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Bitcoin Ecosystem Daily (8.27) | PizzaSwap and Fractal are the focus of this week

Xverse中文

24-08-28 15:38

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Original source: Xverse Chinese

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Daily BTC Ecosystem News Explosion - Thanks to Ordinals World @OrdzWorld for providing wonderful content!

● Fractal is preparing for the Fractal native protocol

● "Token as product" and "Building excellent applications"

● $PIZZA has high certainty

Ordinals Inscription Section:

● Ordinals inscription data has begun to pick up. So far in August, the number of inscriptions for more than 1,000 supply sets has doubled that of July.

● Bitmap is not just a map, it is the core concept asset of BTC. It has stories, users, stable daily trading volume, and more value dimensions.

● Ethereum inscription @0xFacet Facet's "sovereignty-based rollup" has been launched on Sepolia and will soon enter the mainnet. The main features include

Bringing ETH transactions back to L1 in a sorting-based manner,

Having the scalability advantages of traditional L2 Rollup,

And implemented in a way that fully inherits the security and decentralization characteristics of Ethereum (no privileged keys, no upgradeable contracts).

Runes Section:

● $DOG community said that the "token as product" scam destroyed cryptocurrencies, and encouraged project parties to use tokens to incentivize the community to promote project growth and build excellent project applications, rather than putting the cart before the horse.

BRC20 Section:

● It means that $pizza is the only project in the entire currency circle that has a high degree of certainty in the future and is supported by the community, project parties, capital, and the future development trend of the big pie ecosystem.

ARC20 Sector:

● @Leaper shared that in cryptocurrency investment, the key to judging which coins are suitable for long-term holding and which are suitable for short-term operations lies in the persistence of the sector narrative and the explosiveness of the project narrative. Choose sectors with persistent narratives and promising projects, pay attention to their long-term development potential, and ensure that the project valuation is reasonable and can attract investors of different sizes to participate.

BTC L2/Re-staking/Sidechain Sector:

● Fractal mainnet will be launched on September 9, 2024! The main contents are as follows:

· Launch a new token $FB economic model, with the distribution ratio as follows: 50% for mining, 15% for ecological treasury, 5% for pre-sale, 5% for consultants, 10% for community grants, and 15% for core contributors. (Airdrop is not mentioned)

· The brc-20 standard will be officially activated when the Fractal mainnet block height reaches 21,000.

· PizzaSwap (formerly known as Fractal Swap) will be launched on the testnet this week.

· Start testing the embedded small asset bridge function and cooperate with multiple wallet providers.

● @lilyanna_btc highlighted the key points and gave a detailed interpretation of each piece of information. In particular, Fractal supports a variety of btc mainnet assets, brc20, runes, Atomicals, etc. Fractal is likely to launch a more efficient native coin issuance protocol and other innovations on its own chain based on OP_CAT.

● Stacks @Stacks' Nakamoto upgrade is coming soon. The main directions promoted by the upgrade are interacting with DeFi applications within seconds, implementing DeFi strategies that require fast blocks, and introducing builders who want to build high-throughput use cases on Bitcoin.

Other/Early/Airdrop Sections:

● Odinswap airdrop announcement, Phase 2 is now live. Provide liquidity and earn XP daily based on your deposit value. Exchange RUNES and EARN based on the exchange value.

● @BitlightLabs released a major update, plans to release RGB assets, users can participate in mint with utxo. Tutorial by @bamboo_susu

BTC Events/Data Section:

● ETF net inflow of $437 million this week from August 19 to 23. The total cumulative inflow is $20.619 billion.

● On August 30, the OKX private event will be held in Hong Kong.

8/27 Market Price Section:

● BRC20 Inscription

$ORDI: $31.51

$ETHS: $1.00

$SATS: $0.000000347

$RATS: $0.000096

$PIZZA: $5.34

Total Market Value: $1.9 Billion

● ARC20 Atom

$ATOM: $1.11

$QUARK: $0.00156

$SOPHON: $0.001

$ELECTRON: $0.00461

$INFINITY: $0.001

Total market value: $79 million

● Runes

$DOG: $0.00304

$RSIC: $0.0037

$PUPS: $0.045

$BILLY: $0.023

$LOBO: $0.00081

Total market value: $790 million

● L2 Second Layer

$MERL: $0.23

Total market value: $82.5 million

OW @OrdzWorld organizes the latest and key information of the BTC ecosystem every day. The Ordinals World (OW) team is based in Singapore and has made strategic layouts in multiple Web3 fields, focusing on the BTC ecosystem as well as L2, Defi, Gamefi, AI, Metaverse and other fields.

Xverse is the preferred wallet for the Bitcoin ecosystem, providing a smooth asset management experience and supporting assets such as Runes/Ordinals/BRC20/Rare Satoshi/STX. @Xverse_CN