Gems

Bitcoin

ORDI

Pyth Network

TurtSat

<h4>You can inscribe BRC-20 tokens. You may know the used technique as an Ordinal inscription. This all happens on the Bitcoin chain. It most certainly sets the Bitcoin ecosystem on fire. Now inscribing is spilling over to other chains as well.&nbsp;</h4> 
So, we are going to take a look at 7 of the BRC-20 gems with a high potential. They sure are on fire. 
<h5>1 MultiBit Protocol (MUBI)</h5> 
The <a href="https://multibit.exchange/" target="_blank" rel="noopener">MultiBit Protocol</a> provides a bridge between EVM chains, the BNB chain, and Bitcoin. It allows EVM DeFi protocols to join the Bitcoin network. On the other hand, Ordinals can bridge to Ethereum, BNB, and Polygon.&nbsp; 
The MultiBit Protocol bridge is dual-sided. It’s the first bridge that does this for BRC-20 and ERC-20 tokens. The MUBI token launched last month in November. Ever since, it’s up by 1641%. Its marketcap went from $89 million in early December to $314 million. The current <a href="https://www.coingecko.com/en/coins/multibit" target="_blank" rel="noopener">MUBI token</a> price is $0.25. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f538.png" alt="🔸" class="wp-smiley" style="height: 1em; max-height: 1em;">leveraging the capabilities of MultiBit, the <a href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#bitcoin</a>-based stablecoin <a href="https://twitter.com/search?q=%24DAII&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DAII</a> (powered by <a href="https://twitter.com/bssbstable?ref_src=twsrc%5Etfw">@bssbstable</a>) will soon be integrated into the <a href="https://twitter.com/solana?ref_src=twsrc%5Etfw">@solana</a> blockchain. 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f538.png" alt="🔸" class="wp-smiley" style="height: 1em; max-height: 1em;">Solana is renowned for its ultra-high throughput and low-latency processing, making it an ideal platform for <a href="https://twitter.com/search?q=%24DAII&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DAII</a>… <a href="https://t.co/fDdxm8LInD">https://t.co/fDdxm8LInD</a> 
 — MultiBit (@Multibit_Bridge) <a href="https://twitter.com/Multibit_Bridge/status/1739254822174417290?ref_src=twsrc%5Etfw">December 25, 2023</a>
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<h5>2 Ordinals (ORDI)</h5> 
<a href="https://ordinals.com/" target="_blank" rel="noopener">Ordinals</a> are the inscribed Satoshi. These are the smallest Bitcoin units. Once you inscribe them, they can become valuable. Currently, BRC-20 gems are going through the roof. The ORDI token is a meme coin. However, it has the first-mover advantage. They were the first inscribed BRC-20 token. 
Since early this month, they have been flying high. The <a href="https://www.coingecko.com/en/coins/ordi" target="_blank" rel="noopener">ORDI token</a> price went from $20 to well over $50. Their current market cap is over $1 billion. The first BRC-20 tokens to achieve this. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 The Pyth Network has released its ORDI/USD price feed<a href="https://twitter.com/search?q=%24ORDI&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ORDI</a> is the native token for Ordinals, a protocol that inscribes information onto each Satoshi 
 The ORDI/USD price feed is now available to smart contract developers on more than 40 blockchains, including <a href="https://twitter.com/Stacks?ref_src=twsrc%5Etfw">@Stacks</a> <a href="https://t.co/PXOmOHZ2IW">pic.twitter.com/PXOmOHZ2IW</a> 
 — Pyth Network <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f52e.png" alt="🔮" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@PythNetwork) <a href="https://twitter.com/PythNetwork/status/1734121012374204826?ref_src=twsrc%5Etfw">December 11, 2023</a>
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<h5>3 BitStable Finance (BSSB)</h5> 
Say hi to DAII by <a href="https://bitstable.finance/" target="_blank" rel="noopener">BitStable Finance</a> (BSSB). It’s the first-ever stablecoin in the BRC-20 ecosystem. For example, you can stake the MUBI token. As a reward, you receive the BSSB token. This you can use as collateral for DAII.&nbsp; 
