Is ORDI delisted from centralized exchanges?

No

Have builders like #UniSat exited BTC ecosystem development?

No

Has #inscription revealed a fatal security flaw?

No

Is the BTC ecosystem completely devoid of liquidity?

No

Are millions of Chinese users no longer participating?

Also no

So what do many people mean when they say 'ORDI is dead'?

It actually just means:

The price has dropped from its peak
In a bull market, everyone treats the price as a belief
In a bear market, everyone treats the price as truth

When the price is rising:
'ORDI is changing the world'
'The BTC ecosystem is about to surpass everything'

When the price is falling:
'ORDI is dead'
'Inscription is just a scam'
But the market is never black and white

True death is
No one is developing
No one is trading
No one is discussing
No one is using

Yet today ORDI is still trading on major exchanges, still has hundreds of millions in volume, and remains one of the most representative assets in the #Bitcoin ecosystem

So rather than saying ORDI is dead,
It's better to say:

A part of the bull market fantasy has died
While the Bitcoin ecosystem continues to push forward

Time will provide the final answer
It's too early for a 'final verdict' now
The judgments of success or failure will be left for future generations to assess #ARKB是BRC20一道靓丽的风景线美国sec批准的第一个比特币现货ETF,
$BTC

$ETH
$BNB