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ordi price
ordi price

ordi price

$42.64
USD
BRC-20
Inscription starting number #348020
View my BRC-20 tokens

Real-time summary of ordi price data

The live price of ordi is $42.64 per (ordi / USD) today with a current market cap of $910.99M USD. The 24-hour trading volume is $28.45M USD. ordi to USD price is updated in real time. It has a total supply of 21.00M .

ordi market data

Market cap
$910.99M
All transactions
9,564

ordi price calculator

ordi
VectorImg
USD
1 ordi = 42.64 USD
Last updated on (UTC)

About ordi

ordi is an inscription token issued on the Bitcoin blockchain based on the Ordinals protocol. With a total supply of 21 million bitcoins, each coin can be subdivided into 100 million satoshis (satoshi is the lowest denomination of a Bitcoin), amounting to a total of 2100 trillion satoshis. Inscriptions are created by using the Ordinals protocol to write content to each satoshi. The ordinals protocol involves writing information to each satoshi, including text, pictures, audio, video, etc.

ORDI (Ordinals): What Is It and How Does It Work?

 

What Is ORDI?

ORDI is a cryptocurrency that operates independently from the original Ordinals project by Casey Rodarmor. While the Ordinals protocol extends Bitcoin’s functionality to include NFT-like features by adding data types such as text, photos, music, and videos to Satoshis, ORDI is distinct in its nature and use. It emerged as the first token on the Bitcoin network, adhering to the BRC-20 standard. This standard, inspired by the fundamental technology of the Ordinals protocol, facilitates the issuance of transferable tokens directly on the Bitcoin network. ORDI, primarily considered a meme coin, shares only a conceptual link to the extended capabilities of Bitcoin through the BRC-20. Since its first inscription on March 8, 2023, ORDI has rapidly gained traction, achieving a market value of over 1 billion USD as of January 2024 and becoming the highest-valued token in the BRC-20 category.

ORDI is a meme coin on the Bitcoin network and functions as the first BRC-20 token created using the Ordinals protocol. The Ordinals protocol allows for data like text, images, audio, and video to be written directly to each Satoshi, the smallest unit of the Bitcoin network. This novel technology has enabled entirely new applications of non-fungible tokens and tokens to emerge on Bitcoin. With a fixed supply of 21 million tokens to match the total Bitcoin supply, ORDI operates as a fungible and transferable token, representing the first Bitcoin-based NFTs and tokens more broadly.

Consider investing in ORDI ? It only takes 2 minutes to create an account on Bitget and start trading ORDI.

 

How Does ORDI Work?

ORDI operates on the Bitcoin Ordinals protocol. This protocol uses the fundamental unit of Bitcoin, the Satoshi, to embed diverse data types, including text, images, audio, and video. Unlike Ethereum’s ERC-20 tokens, BRC-20 tokens like ORDI do not rely on smart contracts for their creation and management. Inscriptions, the cornerstone of ORDI’s functionality, are made directly on the Bitcoin network. Each inscription is uniquely tied to a specific Satoshi, ensuring the token remains stable and secure within the decentralized framework. This process doesn’t require a separate token, side chain, or modifications to the Bitcoin structure, making it a streamlined and efficient approach.

The Ordinals protocol presents a unique opportunity to enrich Satoshis with additional value, transforming them into collectible and tradable assets. With a total of 2.1 quadrillion Satoshis available within the 21 million Bitcoins, the scope for tokenization is vast. Ordinals leverage this by turning each Satoshi into a potential vessel for digital information. The primary advantage of this approach is the capacity to tokenize assets and integrate them seamlessly into the Bitcoin ecosystem. As Ordinals and related tokens gain traction, they offer Bitcoin users an additional layer of value, enriching the traditional cryptocurrency experience with the dimensions of digital art and collectibles.

To learn more about Bitcoin Ordinals, check out our article: What Are Bitcoin Ordinals? Everything You Need to Know About Bitcoin NFT.

 

ORDI in the Bitget Innovation Zone and BRC20 Zone

ORDI, the BRC20 coin on Bitcoin, has been listed in both the Bitget Innovation Zone and the BRC20 Zone. The Bitget Innovation Zone primarily focuses on trending tokens and provides a 60-day valuation period for newly listed pairs, with the potential for delisting if certain criteria are not met. In contrast, the BRC20 Zone specifically caters to tokens like ORDI that utilize the BRC20 standard. ORDI's listing in these zones, with Spot and Spot Grid Trading options available for the ORDI/USDT pair, underscores its growing relevance in the cryptocurrency market. However, users are advised to be aware of the high market risk and volatility associated with cryptocurrencies.

 

How to Trade ORDI on Bitget

Step 1: Go to the ORDIUSDT spot trading page

Step 2: Enter the amount and the type of order, then click Buy/Sell.

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For those passionate about expanding their knowledge of cryptocurrency trading and investing, Bitget Academy serves as a vital learning resource. With courses ranging from technical analysis to risk management, Bitget Academy equips learners with the necessary skills and knowledge to navigate the crypto market successfully. Begin your crypto journey by visiting Bitget Academy's website today!

 

How to buy inscription ordi?

The BRC-20 inscription tokens ordi are tokens based on the Ordinals protocol and inscribed on the Bitcoin network. To purchase ordi, you need a crypto wallet that supports the Bitcoin network. For instance, you can purchase ordi on the marketplace within these Bitcoin wallets at unisat.io/market/brc20?tick=ordi or ordinalswallet.com/brc20/ordi. However, it's important to note that you will need to buy BTC and deposit it into these Bitcoin wallets first before you can acquire these BRC-20 tokens.

Can I purchase ordi inscription tokens on CEXs?

Some of the major BRC-20 inscription tokens, including $ORDI, $SATS, $RATS, $VMPX, $PEPE, $BIP, are currently listed on Bitget, where you can purchase them.

How do I inscribe an inscription token like ordi?

You can inscribe various types of Bitcoin inscription tokens, including Bitcoin NFT, BRC-20, and more, at web3.bitget.com, unisat.io/inscribe, ordinalswallet.com/inscribe, idclub.io/brc20 or looksordinal.com. The process for inscribing BRC-20 inscription tokens is as follows:
1. First, you need to buy BTC and deposit the acquired BTC in your Bitcoin Wallet.
2. Then, open the inscription feature module on these platforms in your browser and select the BRC-20 type.
3. You can click the search icon and select BRC-20 to view a list of Bitcoin-based inscription tokens.
4. Select an inscription token currently being distributed and participate in the minting process.
5. Select how many times you want to mint this token inscription. With each minting, you will receive a specific number of tokens. For example, with 5 times of minting, you will get five times that specific number of tokens.
6. Enter the gas fee amount. Keep in mind that a higher gas fee will result in a faster transaction processing time.
7. Minting is complete. You can now view the inscribed tokens in the My Inscription section on the Profile page of these minting platforms, or all the inscription tokens on your Bitget Wallet.

Top BRC-20 tokens

Inscription # 348020 status

Inscription ID
b61b0172d95e266c18aea0c624db987e971a5d6d4ebc2aaed85da4642d635735i0copy-inscriptionId
Deployed by
bc1pxaneaf3w4d27hl2y93fuft2xk6m4u3wc4rafevc6slgd7f5tq2dqyfgy06copy-deployedBy
Deployment time
2023-03-08 04:16:31
Supply/Minted
21.00M/21.00M
Holders
25,997
Inscription starting number
#348020copy-inscriptionStartingNo
Inscription ending number
#384419copy-inscriptionEndingNo
Decimal
18
Limit per mint
1,000

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