Since its popularization in 2023, the Ordinals Inscriptions and the BRC-20 token standard divided the Bitcoin (BTC) community. A growing adoption is now redefining the meaning of DeFi on Bitcoin, creating a brand new ecosystem of fungible and non-fungible tokens (NFTs) to speculate on.
Notably, Ordi (ORDI) is now the first Bitcoin-based fungible token to enter the top 100 cryptocurrencies by market capitalization. Its rise happened in a controversial environment, with critics pointing to the lack of a real value proposition for the fully speculative digital asset.
Moreover, the increased demand for ORDI and other BRC-20 tokens was also blamed as the cause for Bitcoin fees to skyrocket in the last weeks.
This feature gathered the attention of leading services in the cryptocurrency industry, such as the crypto exchange Binance. The largest trading platform listed ORDI early this month as its first Bitcoin-based token available for trade.
ORDI price analysis
In the meantime, ORDI is tra
We współpracy z: https://finbold.com/top-100s-first-bitcoin-based-token-is-up-420-in-a-month/
