BRC-20 tokens, a new type of token standard built on the Bitcoin network, have been slowly inching into popularity among crypto enthusiasts. This popularity grew when Binance, the largest crypto exchange in the world, listed the ORDI token which went from $10 to $60, and then most recently, the exchange listed another BRC-20 token known as SATS. As the flames of bullishness are fanned by these listings, here are some BRC-20 tokens that could offer a good return on investment going forward.
OXBT (OXBT) BRC-20 Tokens
One of the most recognizable BRC-20 tokens that still has a relatively low market cap is the OXBT token. This token has followed the BRC-20 trend to a T, with a community behind it. As such, it is well-positioned to take advantage of any hype in the community.
OXBT is currently sitting around a $6.6 million market cap and is listed on multiple exchanges that support BRC-20 tokens. One of its most important selling points is that 100% of its supply is in circulation, so there are no surprises coming with token unlocks.
RATS (RATS) Follows The SATS BRC-20 Trend
The listing of SATS on Binance triggered a 100% move in the price, but another BRC-20 token enjoyed more success from the listing. With SATS’s market cap at over $1 billion already, investors are turning their attention to RATS whose market cap is still less than $300 million.
It is currently in the top 5 of BTC-20 tokens but presents the most promise given that its price still has a lot of room to run. As the BRC-20 craze continues and more crypto exchanges list them, RATS could be the play for this trend.
RATS rises to $0.00023 | Source: RATSUSDT on Tradingview.com
PEPE (PEPEBRC)
PEPEBRC appears on this list because of its potential to play on two very popular trends. One of the PEPE tokens
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Author: Best Owie