Original - Odaily
Author - Nan Zhi
This afternoon,Binance announces the listing of BRC-20 token ORDI; In the next two hours, the price of ORDI soared above 12 USDT, with a 24-hour increase of approximately 60%. The prices of other popular currencies in the Bitcoin ecosystem, including sats and rats, have also begun to rise sharply, with an increase of more than 10%, attracting widespread attention from the crypto community.
Based on OKX Ordinals market data, Odaily organizes the concepts and data of the top ten BRC-20 tokens in the 7-day trading volume as follows.(Odaily Note: The following number of tickets is the minimum number. In actuality, there may be cases where the number of mint tokens in a single ticket is not the upper limit, resulting in an increase in the actual total number)
sats
Story and concept: Ultra-high total amount, minted in 6 months (3/9 ~ 9/24); concept of the smallest unit of BTC with the same name; will be used as the gas and trading pair of L2 brc20-swap launched by Unisat;
Total amount: 2,100,000,000,000,000 pieces;21,000,000 sheets, 100,000,000 pieces each;
Price: 0.00039 sats (approx. 0.0000001521 USD);
Market cap: $319,410,000;
rats
Story and concept: Zoo concept leader; ultra-high total volume, the main share took several days to be minted (deployed on 3/11); sats replacement concept; CZ tweeted emoji concept;
Total amount: 1,000,000,000,000 pieces in total; 1,000,000 sheets,1,000,000 pieces each;
Price: 0.037 sats (approx. 0.00001443 USD);
Market cap: $14,430,000;
BTCs
Story and concept: decentralization concept; Bitcoin inscription (relative to Ether inscription ETHs);
Total amount: 21,000,000 pieces; 21,000 pieces, 1,000 pieces each;
Price: 1559 sats (approximately $0.60801);
Market cap: $12,768,210;
cats
Story and concept: zoo concept; high volume;
Total amount: 2,100,000,000 pieces; 210,000 pieces, 10,000 pieces each;
Price: 1.72 sats (approx. $0.0006708);
Market cap: $1,408,680;
GROK
Story and Concept: Musk Concept;
Total amount: 21,000,042 pieces; approximately 49,881 pieces, 421 pieces each;
Price: 179 sats (approximately $0.06981);
Market cap: $1,466,013;
SHIB
Story and Concept: SHIB concept of the same name;
Total amount: 100,000,000,000,000 pieces; 100,000 pieces, each piece contains 1, 000, 000, 000 pieces;
Price: 0.00017 sats (approx. 0.0000000663 USD);
Market cap: $6,630,000;
FRAM
Story and concept: Pure Meme, ranked first on OKX in July-August;
Total amount: 8,000,000,000; 1 piece, 8,000,000,000 pieces each (that is, the project party engraves all tokens at once and then distributes them);
Price: 92.91 sats (approx. $0.0362349);
Market value: $289,879,200 (highly controlled);
IBTC
Story and concept: The concept of the BTC spot ETF applied by BlackRock has the same name;
Total amount: 21,000,000 pieces; 210,000 pieces, 100 pieces each;
Price: 249 sats (approximately $0.09711);
Market cap: $2,039,310;
foxs
Story and Concept: Zoo Concept;
Total amount: 100,000,000 pieces; 100,000 pieces, 1,000 pieces each;
Price: 14.97 sats (approx. $0.0058383);
Market cap: $583,830;
lion
Story and Concept: Zoo Concept;
Total amount: 100,000,000 pieces; 100,000 pieces, 1,000 pieces each;
Price: 8.48 sats (approx. $0.0033072);
Market cap: $330,720;
In summary, it can be seen that the BRC-20 market currently has several characteristics:
Basically they are Meme coins, temporarily invalid;
Market capitalization is small, there are only 4 tokens with a market value exceeding US$10 million, and among them, FRAM is a highly controlled currency;
The heat is very concentrated, the ninth and tenth ranked foxes and lions have a market value of only a few hundred thousand US dollars, and their 7-day turnover is about 200,000 US dollars; while the 7-day turnover of sats is US$12.6 million, rats is US$2.94 million, and BTCs is US$1.73 million. , the fourth-place Cats dropped sharply to $500,000.
The BRC-20 market size is still small, and due to the high volatility of the mechanism based on pending order transactions, once it loses popularity, liquidity will also drop sharply. Users are advised to pay attention to the related risks.
