BRC-20 Tokens
The BRC-20 token standard pioneers fungible tokens on the Bitcoin blockchain via the innovative Ordinals protocol. Inspired by Ethereum’s ERC-20, BRC-20 introduces an experimental standard for creating and transferring fungible tokens on Bitcoin. Despite its experimental nature, BRC-20 gained traction in 2023. Initiated by pseudonymous Domo, “ordi” marked the first token, experiencing meteoric rises, influencing Bitcoin’s fees and network congestion. Understanding Bitcoin Ordinals is crucial, as BRC-20 tokens utilize JSON-inscribed data for deploying, minting, and transferring within Bitcoin’s evolving landscape.
This groundbreaking experiment stems from the Taproot upgrade, expanding Bitcoin’s capabilities, and the January 2023 Bitcoin Ordinals protocol launch, pioneering NFTs on Bitcoin. Ethereum developer Domo leveraged this to create BRC-20 in March 2023, introducing a wave of new Bitcoin network tokens, enhancing Bitcoin’s utility and opening new possibilities.
Explore the dynamic world of BRC-20 tokens as numerous innovative projects enter the markets. To guide you through this vibrant ecosystem, we’ve highlighted some successful examples worth exploring. If you’re curious about the broader landscape and want to discover more BRC-20 tokens, check out the market cap lists available on platforms like CoinMarketCap and CoinGecko. These lists provide valuable insights into the popularity, growth, and potential of various BRC-20 tokens, offering a comprehensive view of the evolving trends within the Bitcoin blockchain’s tokenized landscape.
Embark on a journey of discovery and stay informed about the latest developments in the BRC-20 token space.
$ORDI
ORDI token, a leading BRC-20 token, pioneered fungible tokens on the Bitcoin blockchain with the Ordinals protocol.
It showcases the feasibility of developing versatile tokens on Bitcoin.
$TRAC
Trac is an Ordinals infrastructure project, offering a decentralized system to track and access Ordinals-related protocols, including BRC20 and sats domain names.
They pioneered the first BRC20 staking platform with the launch of their own token $TRAC.
$MEME
MEME (Ordinals) (MEME) is a digital asset on the Bitcoin Network, categorized as a Memecoin BRC20 token.
It gained popularity for early inscription on the Bitcoin blockchain and participation in the BRC20 hype.
BRC20.io
BRC20.io is your dedicated coinmarketcap list for BRC20 tokens, an experimental standard for fungible tokens on the Bitcoin blockchain. Made possible by the Taproot and Ordinals protocol, BRC-20 tokens introduce groundbreaking capabilities to the Bitcoin network, extending their utility to DeFi protocols and diverse blockchain applications.
Explore the future of Bitcoin with BRC20 tokens on BRC20.io.
CoinGecko
BRC-20 tokens, akin to ERC-20 tokens on Ethereum, are fungible tokens residing on the Bitcoin blockchain. CoinGecko consistently updates and tracks these tokens, offering real-time insights.
With a surge in popularity and new daily releases through free mints, CoinGecko aids users in discovering and staying informed about the latest and most promising investments.
CoinMarketCap
CoinMarketCap, the premier platform for crypto market cap listings, provides comprehensive data essential for BRC-20 token investments. Explore the top cryptocurrencies and tokens used for BRC-20, ranked by market capitalization.
Easily rearrange the list based on preferences, such as 24-hour or 7-day changes, for a different perspective on the sector.
