Not that much has changed, one might say it's even worse.
OK, I have a theory. But it's already very obvious.
- Because Ordinals users have been carving their own niche within the Bitcoin community/organizing their own conferences/having their own "heroes" with Casey Rodarmor and Erin Redwing, I believe that during the next bull cycle some of those BRC-20 tokens and NFTs will DEFINITELY surge MORE than Bitcoin. If I wanted to do some shitcoining, frankly not my first time, which BRC-20 token should I gamble?
I have serious doubts about this.
I don’t indulge into shit ornery very much, but after months of this Ordinals saga, I haven’t seen a clear winner in the space. There isn’t a BAYC equivalent for ordinals, and while I understand that minting is different than trading, I doubt this relentless minting activity will be ever be beneficial for prices.