Memecoins are hardwired into Internet culture, and crypto was not spared. From Dogecoin and Shiba Inu (SHIB) to the latest craze surrounding the popular PEPE coin, the industry has long been involved with them.
Now, the PEPE coin mania is also spreading across other protocols, and Bitcoin seems to be well under the radar. But it’s not exactly what you may think.
Ordinals Wallet is a veteran wallet that supports the so-called NFTs on Bitcoin – Ordinals. While called NFTs, they do have their differences to legacy non-fungible tokens, as most know them on Ethereum.
The team behind it made headlines after it decided to airdrop Pixel Pepe’s ordinals to users who made a transaction onto their wallet or marketplace before block 777888.
This is essentially within the first week of the creation of Ordinals Wallet.
The interesting part is that the lowest floor price, at the time of the post, was around 0.4 BTC – close to a whopping $12,000.
Pixel Pepes incoming!@ordinalswallet confirmed that they had airdropped #PixelPepes to users who made a transaction onto their wallet/marketplace before block 777888.
-> The total supply of Pixel Pepes is 1563, and their current floor price is 0.319999 $BTC pic.twitter.com/0iqNHUxRnc
— CryptoPotato Official (@Crypto_Potato) May 10, 2023
Meanwhile, PEPE’s price has lost a major chunk of its recently acquired value, and its market capitalization tumbled toward $800 million after peaking at close to $2 billion a few days ago.
The post The $12K PEPE Airdrop: Transitioning the Memecoin Hype to Bitcoin Ordinals appeared first on CryptoPotato.
—
Blog powered by G6
Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.
For any inquiries, please contact [email protected]
