Ordinal inscriptions are on fire. Users are continuously flooding the Bitcoin network with images, video games, and other content.
There are now more than 5 million inscriptions. Over the past seven days, the total inscription count has more than doubled from 2.5 million.
Ordinals Skyrocket
According to data from Dune Analytics, text-based inscriptions, also known as the BRC-20 token standard, accounted for a vast majority of the Bitcoin ordinal inscription. At the time of writing, its dominance was at 86.52%. Image-based inscriptions, on the other hand, had a relatively smaller footprint of 9.5%
The total market cap of BRC-20 tokens was recorded to be $690 million at the time of writing. Currently, there are a total of 14,200 new tokens hosted on the Bitcoin blockchain. Riding on the hype of PEPE, even a Bitcoin-based version of the meme coin made it to the 3rd rank in terms of market cap. The first two positions were held by Bitcoin-based tokens called “ordi,” and “nals.”
Ord
We współpracy z: https://cryptopotato.com/bitcoin-ordinals-inscription-exceeds-5m-after-doubling-in-a-week-data/
