ORDI Worth Surges to $15 After OKX Introduced ORDI Itemizing 

• OKX introduced the itemizing of ORDI in its spot buying and selling markets.
• The Ordinals deposit was scheduled to open on Might 20, at 7.00 am UST.
• The announcement has resulted within the hike of ORDI worth.

Seychelles-based cryptocurrency change, OKX, lately introduced that the corporate has scheduled to open the Ordinals deposits on Might 20, 2023, at 7.00 am UTC. The platform added that it will checklist the ORDI/USD spot buying and selling when the Ordinals deposits meet OKX’s necessities.

On Might 16, OKX launched Ordinals Market, marking it to be the primary multichain pockets to help BRC-20 buying and selling. The introduction of {the marketplace} has been an consequence of the more and more rising BRC-20 tokens, particularly the novel memecoin Pepe.

The platform shared a Twitter thread celebrating the launch of the Ordinals Market, saying:

Introducing Ordinals Market on okxweb3, the place you’ll be able to mint and commerce Ordinals and BRC-20 tokens. Be on the forefront of innovation with the primary multichain pockets supporting Lightning for quicker transactions.

Immediately, the platform proclaimed the corporate’s enthusiasm for the itemizing of ORDI on its spot buying and selling markets. OKX additional briefed that although the whole quantity of Bitcoins is 21 million, every BTC might be divided into the smallest items known as the satoshi. Thus the whole quantity of obtainable satoshi can be 2100 trillion.

OKX defined the inscription or the content material written utilizing the Ordinal protocol, on the satoshi. The platform narrated that the data can be inscribed within the type of NFTs and tokens, as a result of restricted measurement of satoshi.

Wu Blockchain, the official Twitter web page of the Chinese language reported Collin Wu, commented on the numerous surge within the worth of ORDI, following OKX’s announcement:

OKX introduced the itemizing of ORDI, and can open deposits at 15:00 on the twentieth, and open spot transactions after the deposit quantity meets the transaction necessities. ORDI is the primary BRC20 asset, with a complete of 21 million. Affected by this announcement, its worth rose by…

— Wu Blockchain (@WuBlockchain) Might 20, 2023

Collin Wu acknowledged that the worth of the primary BRC-20 asset rose by “greater than 24% in 1 hour”, including that the worth has reached round $15, with a market worth of $310 million. On the press time, ORDI stands at a worth of $15.22 with a 24-hour buying and selling quantity of $51,177,220 and a market cap of $324,487,207.

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