BTC has long been the king, more of a digital gold standard for security and decentralization. It has been seen as a store of value, I agree. Then sometime last year there began a buzz around Bitcoin ordinals, CORE network activities towards bitcoin hash delegated to enhance security, and BTC staking becoming possible. Now with the emergence of BTC-FI launchpad pioneered by OGLong project, would buidlers and devs now prefer working with bitcoin dApps than other existing alternatives? How would it affect Bitcoin adoption and the expected bull?
I believe the Bitcoin ecosystem will soon revive. I’ve always been bullish on BRC-20 since it’s built on Bitcoin. With Coinbase planning to add Runes, I think we’ll see FOMO from various exchanges. That said, OGLG’s long-term outlook is bullish. Being the first community token in the BTCFi space with a hybrid-culture narrative, it’s going to set a trend in the market for true decentralization.
Well while I've been quite neutral about BRC-20 tokens, you do make a good point about FOMO being created among exchanges. The OGLG you mentioned did just get listed on the Bitget exchange and although the price is quite low, it does have a decent price trend so it has a bit of potential but saying it's going to set a trend is a bit of a stretch for me. There's a possibility of it fading into obscurity.