The BRC20 market has seen massive growth in the past four days, with its market capitalization increasing by 192%. The top ten wealthy BRC20 tokens account for 86.55% of the entire market capitalization, with ordi holding the highest market value at $200 million. This tokenized economy, operating on the Bitcoin network, has now facilitated over 3 million transactions, earning miners more than 214 bitcoin (BTC) for their contribution to the network. With such tremendous growth and potential, the BRC20 token economy is sure to continue its dominance in the crypto market for the foreseeable future.
Ivanna Patel
- 2023-05-07
BRC20 Token Economy Sees Major Market Increase
The BRC20 market has seen massive growth in the past four days, with its market capitalization increasing by 192%. The tokenized economy, operating on the Bitcoin network, has facilitated over 3 million transactions, earning miners more than 214 bitcoin (BTC).
