What is an inscription?
Inscriptions are unique digital artifacts that have push-button advantages compared to Ethereum NFTs. First of all, inscriptions are non-tamperable, thus becoming the reliable storage essence of digital assets and ensuring the long-term existence of content. Their rarity also adds to their appeal, as each inscription is practiced, which gives them special collectible value.
In addition, inscriptions perform well in terms of security, and the application setting content of blockchain technology hinders the risk of modification and piracy. Inscription also opens up new market segments, supporting Elephant content, from digital artworks to virtual lands and other digital creations, providing more opportunities for creators.
In addition, Inscription is characterized by its remarkable affordability, one of their transaction costs compared to other blockchain NFTs, allowing more people to participate. Inscriptions also provide higher liquidity, making it easier for holders to buy, sell and trade in the market.
In summary, inscriptions are digital artifacts with unique properties that combine inescapability, long-term existence, scarcity, and security, while providing broader opportunities for digital content creators and collectors and providing more Economic opportunities Affordable and highly liquid trading environment.
Recently, Brc20 is coming. When Ancoin listed Ordi, the price of ORDI soared by more than 50% in a short period of time, which led to a general rise in the BRC-20 series of tokens. The price of ORDI even exceeded $14 at one time, allowing a large number of BRC-20 token holders to quickly double their assets, triggering a wave of FOMO sentiment about the BRC-20 concept. This sparked a craze.
At the same time, the UniSat Wallet also announced a plan for national BRC-20 Swap, which will support 14 inscription assets, including sats, ordi, trac, oshi, btcs, oxbt, texo, cncl, meme, honk, zbit, vmpx, pepe and mxrc. This news has brought more attention and expectations to the BRC-20 market.
What is Ordi?
Ordi is the first and currently most valuable BRC-20 token on BTC, created by @domodata, the founder of the BRC-20 token standard. Although it currently has a standard experimental fungible token and the token itself has no substantial value, ORDI has been widely sought after in the market, reaching a peak of $28 in early May.
The most attractive features of ORDI mainly have two aspects: first, it is built directly on the Bitcoin blockchain, which makes it non-tamperable, and there is no project party involved. As long as the Bitcoin network exists, ORDI will also exist; secondly, , ORDI had full circulation status when it was first launched, and there was no pressure to unlock it later. This is different from projects on the Ethereum blockchain, so it is regarded as a highlight by many people.
What are sats?
Sats is the ninth inscription token on the BRC-20 protocol. Its full name is Satoshi, which is the smallest unit of Bitcoin. It is usually referred to as Satoshi, or bits are called Satoshi. 1 BTC is equivalent to 100 million satoshis, and the total supply is 2100 trillion, which is equivalent to 21 million BTCs. Amazingly, the market popularity on Saturday even exceeded that of the veteran ORDI.
This coin may become the next coin to have a meme race, just like Shibi or Doge. It is cheap and has a large number of currency holding addresses, so it is very likely to be the next currency to cause madness. The currency trading boom. I think this craze will probably continue into December.
Here are some thoughts on SATS:
The number of SATS currency-holding addresses has increased to 37,888, making it the project with the largest number of currency-holding users in the Ordinals ecosystem. This is crucial for it to have a strong community base and wide recognition. This broad community support provides SATS with a solid foundation.
In the BRC-20 token market, the market value of SATS currently reaches approximately $150 million. It has reached the current level of DOGE's market capitalization reaching US$10 billion and SHIB's market capitalization reaching US$5 billion, and SATS's market capitalization currently reaching approximately US$150 million. And the market value of SATS currently reaches approximately US$150 million. The current crypto market has not yet entered a full-blown bull market, which means SATS has huge growth potential.
As the largest wallet platform in the BRC-20 ecosystem, UniSat not only supports Gas fees on SATSL2, but also hopes to include it as the basic trading token of brc20swap. This support not only comes from the more than 36,000 active users brought by SATS, but also makes UniSat a top trading platform.
There are many opportunities lurking in BRC20 because of its fair launch opportunities, which do not involve internal trading or pre-mining and rely on individual operating speed and capabilities. If someone is able to actively mint tokens in the initial stages, with just a little effort and relatively low cost, there may be huge rewards once the project succeeds.
However, the number of BRC20 tokens currently listed on Unisat that have been minted or are being minted has reached 43,716, most of which may have gone to zero or have no one to mint. This shows that the market is gradually recovering, it is still a bear market, there is insufficient liquidity, and the growth of new users is slow.
The focus on BRC20 still has potential opportunities, but it is necessary to find the appropriate ambush point in the highly competitive market, only in this way can huge potential returns be realized.
