The market capitalization of BRC20 tokens built on the Bitcoin network has grown by 192% in just four days, reaching $279 million with over 13,530 tokens in circulation. Ordi is the most valuable BRC20 coin, with a market valuation of $200 million, followed by pepe at $17.6 million.

The top five BRC20 token market valuations account for 86.55% of the total. As of May 7, 2023, there have been 3.11 million BRC20 transactions, with Bitcoin miners earning 214 BTC ($6.2 million) from the BRC20 ecosystem. Many of the top 118 BRC20 tokens by market cap have opted for a max supply of 21 million.