ORC20 is a second token protocol based on the Ordinals protocol released at the end of April last year. Its original intention is to expand the application fields of BRC20 tokens. The first token, $ORC, was deployed on Inscription #2504160, with a total supply of 21 million. Currently, $ORC is trading between 0.25 and 0.3, with a market capitalization of approximately 6 million.

Amid the excitement surrounding the Inscription market in May, $ORC became the second Inscription token to have an off-market community. However, $ORC hit a real high in June, thanks to a push from Binance Labs, Trust Wallet, OKEx boss @star_okx, and more. These heavyweights successively posted articles supporting $ORC, attracting a large influx of developers and causing the currency price to soar to 0.35.

However, the market then hit a trough and all Inscription tokens almost lost their liquidity. Fortunately, with the joint efforts of everyone and the ORC community, the development team @orc20protocol has restarted updating the ORC20 protocol to meet more application scenarios.

Special thanks to the following supporters:

@Btcwhale_AG

@BiliSquare

@btc520s

@0xAwood

@bitfool1

@heipi7444

@CKN_BIT

@ordinalsda

@GGstarlord

@Ordinal_AllDay

@comsats_io

@xrcview

@Brc20Lab

@StevenKweb3

There are many builders who have contributed silently but not listed one by one! Thank you for your contribution!

I hope the new friends will have some understanding of ORC20. The development of ORC20 is worth looking forward to, and I believe it will show great potential in more application scenarios.

After a long wait, the new ORC-20 protocol is about to be revealed to the public. Upcoming updates and migrations to older versions of the ORC-20 protocol to consolidate key features created in April 2023

20scan now integrates with OKX wallet, allowing seamless sending and receiving of all#ORC20tokens. @ordinalsda#Ordinalshttps://wallet.20scan.com _