TL;DR
ORDI Token Surge: ORDI, linked to Bitcoin’s Ordinals protocol, surged 700% in 30 days, reaching a high of $22.82, but is noted for high volatility.
Ordinals Impact: Enabled NFT-like creations on Bitcoin through the BRC-20 standard, leading to rapid development of digital artwork and meme tokens.
Bitcoin Fees Spike: Interest in Ordinals raised Bitcoin transaction fees to a six-month high of $15.86, benefiting miners with substantial earnings.
The ORDI token has surged roughly 100% in a week and nearly 700% in the last 30 days, according to data from CoinMarketCap.
ORDI is the main ordinal coin from Ordinals, a Bitcoin protocol that assigns unique data to individual satoshis (SATs), the smallest denomination of a BTC. Bitcoin Ordinals gained popularity earlier in the year as Bitcoin entered the NFT space —but waned as market dynamics shifted.
Source: CoinMarketCap
ORDI’s price experienced a notable surge, reaching an all-time high at $22.82 on November 15. Despite a sligh
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