Meme Coin Season But For Bitcoin? How You Can Take Advantage!
With meme tokens $PEPE & $ORDI on Bitcoin, meme coin season is back!
A new Bitcoin token standard called BRC-20 has emerged, and it already reached $100 Million in market cap within 60 days. However, BRC-20 tokens cannot be used in other applications such as decentralized exchanges, borrowing and lending protocols, and so on. Can Bitcoin builders use BRC-20 to their advantage, or is it just a distraction? Let’s dive into this week’s building on Bitcoin!
BRC-20 token market cap reaches $100 Million
Ordinals Wallet adds support for the BRC-20 token
BRC-20 transactions accounted for 40-50% of all Bitcoin network transactions.
Unisat, one of the most popular wallets for minting, storing, and transferring these BRC-20 tokens, experienced an exploit on April 23rd, 2023
Alternative Money Layers
With inflation hitting countries like Argentina and Turkey, Stablecoin adoption will surge, according to Sovryn.
Moonpay launches app in more than 130 countries, offering its multi-wallet management solution on the app store in countries across the globe.
Bitcoin payment network Lightning published a community-led list of all Lightning Network enabled products.
Magic Eden shares concerns around the cost of inscribing Ordinals to the Bitcoin Blockchain.
Bitcoin Talent Co. and summer of Bitcoin announce Summer 2023 Bitcoin Industry Apprenticeship program.
Xverse announces mobile support for Ordinals & Bitcoin NFTs marketplace Gamma.
Bitcoin builder entity Trust Machines shares their experience of Consensus for Bitcoin builder speakers Muneeb Ali & Rena Shah.
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