The current price for the <a href="https://coinmarketcap.com/currencies/bitstable/" target="_blank" rel="noopener">BSSB token</a> is $5.84. The market cap went from $6.6 million to $84 million in less than three weeks. Its ATH was $9.52, on December 19th.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <a href="https://twitter.com/search?q=%24BSSB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BSSB</a> update: $83M worth of <a href="https://twitter.com/search?q=%24DAII&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DAII</a> has been minted. This puts them second on for TVL accumulated by a BRC ecosystem project (second to <a href="https://twitter.com/search?q=%24MUBI&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$MUBI</a>). 
 What does this really mean? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/L93FBxW4Ea">pic.twitter.com/L93FBxW4Ea</a> 
 — Bizonacci (@0xBizonacci) <a href="https://twitter.com/0xBizonacci/status/1739046464557396212?ref_src=twsrc%5Etfw">December 24, 2023</a>
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<h5>4 TurtSat (TURT)</h5> 
<a href="https://turtsat.io/" target="_blank" rel="noopener">TurtSat</a> (TURT) is a BRC-20 launchpad. If you stake your TURT tokens, you receive the EGGS token as a reward.&nbsp; 
The <a href="https://coinmarketcap.com/currencies/turtsat/" target="_blank" rel="noopener">TURT token</a> price is $0.06928. It has a marketcap of $65.8 million. In early December, that was only $9 million. The TURT price saw a 1620% surge during the last 30 days. Once more, this proves that this ecosystem is on fire. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f389.png" alt="🎉" class="wp-smiley" style="height: 1em; max-height: 1em;">We're thrilled to announce our partnership with<a href="https://twitter.com/DWFLabs?ref_src=twsrc%5Etfw">@DWFLabs</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f91d.png" alt="🤝" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 TurtSat will work alongside DWF Labs to promote and assist Ordinals’ highest-quality projects and teams. 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4cd.png" alt="📍" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/DMop4gGmiI">https://t.co/DMop4gGmiI</a><a href="https://twitter.com/hashtag/Ordinals?src=hash&amp;ref_src=twsrc%5Etfw">#Ordinals</a> <a href="https://twitter.com/hashtag/Turtsat?src=hash&amp;ref_src=twsrc%5Etfw">#Turtsat</a> <a href="https://twitter.com/hashtag/dwflabs?src=hash&amp;ref_src=twsrc%5Etfw">#dwflabs</a> <a href="https://t.co/gQBZl86JBV">pic.twitter.com/gQBZl86JBV</a> 
 — TurtSat (@Turtsat) <a href="https://twitter.com/Turtsat/status/1737682103448539221?ref_src=twsrc%5Etfw">December 21, 2023</a>
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<h5>5 Dova Protocol (DOVA)</h5> 
<a href="https://www.bitdova.com/" target="_blank" rel="noopener">Dova Protocol</a> bridges liquidity between the BRC-20 network and the EVM ecosystem. The protocol partners for this with TurtSat. It already has the DOVA token, but both CoinGecko and CoinMarketCap don’t list it yet. As a result, we don’t have any information on the marketcap. However, the current <a href="https://www.mytokencap.com/currencies/dova/821859117/" target="_blank" rel="noopener">DOVA token</a> price is $0.0389. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> Unlock the power of BRC-30S token as collateral for staking rewards in lending. 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f310.png" alt="🌐" class="wp-smiley" style="height: 1em; max-height: 1em;"> Experience top-notch security, seamless liquidity, unparalleled scalability, and enjoy passive income. 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f31f.png" alt="🌟" class="wp-smiley" style="height: 1em; max-height: 1em;"> Elevate your staking game with Dova! <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://twitter.com/hashtag/DeFi?src=hash&amp;ref_src=twsrc%5Etfw">#DeFi</a> <a href="https://twitter.com/hashtag/DovaProtocol?src=hash&amp;ref_src=twsrc%5Etfw">#DovaProtocol</a> <a href="https://twitter.com/hashtag/BRC20?src=hash&amp;ref_src=twsrc%5Etfw">#BRC20</a><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4b0.png" alt="💰" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/deKGBYPlef">pic.twitter.com/deKGBYPlef</a> 
