Besides ORDI, where are the leading players in the Bitcoin sector trading?
Author: Joyce, BlockBeats
As the price of Ordi breaks through $54, its wealth effect with a 20,000-fold increase over 9 months has made the Bitcoin ecosystem a hot investment track for investors. However, many protocols in the Bitcoin space are still in their early development stages, and many assets cannot yet be purchased through mainstream exchanges. BlockBeats has compiled other popular assets in the inscription ecosystem besides Ordi and their purchasing methods.
Some purchasing channels require downloading the corresponding Bitcoin wallet. BlockBeats introduced the registration and usage of mainstream Bitcoin wallets in the article “Six Bitcoin Wallets Beginner Interactive Tutorials, Don’t Miss the Next Wealth Code”.
$Nostr
$Nostr is a token deployed by NostrAssets on December 3, with a total issuance of 21 million, and a fair mint is about to take place. NostrAssets is an open-source decentralized protocol aimed at seamlessly integrating Taproot Assets and Bitcoin into the Nostr ecosystem.
Focus:
NostrAssets previously airdropped TREAT and TRICK tokens to early users, both of which have doubled in value. $Nostr was voted as the first round fair mint token by the NostrAssets community on November 28. Although the Nostrassets team claims that the Nostr token has no relation to the development team, community sentiment remains strong, and within the community, $Nostr is promoted as "the platform token of NostrAssets."
Purchasing Method:
To trade on NostrAssets, it is necessary to ensure that the account in the Nostrasset protocol has funds, so you first need to deposit funds into Nostr. On December 5, NostrAssets suspended deposit operations due to reaching maximum capacity, which has now been restored.
Depositing via Ably Wallet: If using Ably Wallet, first deposit funds into Alby Wallet, then go to the Nostr official website and click "Receive Assets" to enter the deposit page, with a minimum deposit of 10,000 sats, which is 0.0001 BTC.
Then click "Create Invoice" and copy the generated receiving address. Paste it into the "Send" page of Alby Wallet, fill in the Invoice number, and BTC can be deposited into Nostr Assets for trading. Refresh Nostr Assets to see the balance.
Depositing via OKX Wallet: On December 4, OKX Wallet announced full support for the Nostr Assets protocol. Users can search and access the Nostr Assets protocol through the Discover section of the OKX Web3 wallet, deposit and withdraw assets, and trade protocol assets in the Nostr Assets Marketplace.
BlockBeats introduces the interactive steps on the OKX mobile app. Enter the OKX Web3 wallet interface, click on "Discover" in the lower right corner, enter "nostr," select Nostr Assets from the DApp section, and you will be redirected to the Nostr Assets mobile interface. Connect the wallet and select the network as Nostr. If you see an address starting with npub on the Nostr mainnet, it indicates a successful connection.
When depositing on Nostr Asset, after clicking "Create Invoice," two pop-ups will appear. Click confirm, enter the wallet password to obtain the receiving address. Then use OKX's on-chain deposit and withdrawal function to transfer BTC assets to Nostr Asset.
After completing the deposit, you can wait for the fair mint of $Nostr, with no confirmed time information yet. BlockBeats will continue to monitor this.
$ATOM
ATOM is an ARC20 token minted through the Atomicals protocol. Its current market capitalization is estimated to exceed $60 million. Atomicals is based on BTC's UTXO for minting and distribution, placing no additional burden on the BTC network, aligning more closely with Bitcoin technology, and gaining support from some Bitcoin maximalists.
Focus:
ATOM is the first token in the ARC20 ecosystem, comparable to BRC20's ORDI. The value of ATOM lies in the development potential of Atomicals. Compared to the Ordinal protocol, ARC20 and $ATOM are still very early and need to wait for the improvement of wallets and markets. However, due to its technical design and mining settings being more aligned with Bitcoin, it has higher technical orthodoxy in the community.
Purchasing Method:
Due to the characteristics of ARC20, the tokens purchased may be treated as ordinary sats and consumed as transaction fees. Therefore, a separate wallet is needed to receive assets related to the Atomicals protocol.
Download the ATOM Wallet plugin from the Atom official website, open it, select "Create new wallet," enter a password to register, remember and back up the 12-word mnemonic, choose the address as m/86/0/0/0/0, and click "Continue" to create successfully.
BSSB, AlEX, and Other BTC Protocol Tokens
BSSB
BitStable (BSSB) is a decentralized asset protocol based on the Bitcoin network, allowing users to generate DAII stablecoins backed by collateral assets in the Bitcoin ecosystem. BitStable features a dual-token system and cross-chain compatibility structure, with its tokens being DAII and BSSB. BSSB is the governance token of the platform, used by the community to maintain the system and manage DAII. BitStable also incentivizes BSSB holders through dividends and other measures. Since the IDO on November 29, BSSB's price has achieved a 700% increase.
Focus:
Due to the previous IDO of the BTC protocol Multibit token MUBI on Bounce Finance, which saw an opening increase of 1140% and continued to rise in the following days, the community initially had the same expectations for BSSB as it did for MUBI. Additionally, since BitStable's concept is to generate DAII stablecoins within the Bitcoin ecosystem, the community views BitStable as the MakerDAO of the BTC ecosystem.
Purchasing Method:
If you missed the early IDO on Bounce Finance, you can trade BSSB on Uniswap, with the contract address being "0xda31D0d1Bc934fC34F7189E38A413ca0A5e8b44F". Besides purchasing through trading pairs, users holding $MUBI tokens can currently stake $MUBI on MultiBit's staking system to earn BSSB.
ALEX
ALEX Labs is a Bitcoin ecosystem DeFi platform based on the Stacks network, established with a focus on Bitcoin finance. Its vision is to eliminate barriers between Bitcoin L1 and L2, creating a seamless Bitcoin DeFi experience. Its token ALEX has a total supply of 1 billion, with a recent increase of 179%.
Price fluctuations of ALEX in the last 14 days
Focus:
ALEX Labs is one of the earlier DeFi protocols developed in the Bitcoin ecosystem and is the leading protocol on the Bitcoin Layer 2 network Stacks. It announced the completion of a $5.8 million funding round at the end of 2021, and on November 24, ALEX announced that its cross-chain component ALEX Bridge would transform into a unique entity called "XLink." XLink is positioned to "become the infrastructure connecting Bitcoin and its derivatives (such as BRC20), integrating Bitcoin Oracles supported by ALEX to achieve seamless and secure bridging between Bitcoin and Bitcoin L1 assets."
Purchasing Method:
You can trade directly on the ALEX exchange, which offers trading pairs such as ALEX/SUSDT and ALEX/STX.
TOOTHY (NFT)
TOOTHY | ATOM (Little Crocodile) is one of the first inscription NFT projects to dmint after the Dmint update of the Atomicals protocol, with a total of 10,000 pieces. Due to the variable gas fees, the cost of one NFT was approximately $100 at its peak. The current floor price is $280, with a 12% decrease in the last 24 hours. Since its launch four days ago, the total trading volume has been 4 BTC.
Focus:
TOOTHY is considered the most exquisitely crafted NFT series among the first Dmint projects by Atomicals, with rich designs and is regarded as the leading NFT among the first Dmint projects. The community views this Dmint by Atomicals as the fairest method of dmint, garnering high attention within the community.
Purchasing Method:
After installing and registering the Atom wallet, go to the Atom market, select the "Collection" page to see the TOOTHY series. Currently, there are 278 TOOTHY available for sale. Select the desired TOOTHY and click "BUY NOW."