Ordi Price Surges as New BRC20 Token 99Bitcoins Reaches $1M Milestone

As Bitcoin makes a clear comeback, Ordi, the top BRC20 token, has surged 13%.

A new BRC20 cryptocurrency called 99Bitcoins is also gaining traction; it recently surpassed the $1 million milestone for total funds raised during the presale.

Ordi Surges 13% as Traders Pursue BTC Beta Play

Because of the positive market sentiment surrounding Bitcoin's recovery, Ordi's price has surged today.

Over the last 24 hours, the value of the entire cryptocurrency market has increased by 5%, but Bitcoin has gained a slight advantage, rising by 6%. Ordi, on the other hand, has expanded more quickly—up 13%.

At $40.6, Ordi is the most popular BRC20 cryptocurrency. Its market capitalization is $851 million, and its 24-hour trading volume is $235 million.

The project has drawn attention from the market because it offers "beta exposure" to Bitcoin. This indicates that Ordi's price mimics Bitcoin's price with additional volatility due to its relationship to Bitcoin and its higher perceived risk.

This was brought to light in January by Loch Chain Founder Prithvir, who noted that Ordi is one of the top Bitcoin beta plays, along with Stacks, THORchain, and Ordiswap.

Not surprisingly, these other cryptocurrencies have performed better than the dominant one in the market today, with Stacks up 15%, THORchain up 7%, and Ordiswap up 20%.

Popular trader CryptoBheem believes that Ordi is ready to continue its upward trend in the near future. He concedes that there may be a brief retreat initially.

CryptoBheem expects ORDI to rise following a retesting at either the $40 level, based on the analysis.

Others are also more interested in how Ordi's longer-term perspective works and do not react to events that occur quickly.

"This month or the following month, ORDI will surpass $100. Don't pass up this bull market cycle," Roccobullbo wrote.

Ordi's market sentiment regarding the Bitcoin recovery is undisputed but analyst are keeping a close watch on other BRC20 projects, many of which could see much greater gains than these ones.

A new BRC20 cryptocurrency called 99Bitcoins token has just surfaced through presale and is starting to gain traction. It has so far raised more than $1 million and been endorsed by well-known industry analysts.

New BRC Token to Watch: Can 99Bitcoins Surge 100x After Raising $1M?

There also may be beta exposure of the Ordi for 99Bitcoins token, which could offer an even larger high potential growth than a newly created presale by respected news outlet, called 99Bitcoins.

It has raised over $1 million during its remarkably successful presale, which is currently taking place. Industry experts have taken notice of the project's rapidly accelerating momentum and status as a crypto media juggernaut, and they are backing the new token to soar.

Crypto News analysts predict that it may increase 100x, stating, "This new Learn-to-Earn platform will explode."

Coinciding with the token launch, 99Bitcoins unveiled a novel Learn-to-Earn layer of its ecosystem that will compensate users for educating themselves about cryptocurrencies. 

In addition to providing users with platform access, $99BTC offers a number of built-in advantages, like BRC20 tools and education, cryptocurrency trading signals, a private community group, and staking rewards.

Up to 1,700% APY returns can be achieved by stakers; however, as the number of people in a staking pool increases this will fall.

This staking mechanism will incentivize early adopters, with additional incentives drawn from the presale pricing structure.

The presale price for the 99Bitcoins tokens is now $0.00103, that will be substantially less than per year when you pay with token throughout our advertising campaign (REM). Another bump is incoming in three days or when we hit $1,700 000.