 — Dova Liquidity Protocol (@dova_protocol) <a href="https://twitter.com/dova_protocol/status/1738826393017102644?ref_src=twsrc%5Etfw">December 24, 2023</a>
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<h5>6 Chax World (CHAX)</h5> 
<a href="https://chax.world/" target="_blank" rel="noopener">Chax Bitcoin</a> is the first platform to bring RWA into the BRC-20 ecosystem. For this, it uses Chamcha. There’s also a Chamcha bridge between the Bitcoin and EVM ecosystems. This brings two highly popular and trending narratives together, RWA and BRC-20. Furthermore, there’s more, Chax also offers AI <a href="https://www.altcoinbuzz.io/?s=yield+farming" target="_blank" rel="noopener">yield farming</a>.&nbsp; 
The <a href="https://www.coingecko.com/en/coins/chax" target="_blank" rel="noopener">CHAX token</a> price is $0.0103. However, there’s no information available on the marketcap. During the last 30 days, the token is up by 1220%. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> Introducing a groundbreaking development in the crypto world! <a href="https://twitter.com/search?q=%24CHAX&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$CHAX</a> is revolutionizing the <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> ecosystem and empowering the community with new vitality. 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;">….to the Mars….<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f449.png" alt="👉" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/0IglCatKOA">https://t.co/0IglCatKOA</a><a href="https://twitter.com/search?q=%24CHAX&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$CHAX</a> <a href="https://twitter.com/hashtag/GROK?src=hash&amp;ref_src=twsrc%5Etfw">#GROK</a> Bear<a href="https://t.co/9NhPDEWftl">https://t.co/9NhPDEWftl</a> 
 — CHAX Bitcoin (@0xChamcha) <a href="https://twitter.com/0xChamcha/status/1725082334268166196?ref_src=twsrc%5Etfw">November 16, 2023</a>
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<h5>7 Ghosty (GHSY)</h5> 
<a href="https://www.ghosty.cash/" target="_blank" rel="noopener">Ghosty</a> is about privacy in the BRC-20 ecosystem. In other words, your transactions are anonymous. Nobody can trace your swaps on the app. Privacy was another big narrative during 2023, and will even be bigger in 2024. 
The current <a href="https://coinmarketcap.com/currencies/ghosty-cash/" target="_blank" rel="noopener">GSHY token</a> price is $1.08. Its marketcap is $35.7 million. The token launched on 18th December. During that week, it went up by 48.5%. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <a href="https://t.co/UCVhQESNiH">https://t.co/UCVhQESNiH</a> Total Value Swapped just hit $2,000,000, we are grateful for the incredible support from the community <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f47b.png" alt="👻" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 We've executed more than 1000 transactions, which signifies active utilization of <a href="https://t.co/WDWm7XO6QW">https://t.co/WDWm7XO6QW</a> 
 We have surpassed 1800 Holders <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f47b.png" alt="👻" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/BRC20?src=hash&amp;ref_src=twsrc%5Etfw">#BRC20</a> <a href="https://t.co/FyVJnLgXkv">pic.twitter.com/FyVJnLgXkv</a> 
 — Ghosty.Cash (@GhostyCash) <a href="https://twitter.com/GhostyCash/status/1736616999256535478?ref_src=twsrc%5Etfw">December 18, 2023</a>
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<h5>Conclusion</h5> 
BRC-20 tokens on Bitcoin are making a name for themselves. They are taking off, left and right. We take a look at 7 promising tokens in this ecosystem. They can do 20-100x and some are already halfway there to reach this target. 
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The post <a href="https://www.altcoinbuzz.io/product-release/7-brc-20-gems-with-20-100x-potential/">7 BRC-20 Gems With 20 -100X Potential</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.

7 BRC-20 Gems With 20 -100X Potential

Altcoin Buzz

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