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Since the launch of Ordi token on May 15 this year, Brc20 has quickly set off a wave of Brc20 token craze, and Meme and PEPE have also attracted strong attention from market investors. In this article, I will sort out the types of Brc20 tokens and their evaluation of their future development potential.

1. Ordi: The first meme token on the BTC chain

Ordi is the first token contract of Brc20 and the first meme token on the BTC chain. It is unique in hype and has no comparable ERC20 token.

The highest market value at the opening was 336M, and the current market value has continued to drop by nearly half. To 157M. It has shrunk by nearly half. But it cannot change its status and influence in Brc20!

However, Ordi actually has many shortcomings, such as the way it is issued, the way it exists, the way it is transferred, etc. However, these shortcomings have become advantages with the support of BTC. Once Ordi improves these shortcomings in the future, its future development will be immeasurable.

2. Nals: A token named after the last four letters of the ordinarys protocol

If we compare Nals with Ordi, the comparability is too different. The highest opening price was 0.98u. The current price is 0.0491. It is basically cut in half! The current circulating market value is 6.8 million.

The official introduction of this token is also very brief: NALS is a BRC-20 token based on the Bitcoin blockchain. There is no team information or development history.

3. PEPE: Created to pay tribute to "Pepe The Frog"

PEPE’s development roadmap highlights three important development phases. First, the first phase includes: listing PEPE on CoinMarketCap and making $PEPE a hot word on Twitter; second, the second phase includes: listing PEPE on major centralized exchanges (CEX); and finally, the third phase includes: listing on various first-class exchanges and launching what the team calls the “Meme Era” plan.

PEPE is an ERC-20 token on the Ethereum blockchain, secured by the Proof of Stake (PoS) consensus algorithm. Decentralized validators are required to stake 32 ETH to process transactions and protect the network.

Judging from the above data, no matter whether PEPE is a hot coin or some other coin, its seeds have been planted in the minds of traders in the trading market, waiting for the day when it will break through the soil and sprout.

4. Piza: A story about buying a pizza with 10,000 bitcoins

The highest price of Piza token is 0.64u. The current price is 0.004903, which is about the same as Nals. The token price has been cut in half. The current market value is 1.03M. Compared with Ordi and PEPE, it is several hundred times lower.

The official introduction to Piza is also very interesting:

Piza is a memecoin with no intrinsic value or expected financial return and is created purely for entertainment purposes. There is no official team or roadmap associated with the token. It is completely useless and is created for entertainment purposes only. Just for fun. #brc20 #pepe

This article discusses and lists 4 Brc20 tokens. Only PEPE and Ordi are developing relatively well, while the prices of other tokens have fallen terribly. This also reflects that if you want to really develop, the token must have a substantial role.

Although some Brc20 tokens have been cut in half, the development potential of Brc20 will not end. In the future, I will continue to be optimistic about the development space of tokens on the Brc20 chain.