BRC-20 Tokens That Are Bitcoin-Based Reach The $1 Billion Mark In Market Capitalization

With the recent upheaval of Ordinals technology in Bitcoin and BRC-20, the crypto market is growing evermore with tokens that were created via Ordinals. The tokens that were created with this protocol reached the $1 billion total capitalization mark on May 9, according to the report made by BRC-20.io site. The most successful asset of this craze is the ORDI memecoin with a value of over $450 million and a 45% dominance compared to other crypto assets. The ORDI token is traded for around $21.40 and has 21 million instances available, just like Bitcoin’s total supply.

BRC-20 Tokens are Rising in Value and they Seem Like they will Continue to Rise Even Further

Some other BRC-20 tokens developed on this rising blockchain are PEPE token with a $35 million capitalization and PIZA token with a market cap of $10 million, in reference to Bitcoin Pizza Day. The total trading volume of the market in the last 24 hours is $200 million with a liquidity point of 0.2 over the total market assessment, which shows a low liquidity percentage.

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