Bitcoin

ORDI

Shiba Inu

Memecoin

The PEPE

Memecoins are hardwired into Internet culture, and crypto was not spared. From Dogecoin and Shiba Inu (SHIB) to the latest craze surrounding the popular PEPE coin, the industry has long been involved with them.
Now, the PEPE coin mania is also spreading across other protocols, and Bitcoin seems to be well under the radar. But it&#8217;s not exactly what you may think.
<ul>
<li>Ordinals Wallet is a veteran wallet that supports the so-called NFTs on Bitcoin &#8211; Ordinals. While called NFTs, they do have their differences to legacy non-fungible tokens, as most know them on Ethereum.</li>
<li>The team behind it made headlines after it decided to airdrop Pixel Pepe&#8217;s ordinals to users who made a transaction onto their wallet or marketplace before block 777888.</li>
<li>This is essentially within the first week of the creation of Ordinals Wallet.</li>
<li>The interesting part is that the lowest floor price, at the time of the post, was around 0.4 BTC &#8211; close to a whopping $12,000.</li>
</ul>
<blockquote class="twitter-tweet">
Pixel Pepes incoming!<a href="https://twitter.com/ordinalswallet?ref_src=twsrc%5Etfw" data-wpel-link="external" target="_blank">@ordinalswallet</a> confirmed that they had airdropped <a href="https://twitter.com/hashtag/PixelPepes?src=hash&amp;ref_src=twsrc%5Etfw" data-wpel-link="external" target="_blank">#PixelPepes</a> to users who made a transaction onto their wallet/marketplace before block 777888.
-&gt; The total supply of Pixel Pepes is 1563, and their current floor price is 0.319999 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" data-wpel-link="external" target="_blank">$BTC</a> <a href="https://t.co/0iqNHUxRnc" data-wpel-link="external" target="_blank">pic.twitter.com/0iqNHUxRnc</a>
— CryptoPotato Official (@Crypto_Potato) <a href="https://twitter.com/Crypto_Potato/status/1656264050030833666?ref_src=twsrc%5Etfw" data-wpel-link="external" target="_blank">May 10, 2023</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<ul>
<li>Meanwhile, PEPE&#8217;s price has <a href="https://cryptopotato.com/pepe-pump-and-dump-from-1-8b-market-cap-to-800m-in-4-days-hype-over/" data-wpel-link="internal">lost</a> a major chunk of its recently acquired value, and its market capitalization tumbled toward $800 million after peaking at close to $2 billion a few days ago.</li>
</ul>
The post <a href="https://cryptopotato.com/the-12k-pepe-airdrop-transitioning-the-memecoin-hype-to-bitcoin-ordinals/" rel="nofollow">The $12K PEPE Airdrop: Transitioning the Memecoin Hype to Bitcoin Ordinals</a> appeared first on <a href="https://cryptopotato.com/" rel="nofollow">CryptoPotato</a>.

The $12K PEPE Airdrop: Transitioning the Memecoin Hype to Bitcoin Ordinals

CryptoPotato_News

Other articles published on May 10, 2023

CryptoSlate wMarket Update: Bitcoin trades flat in mute market performance

BTC Price Plunges $1,000+ On Rumors That Govt Wallets Are On the Move

US President Call to End Crypto Tax Loopholes Sparks Controversy Among Community Members

What Is Bitcoin Network Congestion and How Does It Affect the Market?

Spotify removes thousands of AI-generated songs to block bots posing as listeners

How do Ordinals affect BTC’s price and the crypto market? Binance case study

Join our free newsletter for daily crypto updates!