Home Crypto News The $12K PEPE Airdrop: Transitioning the Memecoin Hype to Bitcoin Ordinals

The $12K PEPE Airdrop: Transitioning the Memecoin Hype to Bitcoin Ordinals

by Cryptoroz

Memecoins are hardwired into Web tradition, and crypto was not spared. From Dogecoin and Shiba Inu (SHIB) to the newest craze surrounding the favored PEPE coin, the trade has lengthy been concerned with them.

Now, the PEPE coin mania can also be spreading throughout different protocols, and Bitcoin appears to be effectively below the radar. However it’s not precisely what you might suppose.

  • Ordinals Pockets is a veteran pockets that helps the so-called NFTs on Bitcoin – Ordinals. Whereas referred to as NFTs, they do have their variations to legacy non-fungible tokens, as most know them on Ethereum.
  • The workforce behind it made headlines after it determined to airdrop Pixel Pepe’s ordinals to customers who made a transaction onto their pockets or market earlier than block 777888.
  • That is primarily inside the first week of the creation of Ordinals Pockets.
  • The fascinating half is that the bottom ground value, on the time of the put up, was round 0.4 BTC – near a whopping $12,000.
  • In the meantime, PEPE’s value has misplaced a significant chunk of its not too long ago acquired worth, and its market capitalization tumbled towards $800 million after peaking at near $2 billion a number of days in the past.
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