This low fee face has been good.
But, I wonder why the Ordinals guys aren't making their moves now.
Why are you only interested in doing this during busy periods?
But, I wonder why the Ordinals guys aren't making their moves now.
Why are you only interested in doing this during busy periods?
Well, they are/were the ones causing the busy periods. Ordinals activity is down across the board. It appears the hype is finally subsiding; however, last time I said that (in October) it came roaring back with a vengeance, so I don't want to jinx it.
It appears there market has reached an inflection between a saturation point and boredom; there's just too many ordinals + BRC-20 for sale out there and a finite amount of BTC to pay for them. If anyone is interested, this is the collection that seems to be all the rage right now:
https://magiceden.io/ordinals/marketplace/nodemonkes
The floor price is currently >0.4 BTC for them and 45.5 BTC in trading volume over the last 24 hours
insanity. No way it will last.