The ORDI meme token reached a market capitalization of over $1.2 billion, becoming the first BRC-20 crypto asset to achieve such an achievement.
The ORDI price is approaching $60. The token ranks 57th in the CoinGecko ranking.
After listing on Binance, the token increased in price by more than 700%.
In early November, representatives of the largest exchange warned that the token was “relatively new and poses a higher than usual risk.” The coin will be assigned a so-called Seed Tag, indicating significant volatility of the financial product.
Earlier, the Binance mining pool announced the launch of Ordinals Inscription Service. The solution makes it easier for users to create Bitcoin NFTs.
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