Four days ago, the market capitalization of all the BRC20 tokens built on top of the Bitcoin network was a modest $95 million. However, over the past four days, the BRC20 market valuation has seen tremendous growth, increasing by 192% and reaching $279 million.The BRC20 token standard, which is built on top of the Bitcoin network, is gaining momentum and the BRC20 token economy is flourishing.
The top ten most valuable BRC20 tokens today are ordi, pepe, piza, meme, moon, punk, domo, oshi, xing, and shib. Ordi is currently the most valuable BRC20 coin, with a single ordi token exchanging hands for $9.46. With a market valuation of $200 million, ordi dominates the entire BRC20 token market capitalization by more than 71%.
Pepe, another BRC20 coin , has a market capitalization of around $17.6 million. The top five BRC20 token market valuations, which include ordi, pepe, piza, meme, and moon, account for 86.55% of the $279.07 million total. Not only is ordi the top BRC20 coin in terms of market capitalization, but it has also generated $3.1 million in 24-hour trade volume.
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