[Cryptocurrency investors reveal the next big thing for BRC-20 tokens]The complexity of digital assets highlights the potential of BRC-20 tokens, which are poised to experience exponential growth in the crypto market.Understand the concept of Bitcoin Ordinals and BRC-20 tokens: Bitcoin runs on the smallest unit Satoshi, similar to one cent in a dollar. Ordinals are a new way of assigning each satoshi a unique number, allowing it to burn data such as text, images, or JSON code. BRC-20 tokens are satoshis burned in JSON code, with unique names, supply and transfer rules, turning ordinary satoshis into tokens with independent identities and values.The BRC-20 token is attractive because it combines Bitcoin’s solid security with broad acceptance (including ETF approval). BRC-20 is not limited to native tokens, it also integrates with Bitcoin Layer2 and other chains that support smart contracts, providing diverse applications.Analysts at Kaiko pointed out that since November 2023, the trading volume of BRC-20 tokens has grown significantly, from $10-15 million to more than $500 million, indicating its unique position and growth potential in the crypto market .The development of the BRC-20 token ecosystem represents a significant advancement for the cryptocurrency industry, providing investors with security, innovation and potential profit opportunities.
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