Keep up with what's happening in the crypto world in real-time.
All Filters (1)
With the recent listing, the flavor of the season Ordinals Protocol Token (ORDI) on Binance, the world's largest cryptocurrency exchange, has led to an impressive 50% surge in its price within just 24 hours. This surge is attributed to the growing interest in Bitcoin inscriptions, reflecting a broader trend in the cryptocurrency space.
The listing of ORDI token on Binance comes with a Seed Tag hinting at elevated levels of risk and volatility compared to other listed tokens.
On Tuesday, the BRC20 token, dubbed ordinals (ORDI), soared over 40% against the U.S. dollar, fueled by news from Binance about its impending inclusion on the exchange's roster of traded currencies. ORDI rocketed from an early 24-hour low of $7 to a peak of $11.53, settling at $10.
The largest cryptocurrency exchange, Binance, announced the listing of the native token of the Bitcoin Ordinals project — ORDI. Users can already fund accounts with coins in preparation for trading.
Binance designates the “seed” project tag to high-risk and potentially volatile tokens, and they issued a cautionary note, advising traders to thoroughly understand ORDI's fundamentals and exercise proper risk management. The Bitcoin Ordinals protocol enables users to encode digital art references into small Bitcoin transactions using the BRC-20 token standard introduced earlier this year.
Binance's 'seed' label launch has propelled ORDI to a price surge not seen since May.
The Ordinals protocol lets users issue tokens, artwork, text, audio and video on the Bitcoin blockchain.
Below is a weekend market news recap on BTC, ETH, PEPE, METIS, ORDI.
The BRC-20 token standard uses Ordinals and Inscriptions to manage token contracts, minting, and transfers. Over 17,000 tokens are deployed on Bitcoin, with a market cap of $600M.
Ordinals token is live on many centralized exchanges. Tokens built on the Ordinals protocol have exceeded a total market value of $900M.
The ORDI token is an innovative addition to the cryptocurrency market, offering users a unique investment opportunity with potentially high returns.
The market cap of BRC-20 tokens has surged in recent days as traders drive up the value of the Bitcoin-based ORDI, MEME, and more.
