Binance revived the BRC20 trend: They are on the rise!

Binance’s announcement that it would list SATS caused BRC20 tokens to rise.

These days, when the cryptocurrency market is advancing with bullish expectations, a new move has come from Binance. Binance created a bombshell on the agenda with the news of a new listing. Earlier in the day, Binance announced that it would list SATS, one of its BRC20 tokens. After this announcement, many BRC20 tokens, especially SATS, saw strong increases.

Binance has revived the BRC20 trend, which is at the center of FUDs. SATS rose nearly 100 percent in less than an hour. BRC20 tokens such as MUBI, TRAC and NALS also accompanied the rise.

BRC20 trend continues at full speed: SATS is in flight!

Binance announced that it will list SATS, one of the popular BRC20 tokens, on the exchange. This listing news revived the BRC20 trend, which gained recognition with the influence of ORDI.

ORDI’s listing on Binance and its accompanying rise had made BRC20 tokens trending. The Bitcoin developer evaluated BRC20s as a vulnerability and said that they would close this gap, disrupting the trend. A withdrawal was seen on the ORDI side, and other BRC20 tokens accompanied this withdrawal.

Earlier in the day, Binance reignited the fading BRC20 tokens. Binance will list SATS, which has a market cap of $800 million. News of this listing increased the SATS price by nearly 100 percent.

Crypto investors also rushed into other BRC20 tokens with the SATS news. MUBI, the BRC20 bridge project, hosted a 30 percent increase in a short time due to the impact of the news. Another popular BRC20 project, TRAC, has increased by 12.5 percent in the last hour.

BRC20 project SATS was inspired by Satoshi, the smallest unit of Bitcoin. Each Bitcoin can be divided into 100 million Satoshi. SATS (Ordinals) rose to prominence on the Bitcoin blockchain by using Satoshi in the token economy. SATS, coded according to the BRC20 token standard, has become one of the popular cryptocurrencies.