• OKX introduced the itemizing of ORDI on its spot markets.
• The Ordinals repository was scheduled to open Might 20 at 7:00 a.m. UST.
• The announcement induced the ORDI worth to rise.

Seychelles-based cryptocurrency change OKX not too long ago introduced that the corporate plans to open Ordinals deposits on Might 20, 2023, at 07:00 UTC. The platform added that it’ll record ORDI/USD spot buying and selling when ordinal deposits meet OKX necessities.

On Might 16, OKX launched Ordinals Market, marking it as the primary multi-chain pockets to help BRC-20 buying and selling. The market introduction is the results of the rising progress of BRC-20 tokens, particularly the brand new Pepe memecoin.

The platform share a Twitter thread celebrating the launch of the ordinal market, saying:

Introducing the ordinal market on okxweb3, the place you may mint and commerce ordinals and BRC-20 tokens. Be on the forefront of innovation with the primary multi-chain pockets supporting Lightning for sooner Bitcoin transactions.

Right this moment, the platform proclaimed the corporate’s enthusiasm for itemizing ORDI on its spot markets. OKX additional knowledgeable that though the entire quantity of Bitcoins is 21 million, every BTC could possibly be divided into smaller items known as satoshi. Thus, the entire quantity of satoshi accessible could be 2100 trillion.

OKX defined the inscription or content material written utilizing the ordinal protocol, on the satoshi. The platform recounted that the knowledge could be listed within the type of NFTs and tokens, because of the restricted dimension of satoshi.

Wu Blockchain, the official Chinese language Twitter web page reported Collin Wu, commented on the sharp enhance in ORDI’s worth, following OKX’s announcement:

Collin Wu stated the worth of the primary BRC-20 asset rose by “greater than 24% in 1 hour”, including that the worth reached round $15, with a market worth of $310 million. At press time, ORDI is buying and selling at a worth of $15.22 with a 24-hour buying and selling quantity of $51,177,220 and a market cap of $324,487,207.