ORDI worth jumps to $15 after OKX publicizes ORDI itemizing

• OKX has introduced the itemizing of ORDI on the spot buying and selling market.
• The Ordinals deposit was scheduled to open on Might twentieth at 7:00 am (US time).
• This announcement brought about the ORDI worth to rise.

Seychelles-based cryptocurrency trade OKX not too long ago introduced that it plans to open Ordinals Deposits on Might 20, 2023 at 7am UTC. The platform added that it’ll record ORDI/USD spot buying and selling if Ordinals deposits meet OKX’s necessities.

On Might sixteenth, OKX launched the Ordinals Market, changing into the primary multi-chain pockets to help BRC-20 transactions. The introduction of {the marketplace} is a results of the ever-growing variety of BRC-20 tokens, particularly the brand new memecoin Pepe.

platform share In a Twitter thread celebrating the launch of the Ordinals Market, it was introduced that:

Introducing the Ordinals Market on okxweb3, the place you possibly can mint and commerce Ordinals and BRC-20 tokens. Be on the forefront of innovation with quicker Bitcoin transactions, the primary multi-chain pockets to help Lightning.

At the moment, the platform declared the corporate’s enthusiasm for itemizing ORDI on the spot buying and selling market. OKX additional defined that whereas the overall quantity of Bitcoins is 21 million, every BTC might be divided into smaller items referred to as Satoshi. So the overall obtainable Satoshi is 2100 trillion.

OKX defined the inscription or content material written on Satoshi utilizing the Ordinal Protocol. The platform narrated that as a consequence of Satoshi’s restricted dimension, info can be recorded within the type of NFTs and tokens.

Wu Blockchain, the official Twitter web page of Chinese language information outlet Colin Wu, commented on the numerous soar in ORDI worth following the announcement of OKX:

Colin Wu mentioned the worth of the primary BRC-20 asset rose “greater than 24% in an hour,” including that the value reached about $15, bringing the market worth to $310 million. On the time of writing, ORDI has a worth of $15.22, a 24-hour buying and selling quantity of $51,177,220, and a market cap of $324,487,207.