🔎Latest updates on $ORDI

💹 A look at the 24-hour chart shows $ORDI correcting by -4.23%, trading at $4.75. According to CoinMarketCap, this BRC-20 token sees daily volume around $21 million as interest in Bitcoin-based tokens wanes.

🛡️ According to Binance Research, ORDI was one of the first tokens created using the BRC-20 standard on the Bitcoin blockchain. Its value proposition is tied to the novelty and adoption of BRC-20s and the broader Ordinals ecosystem, which is currently in a cool-down phase.

📈 Technical analysis from CryptoSlate shows that ORDI has broken below the critical support level of $5.00. This bearish break indicates strong selling momentum, with the next potential support target not seen until the $4.50 level.

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⚠️ Remember that every investment decision is personal, and this content does not constitute financial advice.
#BearishAlert #BRC-20 #ORDI #Write2Earn