against the trend or money.

Since BRC20 began to break out of the circle in mid-to-late April, in the past month, the attention of many people who speculate in cryptocurrencies and play NFTs has gradually been attracted to BRC20 and Ordinals NFT.

As the popularity of BRC20 continues to rise, some technical teams are also quickly entering the market to try to expand the ecology and applications of BRC20. Although the technical bottleneck is difficult to break through and more stories are still being told, with the accumulation of time, many of the current technical problems will actually have more solutions.

Moreover, #OKX’s deep involvement in BRC20 may make them one of the important drivers of $Ordi’s further rise. OKX chose to enter the market after Gate has been able to withdraw coins, and it is expected that other CEXs may continue to list coins within a week.

This way, multiple CEXs compete with each other to disperse their chips, which is beneficial to the increase in the price of $Ordi.

As I said before, I remain optimistic about the trend of the broader market in the short term. There is a possibility of a rebound in June, and in this rebound, $Ordi is likely to rebound even more, or even set a new high.

In short, I continue to be optimistic about the popularity of BRC20 and Ordinals in the short term, and will continue to hold $Ordi and $VMPX.

As for the new issuances every day, including new BRC20 Tokens and Ordinals NFTs, 90% will be garbage, 10% will form a short-term speculative consensus drive, but perhaps only 1% will survive.

Therefore, learning how to identify valuable projects will become increasingly important! #brc20 #brc-20 #BTC