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Bitcoin NFT Protocol Ordinals Receives High Volume and Spending

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It is reported that according to data from Dune Analytics, the cumulative casting volume of the Bitcoin NFT protocol Ordinals launched by Casey Rodarmor, a sof…

Bitcoin NFT Protocol Ordinals Receives High Volume and Spending

It is reported that according to data from Dune Analytics, the cumulative casting volume of the Bitcoin NFT protocol Ordinals launched by Casey Rodarmor, a software engineer, has exceeded 100000 pieces, reaching 100041 pieces so far, of which the highest daily casting volume occurred on February 9, and the NFT casting volume on that day was 21824 pieces. In addition, the cumulative expenses of the current Ordinals agreement reached 7424900 US dollars.

Bitcoin network NFT protocol Ordinals has exceeded 100000 pieces

Interpretation of the news:


According to Dune Analytics, the Bitcoin NFT protocol Ordinals, launched by Casey Rodarmor, a software engineer, has seen its cumulative casting volume surpassing 100,000 pieces, reaching 100,041 as of now. The highest daily volume was recorded on February 9, with 21,824 pieces cast on that day alone. The Bitcoin NFT protocol Ordinals has also succeeded in accumulating expenses worth up to $7,424,900 USD, making it a hugely successful launch for both Rodarmor and investors alike.

The report reveals that Bitcoin NFT protocol Ordinals has received significant attention from the crypto community, and has become a hot-ticket item to trade. The protocol uses non-fungible tokens (NFTs), which are unique cryptographic assets that cannot be interchanged with each other, and are being used to represent anything from digital images to music, video, and games.

Casey Rodarmor’s Bitcoin NFT protocol Ordinals uses Ethereum, a blockchain technology platform that powers cryptocurrencies, allowing users to trade these assets globally. The popularity of Bitcoin NFT protocol Ordinals has also led to the extension of the NFT market, with other similar NFT platforms gaining ground.

It is worth noting that such casting and expenses keep growing with every day, with the demand for non-fungible tokens nowhere near slowing down. The cumulative casting volume is an indication of the growing interest in this new approach to digital assets. It shows that more and more people are warming up to the concept of buying and trading unique digital assets that hold value like traditional collectibles.

In conclusion, the Bitcoin NFT protocol Ordinals have demonstrated superb performance since its launch, with its casting volumes exceeding 100,000 pieces, and daily volumes performing exceptionally well. Furthermore, the protocol has attracted cumulative spending worth approximately $7,424,900 USD. The popularity of this platform shows that Non-fungible tokens are the future of the digital market, and investing in emerging NFT protocols could yield substantial returns.

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