Bitcoin’s BRC20 Total Marketcap Reaches $735m #shorts

Date: 2023-05-10T20:40:50Z Creator: Bitfolio Academy

The Bitcoin network is abuzz with revolutionary BRC20 meme coins! Created by the mysterious Domo in March, these coins have been steadily increasing in value, rocketing up an incredible 600% per week. In just two short weeks, ORDI has surged to a whopping ten times its original value, reaching $25! PEPE and MEME have also seen explosive growth, reaching $0.60 and $190 respectively.

Currently, BRC20 meme coin transactions constitute half of all of the bitcoin transactions on the bitcoin network. On May 3rd, the total marketcap of BRC20 coins was $120m. Just a week later, the total marketcap is $735m.

While these meme coins are thrilling and potentially lucrative, they are also highly volatile and experimental.

Let me know in the comments. 🤔

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Disclaimer: I am not a registered investment advisor. All data is provided for information purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions.

#pepe #ordi #meme #bitcoin #ordinals #brc20

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