BRC-20 Tokens Show Significant Traction in the Market
Summary:
BRC-20 tokens, including ORDI, SATS, and MUBI, have gained significant traction in the market. Bitget’s recent listing announcement has contributed to the surge in value for these tokens, resulting in remarkable gains for token holders over the past week.
Introduction:
BRC-20 tokens, such as ORDI, SATS, and MUBI, are experiencing significant growth in the market. Bitget’s recent listing announcement has played a role in their upward trajectory, leading to substantial gains for token holders.
Main Points:
Ordinals (ORDI): The ORDI token, connected with Bitcoin, has seen remarkable growth, increasing by over 500% in just one month. It is the first BRC-20 token developed through the Ordinals Protocol and has gained attention due to its exposure to a broad investor base. ORDI’s value has surged by over 1,000% since its listing, with a current trading volume surpassing $421 million.
MultiBit (MUBI): MUBI is a dual-sided bridge token that facilitates cross-network transfers between BRC20 and ERC20 tokens, enhancing liquidity and cross-chain interoperability. Since its listing on Bitget, MUBI has experienced a significant increase, with a 24-hour trading volume of $72 million. Traders can participate in a promotion to earn additional rewards by depositing MUBI tokens.
Ordinals (SATS): SATS is a well-known BRC-20 token connected with Satoshi, the smallest unit of Bitcoin. It has experienced significant price increases, reaching an all-time high of $0.00000064. SATS currently has a trading volume of $273 million and is projected to continue growing.
The role of BITGET’s Innovation Zone: Bitget’s Innovation Zone offers a secure environment for trading new and innovative tokens. It provides a convenient way for users to trade these tokens directly from their Bitget account, protecting less-experienced users from potential risks.
Conclusion:
BRC-20 tokens, such as ORDI, SATS, and MUBI, have gained significant traction in the market. Bitget’s Innovation Zone has played a crucial role in facilitating the trading of these tokens and ensuring the security of users’ transactions. As the demand for BRC-20 tokens and Bitget’s native token, BGB, continues to rise, the market performance of these tokens is expected to remain strong.