The popularity of inscriptions remains unabated. Yesterday, the launch of sats (1000SATS) on Binance drove the coin price up by more than 40% in one hour, and the prices of related BRC-20 tokens also saw significant gains. Along with other inscription projects on different chains, they have once again attracted market attention.

Recently, in terms of price increase, the most notable one is ASCT on Avalanche. According to Avascriptions data from the Avalanche inscription trading market, as of the time of writing, the floor price of ASCT is 0.0179 AVAX, equivalent to approximately 0.61 US dollars, which has increased by 144% compared to the initial trading market price of 0.25 US dollars. It is currently the top-ranked inscription in terms of trading volume on Avascriptions.

On December 13th, the official ASCT account announced that ASCT will be listed on the AscendEX and CoinW exchanges.

AVAL to ASCT, Avalanche Inscription Dragon Head Changes Hands

ASCT was not the one that was initially favored.

Although the first inscription AVAS on Avalanche was deployed by Ethan, the founder of the domain project Tezos Domains, as early as June this year, it did not receive much exposure when the inscription market exploded in November. Therefore, the first inscription to become popular on Avalanche was AVAL.

Following the consensus of the first market leader, AVAL's off-market price has increased tenfold. However, influenced by the comments of Bitcoin Core developers, the inscription market experienced a brief cooling trend, and AVAL's price performance gradually became unsatisfactory. According to Avascriptions data, as of the time of writing, AVAL's current market value is only $5,783, and the floor price is approaching zero.

Later, the market gradually recovered and ASCT emerged. According to Dune data, ASCT began deployment on December 7th and has now completed minting. As of the time of writing, its market value has reached $21,000,817.

Compared to AVAL, which was deployed on November 19th, ASCT achieved about half of AVAL's trading volume in less than a week. Additionally, with 9714 holders, it is currently the project with the most holders in the Avascriptions trading market.

ASC-20 What other inscriptions projects are there?

On December 11th, Avalanche's official trading market for inscriptions, Avascriptions, was officially launched. Currently, there are three major sections where users can view information such as prices, trading volumes, and holders of related inscription projects on the trading market, as well as place orders.

BlockBeats has compiled a list of notable token projects on Avalanche, excluding ASCT, based on Avascriptions.

AVAV

AVAV is a popular project in the Avalanche Inscription Community, with a total of 21 million tokens, each token containing 69,696,969 coins. As of the time of writing, the minting progress is at 8.84%.

AVAS

As mentioned earlier, AVAS is one of the first tokens deployed on the ASC-20 protocol, and was launched on the market for trading on December 12th. As of the time of writing, the floor price of AVAS is 0.0013 AVAX, with a 24-hour trading volume of 1501.76 AVAX. It ranks second in trading volume on Avascriptions, with a total market value of $954,405.

ATXS

ATXS is a glyph project ranked third in the Avascriptions trading market. It was deployed on December 13th and the mint progress has reached 100%. However, there are currently few orders and only 451 holders.

BlockBeats reminds readers that the minting cost of ASC-20 tokens is relatively low, and the vast majority of tokens themselves have no use cases yet. In addition, the inscription market is highly volatile, so users should be cautious in identifying risks.

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