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Ordi

All articles tagged with #ordi

cryptocurrency1 year ago•2 min saved

Bitcoin Surges Past $70K Amid Meme Coin Rally and ETF Launches

Bitcoin's price surged to $71,000, its highest in two weeks, driven by rising interest in Bitcoin-based fungible tokens like ORDI and DOG. ORDI saw a 16% increase, reaching its highest price since April, while DOG, a new token on the Runes protocol, doubled in price over the last week. Other BRC-20 tokens like PUPS and WZRD also saw significant gains, contrasting with declines in other major dog-themed meme coins like Dogecoin and Shiba Inu.

via Decrypt|

#bitcoin #cryptocurrency #cryptocurrency-market

cryptocurrency2 years ago•2 min saved

Bitcoin's BRC-20 Tokens Drive Market Cap and Network Congestion.

The market cap of tokens built on top of Bitcoin's blockchain has approached $1 billion as ORDI, the first such token, was listed on major exchanges. BRC-20 tokens, an experimental framework for building fungible tokens on Bitcoin using Ordinals, have surged in value and number of tokens in circulation over the last few days. Ordi, which has a market cap of around $400 million, was listed for trading on Crypto.com and Gate.io, suggesting the experimental token is gaining mainstream adoption on cryptocurrency exchanges. The popularity of BRC-20 tokens is having a noticeable impact on Bitcoin transactions, overall.

via Decrypt|

#bitcoin #brc-20 #cryptocurrency