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Which tokens on the BTC chain are worth buying?
The BTC on-chain ecosystem has been gradually recovering recently, and all kinds of assets are rising.
Let's review some potentially promising native on-chain assets of BTC for everyone's reference.
1. The first inscription of the Ordinals protocol $ORDI , everyone should know this, but I still think it's necessary to promote it. The last surge directly pushed it to $10, and with the arrival of the altcoin bull market, I believe the next wave to hit $10 is not far off.
2. The recently popular $NAT , yesterday there was a mistake in the market cap information; actually, NAT's circulating supply is only a few tens of millions, and the FDV is only around $90 million. With this market cap and hype combined with the current market conditions, I feel it's hard not to take off. It should be the most sought-after asset on the BTC chain right now, a must-buy series.
3. Rune sector, strongly recommend UNCOMMON•GOODS. Why? Because this rune still has two years to be completed. Although Rune Dog is very impressive, I still believe that the most awesome rune in the future will definitely be UNCOMMON•GOODS.
Currently, the trading volume of this rune exceeds all other runes combined in the rune sector. It has daily transactions and a large number of holders. Its price before the mint ends is determined by BTC's gas. If one day BTC's gas suddenly surges, the price of this rune will also skyrocket. If future rune hype reaches $100 million, based on the current market cap, there is a 50x space, and the current price has bottomed out. The risk-reward ratio is very high!
4. $RGB , a smart contract and asset protocol based on BTC/Lightning Network. I believe it will have great potential in the future. This is a truly native on-chain ecosystem of BTC and the future development direction. Currently, it is in OTC trading status. As the ecosystem prospers, RGB is very likely to be widely adopted in the future.
5. NFT sector, strongly recommend runestone and bitmap. Rune stones also have airdrop expectations and have bottomed out. The community of bitmap is very resilient. After this wave of market improves, they will lead the rally first. Other projects are too expensive; most people can't afford them.