The inscription of the blockchain's native digital cultural product writes the content into satoshi (satoshi), the smallest unit of Bitcoin, through the Ordinals protocol, and can be viewed using the ordinals explorer. The Ordinals protocol numbers satoshis, assigning each satoshi a serial number and tracking it in transactions. Users can attach additional data and conduct transactions through Ordinals, called "records". Ordinals are recorded directly on a single satoshi and are included in blocks of the Bitcoin blockchain, without the need for sidechains or separate tokens. Ordinals allow users to attach additional data to make individual Satoshis unique NFTs. According to Dune data, the total number of Bitcoin inscriptions has reached 35 million, and the total cost incurred is 2119.8 BTC.

On the other hand, the Meme currency PEPE broke the news of investment profits in April this year, triggering a market craze. However, PEPE entered plummeting mode after being listed on Binance in early May, with gains falling to 1082.06%. The news that the PEPE team broke the market and ran away in August made it even more devastated. The new Pepe token is essentially meaningless and valueless, and investors should treat it rationally.