Bitget Research Institute Chief Analyst Ryan Lee BRC-20 sector experiences a second spring, which hot targets are worth attention?
Bitget's Chief Analyst, Ryan Lee, Predicts a Revival for the BRC-20 Sector Which Promising Targets Should Investors Keep an Eye On?This article outlines the three most popular assets in the current BRC-20 ecosystem: ORDI, SATS, and RATS. The article also mentions the recent excitement surrounding the BRC-20 ecosystem, with major exchanges like Binance and Bitget offering support for these assets. ORDI is highlighted as the most well-known and liquid asset, with its price being driven by the overall development and positive news of the BRC-20 ecosystem. SATS, representing the smallest unit of Bitcoin, is noted for its easy dissemination and connection to the development of the Bitcoin ecosystem. The article also emphasizes the strong financial consensus behind SATS, with a total supply of 21 trillion coins and a cost of at least 10-20 million USD to mint out 100%. The author praises the utility of SATS in the Unisat ecosystem, where it is used as a fee for the BRC-20 Swap product, giving it practical value beyond its meme properties. Overall, SATS is seen as a strong asset within the BRC-20 ecosystem, compared to other tokens like VMPX that may need to explore cross-chain opportunities in the Ethereum network.
“RATS”
- Interview with Arthur Hayes With the burst of sovereign debt bubble, where will BTC go?
- Reveal the founder of Ordinals requests Binance to remove the behind-the-scenes story of ORDI
- From Sprints to Marathons Marathon Digital Races to a Whopping 670% Revenue Gain in Q3 thanks to Bitcoin’s Surging Production
“RATS” is widely spread on social media because it is being promoted by those who missed out on “SATS” and are looking for the next potential target. This logic is similar to those who regret missing out on the PEPE wealth effect, which drove the skyrocketing of PEPE 2.0.
Generally, the market prefers “chasing new instead of old”, so the BRC20 sector is currently in a speculative phase driven by curiosity. Therefore, although these three assets on BRC20 are very hot, they also come with high risks. When investing, we need to assess our risk tolerance and proceed cautiously.
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