Bitcoin-Based Tokens Surge as BRC-20 Standard Spurs New Wave of Crypto Assets
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Tokens based on the Bitcoin blockchain are emerging as the newest play among market participants. The BRC-20 category has added 21% in the past 24 hours.
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Infrastructure token TRAC rose 93% to lead the gains, followed by MEME at 69% and NALS at 36%.
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The BRC-20 standard allows users to issue transferable tokens directly through the network.
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Earlier this month, ORDI was listed on Binance, fueling a 50% price jump within hours and bullish sentiment.
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Social apps like Alpha are introducing in-game tokens to attract new users and boost revenues.