token based on BRC-20 Following the correction of an introductory error in the Binance exchange’s listing notice for the token, ORDI’s trading volume and price saw a parabolic surge.
As of this writing, $597,539,420 had been exchanged overnight, representing a 2,450% increase in ORDI’s trading volume. Even though ORDI is rated 120th, its trading volume puts it in the top 12 cryptocurrencies that are traded on exchanges right now.
The price of ORDI has also experienced a parabolic rise, peaking at 84% before declining to 18% as of this writing. With its current market value of $13.47, ORDI is firmly established as the token that pioneered the BRC-20 system.
ORDI Volume Skyrockets by 2,450% on Binance Listing News,ORDI Volume Skyrockets by 2,450% on Binance Listing News
The exchange misrepresented that it was listing ORDI as a token of the Ordinals protocol rather than explicitly as a BRC-20, which is a subset of the Ordinals Protocol, in the previous listing of ORDI, which Binance had stated.
With the right labelling, ORDI has become more clear and is now a legitimate asset that Binance is willing to consider. The listing announcement has contributed to ORDI’s recovery, as seen by the increase in weekly growth rate of 147.86%.
It is important to remember that the listing of ORDI might be a sign of positive things to come for the coin, especially in light of how strict Binance exchange has been lately.
If community excitement doesn’t wane too quickly, Binance—the largest exchange in terms of trading volume and total user count—will provide ORDI with the exposure it needs to continuously be relevant.
Given that the listing coincides with the exchange delisting other underperforming token pairings, it receives greater attention. The most recent is the elimination of the pairings connected to Cardano (ADA), Terra (LUNA), and Shiba Inu (SHIB), respectively.
ORDI Volume Skyrockets by 2,450% on Binance Listing News,ORDI Volume Skyrockets by 2,450% on Binance Listing News,ORDI Volume Skyrockets by 2,450% on Binance Listing News , Binance coin Crypto news, Binance coin News