See More

Crypto Investor Reveals the Next Big Thing in BRC-20 Tokens

2 mins
Updated by Ali Martinez
Join our Trading Community on Telegram

In Brief

  • BRC-20 tokens are Satoshis inscribed with JSON code, transforming into tokens with unique identity and value.
  • The BRC-20 ecosystem integrates with Bitcoin layer 2 solutions and other chains, offering diverse functionalities.
  • BRC-20 tokens like SAVM, TAP, BeFi, and MUBI are potentially poised to play a pivotal role in the future of crypto.
  • promo

Bitcoin Ordinals and BRC-20 tokens have emerged as new frontiers, captivating investors with the promise of substantial returns. 

The intricacies of these digital assets unravel their complexities and spotlight promising BRC-20 tokens that could enjoy exponential growth.

Understanding Bitcoin Ordinals and BRC-20 Tokens

Bitcoin operates on the smallest unit, known as a Satoshi, akin to a cent in a dollar. Ordinals, a novel concept, have revolutionized the Bitcoin ecosystem. Each Satoshi, through Ordinals, is assigned a unique number based on its mining sequence. Consequently, this allows for the inscription of data – be it text, images, or JSON code – onto a Satoshi.

BRC-20 tokens are essentially Satoshis inscribed with JSON code, defining characteristics like name, supply, and transfer rules. As a result, this transformation converts a regular Satoshi into a BRC-20 token with its own identity and value.

Read more: What Are BRC-20 Tokens? Everything You Need To Know

The allure of BRC-20 coins lies in Bitcoin’s robust security, bolstered by its recent mainstream acceptance, including ETF approvals. The BRC-20 ecosystem extends beyond its native tokens, integrating with Bitcoin layer 2 solutions and other chains supporting smart contracts.

Moreover, this multi-layered structure enriches the BRC-20 experience, offering diverse functionalities.

Spotlight on BRC-20 Ecosystem Projects

According to Lady of Crypto, BRC-20 coins, with their unique attributes and expanding ecosystem, are poised to play a pivotal role in the cryptocurrency market’s future. Hence, she shared a list of BRC-20 tokens that are worth watching: 

  • SatoshiVM (SAVM): SAVM, a Bitcoin layer 2 leveraging Zero-Knowledge (ZK) rollups, addresses Bitcoin’s limitation of lacking native smart contract functionality. It enables more intricate decentralized finance (DeFi) applications by enhancing ordinals with additional utility.
  • Tap Protocol (TAP): A part of the existing Trac ecosystem, TAP represents a novel approach to layer 2 solutions. It facilitates advanced financial operations directly on the Bitcoin blockchain, introducing features like token staking and liquidity pools. TAP’s technology, though intricate, marks a significant advancement in blockchain functionality.
  • BeFi Labs (BeFi): Likened to the WOO/GMX of Bitcoin, BeFi has surged in popularity. Its token, BeFi, offers several advantages: revenue sharing, fee-free trading, early access to projects, and eligibility for BRC-20 token airdrops. Hence, BeFi’s comprehensive utility makes it a standout in the DeFi space.
  • Multibit (MUBI): As a liquidity layer, Multibit facilitates the seamless transition of BRC-20 projects to other layer 2 solutions. Though it has already experienced substantial growth, its essential role in infrastructure support makes it a valuable asset in the BRC-20 ecosystem.

According to analysts at Kaiko, trade volumes on BRC-20 tokens have been increasing since November 2023, demonstrating their unique position in the crypto market.

“Trade volume for this type of token has surged tenfold since November, from just $10-15 million to more than $500 million. The increase came after Binance launched spot and perpetual futures trading for ORDI, SATS and RATS,” analysts at Kaiko explained .

Read more: 13 Best Altcoins To Invest In January 2024

BRC-20 Trade Volume Surges.
BRC-20 Trade Volume Surges. Source: Kaiko

The BRC-20 token ecosystem represents a significant evolution in the cryptocurrency industry, offering investors a unique blend of security, innovation, and potential profitability. 

Top crypto projects in the US | July 2024
Harambe AI Harambe AI Explore
Uphold Uphold Explore
Coinbase Coinbase Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | July 2024
Harambe AI Harambe AI Explore
Uphold Uphold Explore
Coinbase Coinbase Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | July 2024



In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

Harsh Notariya
Harsh Notariya is a journalist at BeInCrypto, who writes about various topics, including decentralized physical infrastructure networks (DePIN), tokenization, crypto airdrops, decentralized finance (DeFi), meme coins, and altcoins. Before joining BeInCrypto, he was a community consultant at Totality Corp, specializing in the metaverse and non-fungible tokens (NFTs). Additionally, Harsh was a blockchain content writer and researcher at Financial Funda, where he created educational reports on...