Which BRC20 Token in the Bitcoin ecosystem is worth buying now?

Since its introduction in March 2023, BRC20 Tokens have been a hot topic in the crypto market. The mechanism that combines the freedom of altcoins on top of the most secure and highly decentralized blockchain, Bitcoin, is highly regarded.

Why BRC20?

The Bitcoin network has a cap of 21 million BTC, and each BTC can be divided into 100 million Satoshis. This means that there are a total of 2.1 quadrillion Satoshis. The innovation of BRC20 lies in the ability to implement tokens and NFTs by “stamping” data onto these Satoshis without the need for smart contracts.

There is no Practical Blockchain that surpasses Bitcoin in hash rate and decentralization. Against this overwhelming security backdrop, developers are continuously launching new projects.

Top 10 BRC20 Tokens

99 Bitcoins (99BTC) An established educational platform since 2013 has implemented a learning reward Token on BRC20. Analysts have pointed out a potential increase of 100 times from the low price of $0.00106 at the presale stage.

ORDI Using the Ordinal Protocol, images, audio, and video are directly inscribed on Satoshi. Essentially, it is the Bitcoin version of an NFT. The price movements in 2024 will be correspondingly intense.

SATS（1000SATS） A tribute to Satoshi. The flexibility to support any application (games, payment systems, new crypto issuance) without the need for smart contracts is its selling point.

SNMT (Satoshi Nakamoto Token) A community project that pays tribute to the creator of Bitcoin. It is scheduled to transition to Phase 3 in Q3 2024, with plans for expansion in gaming, NFTs, and interoperability.

LFG Envisioning a trading marketplace for Ordinals and BRC20. Focusing on the creator community and aiming for reliability on par with Bitcoin's security standards.

ORNJ (Orange) DeFi ecosystem specialized in BTC management. Multiple products are operational including wallet, DEX, market data, bridge, AI assistant, and Block explorer.

MUBI (MultiBit) The first bidirectional bridge between BRC20 and ERC20. It solves cross-chain liquidity challenges and also offers staking rewards. It also includes the Ordinal AMM feature.

MICE A meme coin launched in October 2023. It surged from Elon Musk's tweet about the “Robot Mouse King” and is expected to reach a market cap of $15 million by April 2024. It has shown resilience by recording green displays even in a bear market.

PUPS A historic project that executed the first BRC20 airdrop for Bitcoin. A thorough meme coin philosophy with no roadmap or utility. Supported by a growing community.

BRC20.COM（.COM） An all-in-one solution equipped with a mobile wallet, cross-chain bridge, multi-mint, staking, and a native marketplace. Already listed on major exchanges such as Bybit, HTX, Uniswap, MEXC, and OKX.

Investment Perspective

The expansion of the Bitcoin ecosystem does not stop. While it may not have the same level of completeness as Ethereum, it is forging its own path with strengths in security and simplicity. If you're considering diversifying your portfolio, it is realistic to pick several with the understanding that they come with high risks and high returns.