Memecoin is considered closely connected to Internet culture, and crypto is no exception, from Dogecoin and Shiba Inu (SHIB) to the latest craze around PEPE, which is gaining strong acceptance.
Until now, the craze of PEPE coin is also spreading to other protocols and Bitcoin also seems to be in the sights. But it's not what you might think.
Ordinals Wallet is a popular wallet that supports Ordinals - known as NFTs on Bitcoin. Although called an NFT, Ordinals differs from other non-fungible tokens in that most other NFTs are on Ethereum.
The team behind the PEPE project made a splash after deciding to airdrop ordinals of Pixel Pepe to users who made transactions on their wallet or marketplace before block 777888.
This is necessary during the first week of creating the Ordinals Wallet.
What is surprising is that PEPE's lowest floor price, at the time of writing, is around 0.4 BTC – close to a whopping $12,000.
Pixel Pepes is here! @ordinalswallet has confirmed that they have airdropped#PixelPepesto users who made transactions on their wallet/marketplace before block 777888.
-> The total supply of Pixel Pepes is 1563, and their current floor price is 0.319999 $BTC pic.twitter.com/0iqNHUxRnc
— CryptoPotato Official (@Crypto_Potato) May 10, 2023
Meanwhile, PEPE's price has lost a large portion of its recent acquisition value, and its market capitalization dropped to $800 million after peaking at nearly $2 billion a few days ago.
The article $12k USD PEPE Airdrop: Memecoin Fever is Moving to Bitcoin Ordinals was first published on CryptoPotato.