$ORDI 🔥
ORDI coin, also known as Ordinals, was launched in January 2023 as the first BRC-20 token on the Bitcoin network. It utilizes the Ordinals protocol, which allows users to inscribe data like text, images, and videos onto individual satoshis, creating unique digital assets.
*Key Features of ORDI Coin:*
- *BRC-20 Token Standard*: ORDI follows the BRC-20 token standard, enabling the creation of fungible and transferable tokens on the Bitcoin blockchain.
- *Ordinals Protocol*: The protocol enables users to create and trade digital assets, including NFTs, on the Bitcoin network.
- *Decentralized Marketplace*: ORDI coin facilitates transactions in a decentralized, transparent, and secure manner.
*Launch and Growth:*
- *Launch Date*: January 2023
- *Market Capitalization*: Over $194.74 million (as of recent data)
- *Price*: Currently trading at $9.3, with a 24-hour trading volume of $734,926
*Use Cases and Applications:*
- *Digital Art and Collectibles*: ORDI coin enables artists and creators to mint unique digital assets.
- *NFTs*: Ordinals protocol supports the creation and trading of Bitcoin-based NFTs.
- *Decentralized Applications*: ORDI coin has potential use cases in various decentralized applications ¹.