BTC Ordinals Have Caught Fire!

Prices and sales volume on Ordinals is skyrocketing. So don’t get left behind on your chance to own a digital artifact.

Image of an Ordinal from the Derps collection

So much can happen in crypto in two months! I first wrote about Ordinals in my newsletter on March 24, in my newsletter, Aggressive Crypto. At that time, 580,000 Ordinals had been minted on Bitcoin. Today, over 7.6 million Ordinals have been minted! As a result, sales volume on Magic Eden has accelerated, and the Ordinal collecting community has grown massively.

What's the reason? I believe it's a combination of factors contributing to the phenomenal growth in Ordinals:

• Binance has recently announced it will be listing certain Ordinal collections. https://www.binance.com/en/blog/nft/binance-nft-marketplace-to-support-bitcoin-nfts-4250480174684233711?utm_source=nft-tw&utm_medium=social&utm_campaign=btc-nft
• The growth of the Bitcoin collectibles with Ordinals, Bitcoin Stamps, and BRC-20 tokens.
• Bitcoin Miami happening tomorrow may be drawing more attention.
• Investors realize how cheap these are compared to ETH NFTs, and they don't have royalties, so reselling doesn't carry such large fees.