Bitget Research Institute Chief Analyst Ryan Lee: The BRC20 sector is experiencing a resurgence; which popular assets are worth paying attention to?
Sort out the top 3 assets of highest attention in the BRC-20 ecosystem.Author: Ryan Lee, Bitget
Recently, the BRC20 ecosystem has been very popular, not only due to its wealth effect but also because the entire BRC20 ecosystem is continuously improving, with more and more leading exchanges providing support. For example: Binance has listed ORDI, Bitget has listed SATS, and UniSat Wallet has launched BRC-20 Swap, etc. Today, let's summarize the three most关注的 assets in the current BRC-20 ecosystem:
"ORDI"
The genesis token of BRC-20, ORDI, is undoubtedly the most well-known, highest trading volume, and best liquidity asset in this ecosystem. Every significant development and positive news in the BRC-20 ecosystem tends to drive up the price of ORDI. With Binance listing ORDI, its total trading volume across the network has even exceeded 600 million USD in a single day. In addition to the huge trading volume on CEXs, ORDI has also accumulated over 13k holding addresses on the BTC network.
"SATS"
1) In terms of imagery, "SATS" represents the smallest unit of Bitcoin, "Satoshi," making it easy to spread and connect with various developments and positive news in the Bitcoin ecosystem.
2) In terms of funding consensus, the biggest feature of SATS is its "total supply of 21 trillion, with a maximum minting amount of 100 million each time." This means that it requires 21 million mints to achieve 100% mint out. Roughly estimating based on the general gas levels on the BTC chain, achieving 100% mint out would require at least 10 to 20 million USD. Such a high cost led people to initially doubt that SATS could be minted out, but after 6 months, SATS was indeed 100% minted out. This demonstrates its strong funding consensus. Currently, the number of addresses holding SATS has exceeded 39k.
3) In terms of asset empowerment, SATS is favored by Unisat, which will use SATS as the transaction fee for its new product BRC-20 Swap. This gives the BRC-20 token, which originally only had meme attributes, practical attributes, and also provides SATS with a deflationary consumption scenario, undoubtedly making users more optimistic about it. This direct empowerment within the BRC20 ecosystem is much more straightforward and effective than the BRC-20 token "VMPX" by XEN founder Jack, which seeks empowerment opportunities across chains to the Ethereum network.
"RATS"
"RATS" has spread widely on social media because those who missed out on "SATS" are looking for the next potential asset. This logic is similar to those who missed the wealth effect of PEPE, leading to the explosive rise of PEPE 2.0.
Generally, the market tends to "hype new over old," so the BRC20 sector is currently in a stage of market speculation driven by user curiosity. Therefore, while these three assets in BRC20 are very hot, the accompanying risks are also quite high. We need to assess our risk tolerance and operate cautiously when investing.
