Is BRC-20 Hype Back?

 

#Binance    has announced the listing of $SATS, and this could bring back the BRC-20 token hype.

 

Today, Binance announced the listing of #SATS, causing it to pump over 150% 🔥

As we know, Binance's announcement of listing ORDI resulted in parabolic price actions for #BRC20 tokens, and the same could happen this time.

 

A few days ago, #ORDI and other BRC-20 tokens started going down after a Bitcoin developer stated that Ordinals and BRC-20 could no longer exist on Bitcoin, but a reversal could happen now.

 

Should we buy SATS?

 

It's always better to wait for a dip if a token has pumped so fast.

 

Also, keep an eye on the Top 20 holders of SATS, as they hold around 16% of the total supply 👀

 

Keep in mind that most of these wallets minted SATS for very little, and now they are sitting in millions of dollars of profits💸💸

 

📌 Note: One more thing you can do is look at other BRC-20 tokens that have some hype and are listed on centralized exchanges, as they could pump too if the hype continues.

 

#cryptocurreny #BitcoinETF #BTC #binanacesquare , #dyor $BTC $BNB $ETH