The BRC20 token economy has experienced significant growth in the past four days due to a surge in Ordinal inscriptions, resulting in over 10,000 additional coins and a current value of $497.75 million. Bitcoin is now embracing functionalities previously associated with the Ethereum blockchain, such as the innovation of new tokens and non-fungible token assets. The top-valued BRC20 token is ORDI, with a market valuation of $342 million, followed by MEME and OSHI, which have smaller supplies and higher individual worth. Despite opposition from Bitcoin maximalists, the wider market demands the continuation and growth of BRC20s.
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