#ORDI
What is the reason why Ordi is Dumping???
ORDI's recent dumping can be attributed to several factors. One major reason is the uncertainty surrounding Bitcoin Ordinals and BRC-20 tokens. Core Bitcoin developer Luke Dashjr stated that Ordinals protocol and BRC-20 tokens will cease to exist in the next year, as they're exploiting a vulnerability in the Bitcoin core.¹
Additionally, the market's reaction to ORDI's listing on Binance has been mixed. Initially, the listing led to a significant price surge, but the token's value has since dropped.
Some predictions suggest that ORDI's price might drop to around $10 to 11$ due to an anticipated dump.² However, it's essential to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly.
To stay up-to-date with the latest developments and price movements, I recommend checking out reliable sources like CoinGape and Binance.³
