The recent popularity of BRC20 tokens is mainly due to four reasons: 1. The crypto market brought about by the surge in Bitcoin; 2. Musk’s indirect order call. Musk said on November 1 that “NFT is not even on the blockchain. It’s just a URL pointing to a JPEG, and at least the JPEG should be encoded in the blockchain.” People in the Ordinals industry generally believe that Musk has expressed the value of Ordinals. 3. The leading exchange has listed BRC20 tokens; 4. Web3 wallets have gradually begun to support the Ordinals market. #etf #ETH #BTC #sol #BinanceBlockchainWeek $BTC$ETH$BNB
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.