BRC20 tokens are a new type of token that is built on the Bitcoin blockchain. They are similar to ERC-20 tokens, which are built on the Ethereum blockchain, but they have some key differences. BRC20 tokens are not as widely supported as ERC-20 tokens, but they are gaining popularity due to their security and privacy features. Here are the top 3 BRC20 tokens to watch in 2023.
Ordinals $ORDI
- Current Price: $7.79
- Market Cap: $163,333,570
Ordinals is a BRC20 token that is used to track the ownership of digital art. Ordinals tokens are unique and cannot be counterfeited, which makes them ideal for tracking the ownership of digital assets. The Ordinals platform is still in development, but it has the potential to revolutionize the way we own and trade digital art.
Exchange: $ORDI is currently trading live on CoinW, OKX, Bybit, Bitget, and BingX.
VMPX $Vmpx
- Current Price: $0.06524
- Market Cap: $7,069,753
Vmpx is a BRC20 token that is used to run the Vmpx platform. Jack Levin, the founder of XEN Crypto, developed the BRC-20 standard cryptocurrency known as VMPX Coin. Vmpx is one of the most popular BRC20 tokens currently in the market.
Exchange: VMPX is currently trading live on CoinW, Bitget, BingX, Hotcoin Global, and BitMart.
NALS $nals
- Current Price: $0.12
- Market Cap: $2,521,036
Nals is another popular BRC20 token to consider. Simply, NALS is a BRC20 meme token. It was introduced in May 2022, with a 100 million token supply overall, and a $744,071 USD 24-hour trading volume. The NALS token is still in its early stages of development.
Exchange: NALS is currently trading live on Bitget, BingX, SuperEx, DigiFinex, and BitForex.
These are just a few of the many BRC20 tokens that are available, viable to make good long-term investments for 2023. As the BRC20 ecosystem continues to grow, we can expect to see even more innovative and exciting BRC20 tokens being launched under this category, already the numbers of tokens is piling up massively as seen in a well detailed list here.
However, It’s crucial to remember that BRC-20 is a cutting-edge experimental technology. It is the users’ duty to comprehend what they are buying. Before purchasing, the user must manually confirm that each token is legitimate. All transactions cannot be undone and users are at their own risk when trading.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any projects.
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