Summary
TLDR: Bitcoin is surging in price, with spot Bitcoin ETFs and upcoming events like the halving and Runes token protocol driving excitement. Bitcoin Ordinals are hot, with NFT-like assets dominating the market. Seven major Ordinals projects are highlighted, including NodeMonkes, Runestone, Taproot Wizards/Quantum Cats, Bitcoin Puppets, RSIC Metaprotocol, OnChainMonkey, and Ordinal Maxi Biz. These projects offer unique collectibles and potential for token airdrops, making them highly sought after in the growing Bitcoin asset market.
Key Points
1. Bitcoin Ordinals are experiencing a surge in popularity, with NFT-like assets dominating the market and creating competition between marketplaces.
2. NodeMonkes, a prominent collection in the Ordinals ecosystem, has avatars starting at $45,000 worth of Bitcoin, with one selling for over $1 million in March.
3. Runestone, launched in March, has become one of the largest collections on Bitcoin with a market cap of $650 million, offering holders the opportunity to mine tokens for the upcoming Runes protocol launch.