The four major coins in the Bitcoin ecosystem are STX, ORDI, SATS, and RATS.
1. STX
- Positioning: The native token of Stacks, a Layer 2 smart contract platform for Bitcoin, adding programmability to the BTC ecosystem.
- Features: Supports BTC block validation through STX staking, allowing holders to earn BTC rewards. Stacks introduces the smart contract language Clarity and the SVM virtual machine, achieving sBTC pegged to Bitcoin and directly anchoring Bitcoin's security, enabling smart contracts to run on BTC. Developers can also reuse Ethereum toolchains, reducing development costs.
2. ORDI
- Positioning: A representative project of Bitcoin NFT (BRC - 20 token), issued based on the Ordinals protocol, and the first inscribed token on Bitcoin.
- Features: Directly stores NFT and token data using the Bitcoin script layer, creating digital artworks by embedding metadata in Bitcoin UTXO. It has characteristics such as decentralization, anonymity, and scarcity (total supply of 21 million), with low transaction fees, making it a key element in the Bitcoin NFT ecosystem, playing a role as a value identifier and medium in digital asset storage and transactions.
3. SATS
- Positioning: A BRC - 20 token based on the Bitcoin network, a tokenized representation of Bitcoin's smallest unit, “Satoshi,” used for micropayments.
- Features: 1 SATS ≈ 0.00000001 BTC, price pegged to the decimal of BTC. The total supply is 21 trillion SATS, with over 37,430 holding addresses and more than 21,425,690 total transactions. Initially created for entertainment, it later attracted numerous investors and traders, popular in the BRC ecosystem, suitable for low-cost transactions like tips and rewards, lowering the BTC payment threshold.
4. RATS
- Positioning: A meme coin based on Bitcoin, issued through the BRC - 20 protocol.
- Features: Inspired by mice, known as “Mouse Coin,” its community members are called the “Rats Army.” The total supply is 1 trillion coins, some of which have been destroyed or locked, increasing scarcity. It ranks high in trading volume on exchanges like Ratsswap, possessing certain liquidity and attention, with its value partially relying on community enthusiasm and support.