Token

Core

Bitcoin

ORDI

<ul class="news-points"> 
 <li>BRC-20 token Ordinal (ORDI) faces volatility after Bitcoin developer Luke Dashjr criticizes Ordinals, labeling it as “spam” exploiting a Bitcoin Core vulnerability.</li> 
 <li>Dashjr suggests Ordinals may cease to exist once the vulnerability is fixed, causing a 15% decline in ORDI’s price to $51.72.</li> 
 <li>Some whales actively accumulated ORDI, but others strategically sold, with one whale securing profits exceeding $2.3 million.</li> 
</ul> 
In the last two days, the price of the BRC-20 token <a href="https://coinedition.com/tag/ordi-ordi/">Ordinal (ORDI)</a> has experienced significant fluctuations following a Bitcoin Core developer’s claims that Ordinals is an attack on Bitcoin. Lookonchain, a prominent crypto analysis platform, delves into the market dynamics surrounding ORDI and explores whether whales are selling or accumulating the token. 
<h2 class="wp-block-heading" id="h-is-it-the-end-for-bitcoin-ordinals">Is It the End for Bitcoin Ordinals?</h2> 
In an X post, Luke Dashjr, Bitcoin developer and co-founder of the Ocean mining pool, <a href="https://twitter.com/LukeDashjr/status/1732204937466032285" target="_blank" rel="nofollow">criticized</a> inscriptions like Ordinals and BRC-20 tokens on the Bitcoin blockchain, labeling them as “spam.” He argued that these inscriptions exploit a vulnerability in Bitcoin Core. 
When asked if Ordinals and BRC-20 tokens would cease to exist once the vulnerability was …
The post <a href="https://coinedition.com/ordi-token-plummets-15-is-it-the-end-for-bitcoin-ordinals/">ORDI Token Plummets 15%—Is It the End for Bitcoin Ordinals?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

ORDI Token Plummets 15%—Is It the End for Bitcoin Ordinals?

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