ORDI/ORDI#239 20

What is ORDI(ORDI)?

ORDI is a meme cryptocurrency built on the Bitcoin blockchain network. It provides a service of the Bitcoin ordinal protocol that allows trading and creation of NFT tokens on a single Satoshi (the smallest unit of Bitcoin) on the Bitcoin blockchain network.

It is the first-ever token that uses BRC 20 as a token standard of the Bitcoin blockchain network, founded by Casey Rodarm on January 20, 2023. The BRC 20 token standard is similar to the ERC 20 token standard of Ethereum; this showcases the technology's novel capabilities and helps it allow the creation and trading of tokens on the Bitcoin blockchain network.

The token standard used by ORDI BRC 20 was an experiment by Domodata on the Ordinals protocol, which aims to explore the similarity of implementing a mechanism to Ethereum’s ERC 20 tokens on the Bitcoin Blockchain network. The launch of the Ordi protocol was marked as the beginning of BRC 20 tokens.

What are Ordinal Protocols? 

Ordinal Protocol is a protocol that helps give every Satoshi a unique numerical identity, works on the BRC 20 token standard, and allows every Satoshi to be tracked, transferred, and combined with metadata into Satoshi, which contains information about the transactions.

You can encrypt Satoshis with text, pictures, or videos and transfer them via a Bitcoin transaction. Satoshi is assigned a unique number to get mined. The ordinal protocol is on-chain and does not rely on smart contracts, smart chains, or tokens other than Bitcoin. 

How does the BRC-20 Standard work?

A token standard BRC-20 is used to encrypt Satoshis with JSON data, or text structures. BRC-20 tokens enable features like token deployment, minting, and transfer on the Bitcoin blockchain and include the token's fundamental data (such as the maximum quantity and token ticker). 

BRC-20 is inspired by the ERC-20 token standard, but BRC-20 differs, as it does not have the capabilities of a smart contract and the Bitcoin protocol only identifies the transfer of Satoshis, not the inscriptions.

Hence, to maintain the wallets of BRC-20 tokens, BRC-20 needs a different database to identify and register the transactions called indexers, which are off-chain and centralized. To prevent problems like tokens minted over the set limit or duplicated tokens, indexers play an important role.

What is the All-Time High and All-Time-Low of ORDI?

$95.52 is the highest price reached for ORDI (ORDI), and it was noted on March 5, 2024. The all-time low was recorded at $2.86 on September 11, 2023. 

ORDI Price Prediction for the Year 2025-2030

According to Coinpedia, the price of ORDI is expected to trade between $64.10 and $151.12; on a-verage, the price will be traded at $96.66 during the year. The most amount of buyers will be active in January month, when the price of ORDI is expected to trade 308.54% higher.

For the year 2026, the price is predicted to be bullish, and the 2026 high will reach $81.24 with a low of $31.44 in August, and the average price is predicted to be around $51.13. Moving forward, the price of ORDI in the year 2027 is predicted to trade between $34.46 in July and $73.20 in December, and the average price is expected to be around $44.17.

For the year 2028, the price is predicted to continue its bullish nature and make a possible high of $119.71 with a low of $59.02, and the average price is predicted to be around $79.60.

Predictions for 2029 suggest that ORDI will be trading between $103.45 and $238.17 with its bullish nature. In terms of long-term price prediction for 2030, then the price is expected to reach $138.95 while the price could also trade as low as $94.42, and the average price for the year 2030 is predicted to be $115.60.

Where to buy ORDI?

The ORDI token can be bought from several well-known cryptocurrency exchanges, such as Binance, OKX, and Gate.io. These platforms are well-liked because of their quickness, ease of use, security, and liquidity.

• Popular decentralized exchanges that offer ORDI tokens

UniSat

OKX Ordinals

• Popular centralized exchanges that offer ORDI tokens

OKx

Gate.io

HTX

Bitget

How can you buy ORDI?

Just follow these simple steps to buy ORDI:

1. Download any of the crypto exchange apps, available free on the Apple App Store or Google Play Store.

2. Complete the simple verification and sign-up process.

3. Fund your account with USDT using bank transfer, Apple Pay, or a debit/credit card.

4. Once funds hit your account, you can start buying ORDI.

Wallets for ORDI?

Since ORDI is a BRC-20 token, it can be stored in any wallet that supports BRC-20 tokens, including MetaMask, Trust Wallet, and Ledger. This is because ORDI (ORDI) is supported on the Bitcoin network.