In the recent Bitcoin ecosystem, the market has been unprecedentedly hot. With the continuous emergence of a series of good news such as Binance listing ORDI, Bitget listing SATS, and UniSat Wallet launching BRC-20 Swap, many investors and analysts have expressed concern about this phenomenon. However, behind this speculation-driven market, an inscribed asset class called Rats has quietly emerged and become the new focus.
The rise of RATS
Rats, as a type of BRC-20 series inscription assets, was established in March this year. The upper limit of a single minting is 1 million. The token RATS has been listed on multiple exchanges such as LBank and Gate.io. Bitget also announced that it will list the token. So far, Rats’ total trading volume in the OKX Ordinals market has firmly ranked among the top three in the BRC-20 trading volume list, with the number of transactions reaching 1.04 million and the number of holders being 7,456, showing its strong market activity.
According to market data, since the beginning of November, the price of Rats has soared from 0.001 sats/rats to 0.127 sats/rats, an increase of 1,270%. Since its token RATS was listed on LBank on November 14, it has increased from US$0.0000158 to US$0.00009, an increase of approximately 469.6%. This has made many investors look forward to Rats, especially after Bitget is launched, which is expected to attract the attention of more investors.
the power of community
The success of Rats not only relies on market popularity, but more importantly, the strong community support behind it. According to Telegram data, Rats has a community of 6,384 people, and about 800 people are active online in real time, accounting for more than 12%. In comparison, although the Bear community has a large number of members, the number of online active people appears to be relatively weak. This phenomenon shows the cohesion and activity of the Rats community, which has become an important factor in its continued emergence from the circle.
In the Rats community, active promotion by project developers and KOLs also plays a crucial role. The BRC20 Chinese community officially announced that Rats will be front-loaded, and the encryption project SoulLand published an article to promote the establishment of a Rats virtual landmark building. In particular, the well-known KOL [email protected] has been posting frequently to promote Rats since November 12th, further increasing the popularity and attention of the community.
Reflection and Outlook
Although Rats has performed well in the market, there are also voices expressing caution. With the listing of Rats tokens on major exchanges, market enthusiasm continues to rise, and FOMO (fear of missing out) is also spreading in the community. However, the crypto market has always been highly volatile, and investors need to carefully assess risks when chasing hot spots.
In the current market environment, Rats’ success is not an accident, but the result of multiple factors. Although it does not have many innovative points as an inscribed asset of the Meme concept, strong community support, KOL promotion and market liquidity undoubtedly provide strong support for it.
in conclusion
Overall, the rise of Rats has injected new vitality into the Bitcoin Inscription ecosystem. Among the many zoo series, Rats has quickly become the focus of the market with its unique market performance and community power. Despite market volatility and potential risks, Rats still shows strong growth potential.
In future investment decisions, investors need to remain rational, focus on market dynamics, and view popular projects with caution. The successful experience of Rats may provide reference for other projects, but every investor should make a wise choice based on a full understanding of the market. As the Bitcoin Inscription ecosystem continues to develop, whether Rats can continue to maintain its growth momentum deserves our continued attention.