Reasons for ORDI's bullish rise

1. The popularity of the BRC-20 inscription section continues to rise. Since the representative token ORDI was launched on the BRC-20 inscription section on November 7, it has attracted great attention from the market. The support of Binance, the world's largest cryptocurrency trading platform, has further boosted the craze for BRC-20 tokens, causing multiple BRC-20 tokens such as SAT, RATS, and TURT to experience several times or even hundreds of times of increase, becoming the focus of current market attention.

2. The value of ORDI itself. As the native token of the Ordinals protocol, ORDI allows users to inscribe various digital assets on the Bitcoin blockchain, including images, videos, audio, text, etc. This brings new possibilities to the Bitcoin ecosystem and also gives ORDI unique value.

3. Driven by market sentiment. Against the backdrop of the overall cryptocurrency market, investors' enthusiasm for emerging tokens such as ORDI has continued to heat up, further driving the rise in ORDI prices.

In addition, the short-term rise in tokens such as AVAX, PEPE, CREAM, MASK, and SUI is also relatively strong. #btc