Binance has corrected the description and links included in its ORDI listing announcement. The development came after Bitcoin ordinal members noted the crypto exchange wrongly described the token as an ordinal. ORDI continues to see an upward tick in its price, with trade volume hitting 783% in the last 24 hours.Cryptocurrency exchange platform Binance has corrected the description and links included in its ORDI token listing announcement. The adjustment came on the back of several callouts over “misleading statements” in the previous announcement.
Popular blockchain journalist Wu Blockchain noted the development in a post on Wednesday. According to Wu, Binance has changed its ORDI description to indicate that it is the first BRC-20 fungible token on the Bitcoin blockchain. Wu added that “BRC-20 is a part of the Ordinals protocol, and ORDI is just a memecoin in BRC20.”
The introduction of the Binance announcement has been changed to "ORDI is the first token created in accordance with the BRC-20 fungible token standard on the Bitcoin blockchain", and the content associated with the Ordinals protocol has been cleared #crypto2023 #BNBecosystem #BinanceBlockchainWeek #jambuManis