A six-month-old altcoin project is soaring after earning surprise support from crypto exchange Binance, the largest digital asset exchange in the world.
ORDI tokens, which adhere to the “BRC-20” token standard, are tradable coins that use the Ordinal Protocol to inscribe information into satoshis, the smallest unit of value on the Bitcoin (BTC) blockchain. The project was launched by an anonymous user in March of this year.
ORDI has retraced to $20.49 at time of writing and has a market cap of $433,481,596.
According to the announcement, Binance attached a seed tag to ORDI.
Tokens with a seed tag will