ORDI, which experienced a sharp decline with the Fud rumors, increased by nearly 72 percent in a very short time and made a new ATH.
BRC20s, which have been accompanying the sharp increase of BTC for a while, have firmly stepped on the gas. Although various Fuds released about ORDI, especially by Bitcoin developers, shook the relevant parities as of yesterday, this effect was not permanent. With the dark clouds over ORDI dissipating, the parity directly increased by 71.36 percent. The increase in ORDI, which is the head of BRC20, naturally triggered other BRC20 projects and brought about upward movements.
Post-correction ATH run has arrived!
Bitcoin Core developer Luke Dashjr stated that the Ordinals and BRC20 tokens will expire after the v27 update. A statement from such an authority naturally confused BRC20 investors and created a wave of sales in almost all projects.
However, the fact that BRC20s had a large investor base, triggered a new trend, and most importantly, followed an upward trend regardless of the increase in BTC Domination, did not delay the recovery of the parities. ORDI stood up first and became a cure for all BRC20 tokens.
The pioneer of BRC20s, which shot to $ 69.95 within hours with the reaction it received from $ 40,821, experienced a total increase of 71.36 percent. Currently trading at $55.64, ORDI may make a test of $64,608 and $69,865 respectively if it clears $59,267 with volume.
Increasing Fuds on BRC20s, a sharp rise in BTC Dominance or downward pricing of BTC will naturally lead to a decline in ORDI. In such a scenario, we can observe a decrease first to 48,233 dollars and then to 44 – 40,821 – 36,767 and 31,341 dollars respectively.
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